My reply to a comment by a reader on the article "New land law: Cost for Delhi-Jaipur expressway jumps" published on 25/02/2014 at 4:40 pm.
"Yes. You are right.
But as of now, as the land could have been procured at cheaper rates, if this law was not in force, it appears to be a very high price paid for those lands which are in remote places.
Whatever the case, your approach is very positive and very generous. Considering the benefits of future costs and profits, the compensation for land that the owner gets is very normal or below normal."
"Yes. You are right.
But as of now, as the land could have been procured at cheaper rates, if this law was not in force, it appears to be a very high price paid for those lands which are in remote places.
Whatever the case, your approach is very positive and very generous. Considering the benefits of future costs and profits, the compensation for land that the owner gets is very normal or below normal."