The state government took over the land in 1970s on the ground that it comes under urban land ceiling act.
He also pointed out that several other properties in the vicinity of the Park which were taken over by the government under the Urban Land Ceiling Act were later returned to their owners, many of them legislators and politicians.
She wanted to nationalize the banks, bring in the Urban Land Ceiling Act
, and remove the right to property.
According to the Maharashtra Urban Land Ceiling Act
( repealed in 2007), it was mandatory for realtors to keep some flats vacant in lieu of constructing on government land.
In 1986, around 240 acres of surplus land was acquired by the state government under the Urban Land Ceiling Act
(ULCA) and leased to Hiranandani developers at a cost of 40 paise per acre.