Tuesday, February 16, 2016

Airport expansion: landowners seek better and uniform compensation

Representatives of Vivasayigal Vazhvurimai Pathukappu Iyakkam petitioned the District Collector on Monday seeking better and uniform compensation for the several hundred acres of land to be acquired from them for expansion of Coimbatore International Airport.
Secretary of the association R. Kumar said that there was a vast difference in the rate fixed for the 450 acres of private land to be acquired for the expansion. While it has been fixed as low as Rs. 15 lakh an acre in some areas in the recent rate fixation negotiation meetings, he claimed that market price for an acre was Rs. 5 crore – when acquisition was notified in the gazette in 2013, he said.
16/02/16 The Hindu

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