No.5 was prescribed for shopping complex. The predecessor in title of the petitioners issued notice under section 127 of the MRTP Act on 18.8.2004, calling upon the Municipal Council to take steps for acquisition of the property and it was informed that, in the event of failure to act in accordance with the provisions of law, the designation, reservation or allotment in respect of the subject property, made in the final development plan, shall be deemed to have lapsed. The petitioners state that, initially steps were taken by the Collector, on receipt of the proposal from the Municipal Council, by making appointment of Special Land Acquisition Officer for taking up the acquisition proceedings on 19.12.2005. However, there-after, no steps were taken and as such, the proceedings initiated did not move further. It is pointed out that, the Municipal Council adopted a resolution on 2.9.2011, wherein, the offer of the petitioners is recorded to the effect that, they would be willing to hand over the area of 25 aar required for 15 M road, without claiming any compensation. It is also recorded in the resolution that, the Municipal Council does not have funds at its disposal for acquisition of the property and as such, it was resolved to request the Collector to drop the acquisition proceedings. The Collector, on receipt of the resolution, cancelled the appointment of the Special Land Acquisition Officer in the year 2012.