JOIN USThe Mysore Urban Development Authority (MUDA) found a major relief in mediation, by settling various disputes over additional compensation on lands acquired from farmers for its projects.
The authority will be saving a whopping Rs 394.54 crore by brokering an out of the court settlement.
At a meeting on the action plan for the current fiscal and land acquisition, presided over by Deputy Commissioner C Shikha, also chairperson of the authority, it was informed by the officials that the authority has reached an out of the court settlement in the disputes and is liable to pay just Rs 257.04 crore in the form of compensation — including Rs 166.14 crore deposited at various courts — at the rate of Rs 42 lakh per acre of land acquired from farmers. So, the authority has to pay only Rs 90.90 crore now.
As per the settlement reached over various sittings, it was decided that the said compensation has to be settled in 279 cases. The first installment has to be paid before January 2015, second in April and the third and final in July.
Earlier, following the court orders, the authority had to pay Rs 652.58 crore, after the farmers filed suits in courts seeking additional compensation. They were unhappy with the compensation offered by the authority.
The officials said, the out of the court settlement will also help save the authority from the disgrace of seizure of office properties, frequent court visits and expenditure incurred on advocates’ fee, etc.
The meeting also gave its consent to the action plan for Rs 371 crore, mainly focusing on roads, drains, lake development, parks, burial grounds, playgrounds and also rural development. The action plan proposes to take up developmental works in the villages abutting the city.