The report highlighted that landowners also have the choice to opt for land pooling.
Greater Mohali Area Development: The Land Acquisition Collector of the Greater Mohali Area Development Authority (GMADA) announced on Tuesday the compensation for 716 acres of land acquired from nine villages for the Eco-City-3 project of New Chandigarh, the Tribune reported.
The announcement clears the way for GMADA to take possession of the land from the owners under Section 19 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, it added.
According to the report, the acquired land includes: Kansala (169 acres), Kartarpur (93.6 acres), Rajgarh (42.1 acres), Takipur (317.3 acres), Hoshiarpur (59 acres), Rasulpur (2.06 acres), Dhodemajra (0.3 acre), Majra (6 acres), and Salamatpur (6.7 acres).
It added that, as per the fixed land valuation, compensation of Rs 5.91 crore per acre has been given to landowners in Rasulpur, Rs 6.46 crore per acre to Salamatpur, Rs 6.40 crore per acre to Dhodemajra, Rs 4.99 crore per acre to Takipur, Rs 4.27 crore per acre to Rajgarh, Rs 5.43 crore per acre to Kartarpur, Rs 4.27 crore per acre to Majra, Rs 5.46 crore per acre to Kansala, and Rs 4.98 crore per acre to Hoshiarpur.
It further added that GMADA fixed the value of the land on the basis of the average sale registrations recorded in the villages over the last three years.
Option for Land Pooling for the Owners:
The report highlighted that landowners also have the choice to opt for land pooling.
“Under the land-pooling policy, farmers can avail 1,000 square yards of residential space and 200 square yards of commercial space per acre of acquired land. If commercial space is not opted for, landowners can instead take 1,600 square yards of residential space per acre. Farmers seeking land pooling must submit their applications within 120 days,” the report said.
Additionally, farmers will be given a certificate exempting them from stamp duty for registration, within two years, on the purchase of agricultural land anywhere in Punjab.
Farmers will also receive an electricity connection for agricultural use and an annual subsistence allowance of Rs 25,000.
Moreover, compensation will also be paid for trees, houses, and other structures located on the acquired land.
The disbursement of compensation will begin immediately, the report added, citing officials.
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