Compulsory
Purchase
Orders
Navigating compulsory purchase orders can be a complex endeavour, but HPS Real Estate is the expert team to spearhead this process.
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Compulsory purchase orders entail government entities acquiring privately held properties to facilitate major infrastructure projects, such as roads, rail lines, and water schemes. HPS Real Estate possesses the precise knowledge and expertise needed to manage each case with efficiency and sensitivity.​
Our Services
At HPS Real Estate, we specialize in navigating the intricate domain of compulsory acquisition, where the assessment of compensation is rooted in 16 statutory rules and relevant case law. We play a pivotal role in evaluating compensation for landowners affected by compulsory acquisitions.
When representing the State, our role encompasses assessing the impact and advising on the compensation owed to affected property owners. Conversely, when advocating for property owners, we meticulously assess the ramifications and proficiently submit compensation claims on their behalf. Our commitment extends to negotiation on behalf of affected property and landowners, ensuring they receive their full entitlement to compensation.
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Compensation
The assessment of compensation typically encompasses several categories of claims, which may include:
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Value of Land Acquired
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Diminution of Value of the Retained Lands, if Any
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Costs Resulting from Acquisition
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Disturbance (Permanent & Temporary)
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Loss of Profits or Goodwill
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Loss or Depreciation of Stock in Trade
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Professional Fees Necessary for Acquisition
Accommodation Works
Agreements on compensation often encompass an extensive roster of accommodation works. These may encompass diverse aspects, including but not limited to boundary fencing, replacement of boundary walls (applicable to both residential and commercial properties), water supply connectivity, drainage solutions, septic tank and percolation area relocations, noise abatement measures, double glazing, and more.
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The importance of specialized guidance in accommodating these works cannot be overstated. It entails assessing mitigation measures for disturbance, scrutinizing accommodation maps and schedules, and ensuring that all aspects of accommodation are comprehensively addressed.