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Should I get interest on land acquired according to new or old rate
13-Apr-2023 (In Property Law)
Respected sir, in year 2011, .042 acre from my agricultural land, acquired for national highway under NH act 1956. I have already taken compensation in 2011. In 2015 when I measured my remain land infound some more area acquired, I have complained to NHAI and Competent authority. And now Competent authority has give his report and told NHAI that .5 acre land has been extra acquired, and said to NHAI for directly buy land from me. Now sir Qs is I will get compensation of this .5 acre land on new rate or old rate with interest? Can I demand legally for compensation on current land rate.
As the land was acquired in 2011, you will receive compensation at the rate when the land was acquired. You can claim for interest for delay in compensation.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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