Government Compensation For Land Acquisition 2024 Maharashtra. The government anticipates that fixing the premium at 5% will facilitate productive land use and encourage more landowners to come forward for regularisation, said a senior. The compensation payable for land acquisition for the third phase for noida international airport, jewar has been increased from rs 3,100 per square meter to rs 4,300.

“ urgency clause to become operative (i) payment of 80% of the estimated compensation of the said land has to be paid to the persons interested in the said land; Currently, the land compensation cost disbursed is four times the ready reckoner (rr) rate for rural areas.