Maharashtra limits 12% annual land‑acquisition payment to base land value
Published
AI-generated summary of the coverage listed below: The state government has changed the calculation of the additional 12% annual payment to landowners, stating it will now be based only on the market value of the land and not on the government‑prescribed multiplier. This decision may affect major infrastructure projects.
Covered by 1 outlet across the spectrum: 0% left, 100% center, 0% right.
Who is covering this story
- Center (1): Free Press Journal
Sources
- Maharashtra Revises Land Acquisition Compensation Formula, Limits 12% Annual Payment Calculation To Base Land Value — Free Press Journal (center)