In Brief
Laxmikant and others purchased land that was reserved in a 2002 Development Plan. When the Municipal Corporation failed to acquire the land within ten years, the owners served a purchase notice in 2016. The High Court declared the reservation lapsed but gave the Corporation one additional year to acquire. The Supreme Court allowed the owners' appeal, holding that the statutory timeline of ten years plus one year for serving notice is final and binding. Courts cannot grant extra time for acquisition, as such decisions rest with the State and cannot be compelled. Land owners cannot be indefinitely deprived of land use through endless reservations.
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