LawRato

My land one acre out of 613 acres going to be acquired for coimbatore airport expansion G.O,Dtd 20.1


01-May-2023 (In Property Law)
My land one acre out of 613 acres going to be acquired for coimbatore airport expansion G.O,Dtd 20.10.2010, ear marked & 3(2) notice served on march 2011 and our objections heard no more development. I purchased this land by1983 as agri land and developed factory shed's for 50 cents and in the remaining half 70 coconut trees are there. This land is within the coimbatore corporation limit from the beginning and it comes under domestic class III type I classification, as per stamp act the guideline value is Rs.400/- per sq ft. The Question: Will the compensation be calculated as domestic land class III type I Rs.400/- per sq ft (2 times as it is within urban limit + 100% solatium + R&R etc..,, as per LARR ) OR Will it be taken as agri land and a lesser value than Rs.400/- be taken as base value and add other benefits as per LARR bill as said above?
Answers (1)

Answer #1
175 votes
The compensation will depend upon the classification of the land in the current land records at the registry.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."