Amount to be demanded from nhai against land
GOPAL PALOD
(Querist) 21 January 2012
This query is : Resolved
My land measuring 2.1 acres is going to be aquired by NHAI for four laning of national highway no. 6. My land is sorrounded by warehouses & transport & industrial units. The market value of my piece of land is approx 1 crore. I am not aware as to how much amount i will receive from NHAI. Please give me expert advise so as to receive rupees 1 Cr from NHAI against the compesation of land owned by me.
ajay sethi
(Expert) 21 January 2012
in
case of NHAI projects, the National Highways Act, 19561 (hereafter NHAI Act) is used to
carry out land acquisition for National Highways projects. The Act provides NHAI power to
acquire land through “competent authority” (i.e.), the district collector and/or NHAI staff)
through notification of official gazette by the Central Government.
The Act covers only legal title holders and
provides for: (i) market value of the land; (ii) a solatium of 30% on the market value for
compulsory acquisition; (iii) additional amount for trees, crops, houses or other immovable
properties; (iv) damage due to severing of land, residence, place of business; (v)
compensation to bargadar (sharecroppers) for loss of earning; and (vi) an interest of 12% on
the market value from the date of notification to award.
you will get compensation at market value as per provisions of National Highways Act, 19561
Sailesh Kumar Shah
(Expert) 22 January 2012
Please give me expert advise so as to receive rupees 1 Cr from NHAI against the compesation of land owned by me.
Anwer: Go local acquisition office and check 'Award' for compensation amount.
