The document outlines the land acquisition procedure under the Maharashtra Industrial Development Act 1961. It involves several steps: 1) Selection of suitable land for acquisition by a land selection committee; 2) Approval of the acquisition by high-level committees and government; 3) Publication of notices and hearings on objections; 4) Valuation and negotiation of compensation with landowners; 5) Issuance of a compensation order and payment; 6) Handover of possession to MIDC. Key parties involved include the Regional Officer, Special Land Acquisition Officer, and Collector.