• Land acquisition

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?
Asked 3 years ago in Property Law from Coimbatore, Tamil Nadu
The compensation will depend upon the classification of the land in the current land records at the registry.
Prabhat Shroff
Advocate, Kolkata
141 Answers
39 Consultations
3.8 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Property Lawyers

T Kalaiselvan
Advocate, Vellore
13902 Answers
127 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
23079 Answers
1212 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
18049 Answers
445 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
12027 Answers
226 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
5131 Answers
54 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
868 Answers
43 Consultations
5.0 on 5.0
Atulay Nehra
Advocate, Noida
423 Answers
15 Consultations
4.7 on 5.0
Ajay N S
Advocate, Ernakulam
1905 Answers
19 Consultations
5.0 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2693 Answers
41 Consultations
4.9 on 5.0
S J Mathew
Advocate, Mumbai
1949 Answers
65 Consultations
5.0 on 5.0