'bill no 43 of 1"3  the requisitioning and acquisition of immovable property (amendment) bill, 1963 a billftl:rther to am~d the requilitioning and aequiaitioft of' immooable propert'ji act, 1952 bz it enacted by parliament in the fourteenth year of the republic of india as follows:-1 this act may be called the requisitioning and acquisition short title of immovable property (amendment) act, 1963 10 of 1152 5 z in section 1 of the requisitioning and acquisition of immovable amendment ! property act, 1952, for sub-section (3), the following sub-section of section 1 j shall be substituted, namely:-',' 10 cc (3) it shall ceme to have efteet on the 14th day of march, 1970, except as respects things done or omitted to be dbne before such cesser of operation of this act, and section 6 of the general clauses act, 1897, shall apply upon such cesser of operation as if it had then been repealed by a central act"  statement of objects and reasonsthe requisitioning and acquisition of immovable propery ad, i952, which empowers the ~ntral government to requisition immovable property for the purposes of the union and to acquire requisitioned property under certain circumstanges 19 due to expire on the 14th march, 1964 it is common knowledge that with the continued expansion of developmental activities of the government there has been an appreciable inc:rease in the demand for ofllce and residential accommodation as at present, the shortage estimated is approximately 59 lakh sq ft of office accommodation and 74,000 units of residential accommodation in delhi, bombay, calcutta and madras any step to release the property held under requisition at this tege will only· aggravate the existing shortuge at the same time, it may not be possible to acquire that property in view of the expenditure involved which may run into several crores of rupees the conversion of existing requisitioning into leases, besides beini expensive, is frauibt with much difficulty as landlords are generally averse- to making leases in favour of government under the present circumstances, therefore, the need to requisition or continue under requisition property for essential union purposes is likely to persist for some time to come accordingly, it is proposed that the life of the existing act be extended far a further period of six years ie up to the 13th day of march, 1970  )4ed chand khanna new dflln; the 4th novemlter, 1_ ~-   1'he r~utitionin, and aequisition of immovable property act; 1952, which empowers the central govemmoent to requisition immovable property for the purposes of the union and "to acquire requisitioned property under certain circumstances is due to xpire on the 14th march, 1964 this bill seeks to extend tht! life of the existin, act for a further period of liz yean i • u, to tke l1tk day of march, 1970 the power of the central government to requisition immovable property for tht! purposes of the union and to aequire requisitioned property will continue and some of the property which is subject to :requisition at present may continue to be subject to requisition for some time more the continuance of the act does not, howewr, necessarily involve any additional expenditure from the consolidated fund of india on the contrary if the government releas'es the property held at present under :requisition, it ,ould have to take lease of other property and pay rent in respect thereof which in the conditions now prevnina would be much areater ai the number of requisitioned property varies from time to time and as requisitioned property can also be acquired, it is extremely difllcult to ,ive an estimate of the amount of compensation that may be payable in respect of requisitioned property for any future period at the present moment, however, it is eatimated that the amount of annual expenditure on account of payment of compenaation for requisitioned propllrty would be of the order ot rs 50 lakha  -  annuuiuc ~ct  '"" 'l\ilqlnsl'l'iolmlg aiid ~qvjllltlqlll ",~ horan ar:r 1952 ' (ie , 11ft}•• - - • short tlue 1 v) ~ act me, be callad the bequilitiontnl' and acquisition awnto add of iduddvable property act, 1852 durat101l (2) it extends to the whole of india except the state of jammu and ~a8hmir (3) it iball remain in foree for a period of twelve years from the c1\e of the commencement of this act  - - - • - -  a bill further to amend the requisitioning and acquisitioo of immovable property act, 1952(sh,; mehr chand khanna, minister of works, housing and rehabilitation) 