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Nano triples agriculture land prices in Gujarat
Prices have been quoted at Rs25 lakh per bigha at Sanand; 18 months back they were Rs8 lakh per bigha
Updated : May 31, 2010, 12:04 PM IST
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The farmers of around seven villages in the surrounding area of Tata Motor's Nano plant in Chharodi are not happy with the state government's decision to acquire agriculture land for industry.
Though the farmers are not ready to give away their land, the prices quoted by the state government is almost tripled compared to prices of land before one and a half years.
According to sources, before Tata Motor zeroed on Chharodi for its Nano Plant the prices of agriculture land were quoted around Rs3-4 lakh per bigha. The prices in this area reached to around Rs8-10 lakh, depending upon location, with announcement of Tata's dream project coming into Gujarat. However, the prices of agriculture land has sky rocketed to reach around Rs25 lakh per bigha now.
All started with the state government's decision to acquire land at Rs1,100 per square meter for building approach road for Nano
Plant, said sources. The farmers are not ready to give away their land as they depend on farming for their livelihood. However, they are expecting handsome return even if the government acquires land for GIDC.
It should be noted that the state government plans to acquire around 2,200 hectares land for development of GIDC in villages of Sanand taluka such as Hirapur, Gokalpara, Charal, Siyalpur, Maniyali and Kuwar.
People are expecting the government to quote around Rs24 lakh per bigha, so they will not be willing to quote price below that in case any private party offers to buy land in near by villages also, said sources.
Jesingbhai Patel, resident of Kuwar village, said that the prices of agriculture land have increased like anything after Nano Plant coming to Chharodi. As the government wants to acquire land for GIDC in seven villages, no one is coming forward for buying land in these villages nor the farmers are willing to sell the land. However, the prices have increased many folds in other villages falling of Sanand-Viramgam road also.
He also said that investors are eying land on Sanand-Nalsarovar road as it offers higher return on investment. Many realtors are eying land for week-end homes in this area.
