Devanahalli: Panel offers ₹2.70 crore per acre to farmers who voluntarily came forward to offer land
The Land Price Determination Advisory Committee has recommended a record compensation of ₹2.70 crore per acre for farmers in Devanahalli who voluntarily agreed to sell their land for industrial development. This follows previous resistance to forced land acquisition in the region for the Aerospace Park project.
Why it matters
The high compensation reflects a shift in government strategy toward voluntary land acquisition to avoid the prolonged protests and legal hurdles associated with forced acquisitions.
The Land Price Determination Advisory Committee has recommended a compensation of ₹2.70 crore per acre to the Karnataka Industrial Area Development Board (KIADB) for 120 acres of land in two villages of Channarayapatna hobli in Devanahalli taluk, where landowners have voluntarily agreed to part with their land for industrial development.
The article presents the facts of the compensation offer and the context of previous land disputes without taking a side.
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