excess land

excess land

Land taken by eminent domain in a condemnation proceeding,but which is greater than the amount actually needed for the project in mind.A government may condemn excess land because the portion remaining after the amount actually needed may be rendered completely useless. In such a circumstance, the authority would have to pay for the condemned land and pay damages for the loss in value of the remaining land. It may be cheaper to simply take all the land and then attempt to sell the excess,especially if there are several excess parcels that are contiguous to each other.

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It is decided by the district council in Slagelse, disposing of part of the excess land for other purposes and redevelop the remainder of the care center for modern care homes for Living Bo environmental law.
Built in 1983, 14201 Franklin has unique building features and excess land that make the project an ideal candidate for a creative office conversion in a market where creative office product has a low, single digit vacancy rate.
Shareholder dissent matters having focus on excess land versus buffer adequacy.
In total, the portfolio consists of 14,175,572 s/f of core and value add bulk industrial real estate as well as two excess land parcels comprising 73.
This article discusses the criteria to identify excess land and formulates a framework for examining the potential discount or premium of the market value of excess land and remainder tract relative to its sum of the parts.
By giving up social impact assessment, what you are doing is, you are opening the doors for diversion of land like what happened in Uttar Pradesh where land was acquired for public purposes and was diverted to private builders and you are also opening the doors for excess land to be acquired," he said.
He said that the government would allow all public sector universities to use their excess land for commercial activities and the universities would take NOC from the relevant government departments.
First, it creates problems for the environment, and, second, we are ending up using excess land for it.
The airport now has a clear title of 500 acres in its possession and the state government has decided to regularise another 200 acres of land, which was recently notified as excess land by the revenue officials.
Apparently, the public broadcasters of the country are also planning to sell its excess land to restructure its finances.
Regarding Aranmula, he said there was "no doubt" that the airport would materialise and that the recent reports about the Land Board declaring the land acquired for the airport as excess land was only a technical issue that needed to be sorted out.
The president also requested those who own excess land to sell part of it to the government for distribution to landless citizens.