(1.) Rule. Rule returnable forthwith and heard finally with the consent of parties.
(2.) By this Writ Petition under Article 226 of the Constitution of India, the Petitioners seek a direction to the Respondents, to declare that the reservation of Cattle-Farm and Development Plan Road on their land bearing Survey No.271/4 admeasuring 1 hectare 1 R situated at District Nasik ('writ land') has lapsed as per Sec. 127 of the Maharashtra Regional Town Planning Act, 1966 (MRTP Act). Additionally, they seek a direction to declare that, the subsequent reservation after issuance of the Purchase Notice as illegal.
(3.) The undisputed facts are as under: