Image for Compensation for land

Compensation for land

Compensation for land refers to the amount paid to landowners when their property is acquired for public projects like roads, schools, or infrastructure. It aims to fairly reflect the land’s market value, considering factors like location, size, and potential use. The goal is to provide just and equitable payment that compensates owners for their loss, including any disturbance or inconvenience caused by the acquisition. Proper compensation ensures landowners are neither unfairly disadvantaged nor unduly enriched, supporting transparency and fairness in the government’s land acquisition process.