What is the purpose of the Urban Land (Ceiling and Regulation) Act, 1976?
The Urban Land (Ceiling and Regulation) Act, 1976 (Central Act 33 of 1976) is a central legislation aimed at preventing the concentration of urban land in the hands of a few individuals and ensuring its equitable distribution. The Act imposes a ceiling on the amount of vacant land that can be held by a person in urban areas, and provides for the acquisition of excess land by the government. It also seeks to regulate the construction of buildings on such land and promote planned urban development.