Rs 82,836) which comes to Rs 19.933 crore per acre) and the total amount comes to Rs 1,011.80 crore.
The UT Administration, now waiting for the final approval, recently sent a Cabinet note to the government.
But, the move hit a roadblock after the UT Administration informed the PGI that the land would cost a whopping Rs 1,011 crore.
Sources said the cost of land is expected to be less than Rs 4 crore per acre once the proposal is approved.
The north India’s premier medical hub had announced the setting up of a major health facility on the 50-acre land sanctioned by the Chandigarh Administration in Sarangpur.