Business Standard

Residents seek higher compensation for land

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Press Trust of India Coimbatore
A group of residents, whose land is sought to be acquired for expansion of the airport here have petitioned the Collector, demanding higher compensation than what was offered by the government.

they said the compensation of Rs 1,500 per square foot offered by the authorities was too meagre considering that the prevailing market prices was between Rs 5,000 to Rs 8,000.

The residents of GSR Nagar in Chinniyapalayam area said preliminary work for the expansion have started and before it commences it in full swing, an amicable settlement should be arrived at.

Besides more than 600 houses, there are nearly 100 industrial units and the meagre compensation would seriously affected their livelihood, they said.

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First Published: Nov 06 2017 | 11:07 PM IST

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