I do not look like this guy, it is just for illustration & page thumbnail |
Over two decades ago, my parents and some family
friends bought land on the outskirts of the city. The land remained untouched
for years until a few years ago when numerous property developers showed
interest in buying the land. We were curious as to why so many parties were
interested in buying at the same time, but eventually, nothing happened.
After a few months, the government announced one of
the biggest construction projects in the state, and we realized why so many
parties had expressed interest in buying our land. Due to our financial
obligations and my unfinished engineering degree, we wanted to sell the land,
but none of the parties who had approached us initially came forward to buy the
land at the last minute.
When the government released the initial plan for
the project, we discovered that our land would fall under the project, and the
market value of the land was lost. We were disappointed, but we had no other
choice but to accept the compensation rate that would be given by the
government.
Later, we heard that the government had changed the
plan, and some lands that were initially part of the project were no longer
included. We made inquiries and found that our land was still part of the
project area.