Deal #595

Location #1

Spatial accuracy level
Exact location
Location
Sriperumbudur, Tamil Nadu, Indien

Latitude
12.967461
Longitude
79.941824
Target country
India
Comment on location
Tamil Nadu, Bairamangalam

Land area

Size under contract (leased or purchased area, in ha)
742
851
Comment on land area
231 ha are SEZs

Intention of investment

Intention of the investment
Industry
Comment on intention of investment
Hi-Tech SEZs

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Purchase price

Comment on purchase price
most of the land owners were "being offered a meager compensation running from Rs 120-Rs 250 per sq ft, depending upon the proximity from the main road and nature of approvals" (http://indiaconstructionupdate.blogspot.de/2013/09/sriperumbudur-landowners-condemn-meager.html )

Operating company

Operating company

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2012-10-01

Data source #4

Data source type
Other (Please specify in comment field)
File
Comment on data source
economic information

Data source #5

Data source type
Media report
File
Date
2013-04-20

Data source #6

Data source type
Media report
File
Date
2013-09-12

Data source #7

Data source type
Company sources
File
Comment on data source
Access Date: 17:12:2015

Consultation of local community

Community consultation
Limited consultation

How did the community react?

Community reaction
Mixed reaction
Comment on community reaction
people said that they in principle agreed with the project, but in a hearing they demanded fair compensation - obviously, the issue of compensation was not determined at the outset

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
people complained about too few compensation that was offered to them

Promised benefits for local communities

Promised benefits for local communities
Productive infrastructure (e.g. irrigation, tractors, machinery...)

Former land owner (not by constitution)

Former land owner
Private (smallholders)

Water extraction envisaged

Water extraction envisaged
Yes

Source of water extraction

Comment on source of water extraction
water treatment plant shall be established

How much water is extracted?

Water extraction amount
13816710
Comment on how much water is extracted
10 million gallons, i.e. 37854 m3 per day

Dec. 17, 2015, 5:37 p.m.

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July 4, 2014, 2:47 p.m.

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May 13, 2013, 12:23 a.m.

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Feb. 15, 2013, 5 p.m.

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