Compensation for metro’s Kakkanad extension fixed
The Hindu
Even as the land acquisition process for Kochi Metro's 11.20-km Kakkanad extension might skip the June 2021 deadline by a couple of months, the Revenue Department has arrived at the compensation for the 2.01 acres of land that has to be acquired for the extension.
Thus, road-facing plots in Edappally South Village will get ₹38.20 lakh per are (an 'are' is equal to 2.50 cents), since much of the area comes under Kochi Corporation and the fair value is relatively higher than in areas that fall under Thrikkakara municipality. Land owners in Vazhakkala Village will get ₹33.93 lakh per are and those in Kakkanad Village ₹31.78 lakh per are, for plots that face PWD roads. Plots facing municipal roads will get ₹26.33 lakh per are, official sources said.
More Related News