7 months ago
3
The Cabinet connected Thursday approved the acquisition of 60 acres and 6 guntas of onshore belonging to Terra Pharma Biotechnologies Limited astatine a complaint of ₹1.50 crore per acre for the constitution of Integrated Solid Waste Management Limited (ISWML).
The notified backstage onshore is located successful Gundalahalli, adjacent Doddabelavangala, successful Doddaballapura. Compensation to the backstage institution volition beryllium provided nether the provisions of the Right to Fair Compensation and Transparency successful Land Acquisition, Rehabilitation and Resettlement Act, 2013.
The Finance Department has cautioned that fixing the complaint astatine ₹1.50 crore per acre could acceptable a caller minimum benchmark for onshore transactions crossed the Bengaluru Rural district, irrespective of existent tract conditions. This, it warned, could efficaciously thrust up nationalist expenditure for each aboriginal authorities projects successful the region.
