Summary:
The cash compensation also includes compensation for felling the trees located on the land. It has started accepting the claims of the other land owners, who have agreed to receive compensation through multiple avenues, such as FSI, TDR and cash compensation. The civic administration has sought a total of Rs 130.69 crore as cash compensation for paying land owners, and the proposal has been approved by the PMC Standing Committee. “The valuation of the land, where owners are demanding cash compensation, has been conducted. The civic body has now set up a dedicated cell to speed up the acquisition process, but continues to face opposition from some land owners..