Lahore: The District Price Assessment Committee (DPAC) is nearly done calculating how much land acquisition of private and commercial property for the Orange Line Metro Train project will cost and has asked the Lahore Development Authority to deposit over PKR 13.17 billion with the government treasury under head of \u2018Revenue Deposit 3500\/3501\u2019.<\/p>\n
Reportedly, in accordance with section 4 of the Land Acquisition Act 1894, the acquisition of the land under question is based on the per marla cost assessed in light of the district collector and market rates and the location of the property.<\/p>\n
\u201cPeople whose land is being acquired shouldn\u2019t worry as the government is offering a good compensation package to them as per the market value of their property,\u201d said Lahore Commissioner Abdullah Khan Sumbal.<\/p>\n
However, according to senior officials, those affected can challenge the per marla rates determined by the DPAC by submitting applications with relevant records and evidence to offices of district and additional district collectors of revenue.<\/p>\n
Properties being acquired are situated in various localities and will be used to create access areas to train stations, depot, electric substations and the stabling yard. The land is also being procured for the construction of the underground portion of the project from Jain Mandir to the intersection near the PTCL exchange, a news source stated.<\/p>\n","protected":false},"excerpt":{"rendered":"
Lahore: The District Price Assessment Committee (DPAC) is nearly done calculating how much land acquisition of private and commercial property for the Orange Line Metro Train project will cost and has asked the Lahore Development Authority to deposit over PKR 13.17 billion with the government treasury under head of \u2018Revenue Deposit 3500\/3501\u2019. Reportedly, in accordance with section 4 of the Land Acquisition Act 1894, the acquisition of the land under question is based on the per marla cost assessed in light of the district collector and market rates and the location of the property. \u201cPeople whose land is being acquired shouldn\u2019t worry as the government is offering a good compensation package to them as per the market value of their property,\u201d said Lahore Commissioner Abdullah Khan Sumbal. However, according to senior officials, those affected can challenge the per marla rates determined by the DPAC by submitting applications with relevant records and evidence to offices of district and additional district collectors of revenue. Properties being acquired are situated in various localities and will be used to create access areas to train stations, depot, electric substations and the stabling yard. The land is also being procured for the construction of the underground…<\/p>\n","protected":false},"author":42,"featured_media":16758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[422,1375,1958,1926],"persona":[],"class_list":{"0":"post-16756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-houses","8":"tag-khyber-pakhtunkhwa","9":"tag-land-acquisition","10":"tag-orange-line-metro"},"acf":[],"yoast_head":"\n