Now Reading: Bidadi land compensation may exceed Rs 3 crore an acre, says CM
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Bidadi land compensation may exceed Rs 3 crore an acre, says CM
Chief Minister D.K. Shivakumar has indicated that compensation for land losers in the Bidadi township project could exceed Rs 3 crore per acre, a departure from the Rs 2.55 crore cap set…
The Story in Brief
Chief Minister D.K. Shivakumar has indicated that compensation for land losers in the Bidadi township project could exceed Rs 3 crore per acre, a departure from the Rs 2.55 crore cap set by a government-appointed committee. The announcement came just before a joint padayatra by the JD(S) and BJP on Sunday.
Documents accessed by The Hindu reveal the committee fixed compensation between Rs 2.07 crore and Rs 2.55 crore per acre, with a clause allowing higher payouts only where the guidance value exceeds the cap. GBDA sources confirmed only one such case exists so far, a Vaderahalli plot valued at Rs 90 lakh per acre, which triples under the FCTLARR Act plus interest and consent award. The CM also promised 50% developed land to those preferring land over cash. Opposition leader H.D. Kumaraswamy questioned the sudden increase.
The Indian Opinion
The sudden Rs 3 crore figure from the CM, just hours before a joint Opposition padayatra, smacks of political timing rather than policy clarity. The GBDA says only one land parcel qualifies under the existing formula, not a blanket hike. This is not generosity; it is a narrow legal arithmetic. The test is whether the government will amend the compensation committee's own cap, or merely cite rare exceptions to steal headlines. The real number to watch is the actual payout in the next batch of land acquisition awards.
Source: thehindu.com
This story was synthesised by AI from the source linked above.
