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HC ENHANCES COMPENSATION TO WADIA TRUST
Hindustan Times Pune
|December 15, 2024
MUMBAI: The Bombay high court has enhanced the compensation granted to A H Wadia Trust for acquiring 50,000 sq m of its land for the expansion of the Chhatrapati Shivaji Maharaj International Airport (CSMIA).
A single judge bench of justice Milind Jadhav on Wednesday held that the trust was entitled to enhanced rates, from ₹74 to ₹169 per square metre, as against ₹12 and ₹14 per square metre notified by the special land acquisition officer (SLAO) on September 23, 1986.
The case involved two land acquisition references (LARs) filed by the trust under Section 18 of the Land Acquisition Act, 1894, seeking revision of the compensation.
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