Land Compensation

Land compensation refers to the financial payment made to property owners when their land is required for public use, such as infrastructure projects like roads or schools. This process is often governed by laws that ensure owners receive fair value for their land, considering factors like market value and potential future use. The goal is to balance public needs with private property rights, so property owners are compensated for the loss of their land, which helps mitigate the impact of such projects on their lives and finances.