Land Acquisition
Land acquisition refers to the process of obtaining land for various purposes, such as development, agriculture, or conservation. This can involve purchasing land from private owners, negotiating with government entities, or acquiring land through legal means like eminent domain, where the government takes private property for public use, often compensating the owner.
The process typically includes assessing the land's value, conducting environmental studies, and ensuring compliance with local laws and regulations. Stakeholders may include developers, government agencies, and community members, all of whom may have interests in how the land is used and developed.