📷 Image: Wikimedia Commons / Diljith M
Business
Madhya Pradesh Demands Rs 280 crore for Transfer of 550-acre BeenaChi Estate in Kerala
✍️ Amar Ujala · Bhopal
🗓 14 Nov 2026, 04:45 PM
👁 24
The Madhya Pradesh government has set a price of Rs 280 crore for the handover of the 550-acre BeenaChi Estate at Vaynad, Kerala, after a private agency’s valuation, affecting around 160 resident families.
Madhya Pradesh officials have announced a demand of Rs 280 crore for the transfer of the BeenaChi Estate, a 550-acre tract located in Vaynad, Kerala. The amount was determined following an assessment by a private valuation agency hired by the state government.
The estate is home to roughly 160 families who reside on the land, raising concerns about the impact of the proposed financial terms on the local community. Authorities have not disclosed the timeline for finalizing the transfer, but the valuation figure is now the benchmark for negotiations.
The move reflects the Madhya Pradesh government's effort to secure a substantial sum from the land transaction, which could be used for state development projects. Further details are awaited from both state officials and representatives of the resident families.
The estate is home to roughly 160 families who reside on the land, raising concerns about the impact of the proposed financial terms on the local community. Authorities have not disclosed the timeline for finalizing the transfer, but the valuation figure is now the benchmark for negotiations.
The move reflects the Madhya Pradesh government's effort to secure a substantial sum from the land transaction, which could be used for state development projects. Further details are awaited from both state officials and representatives of the resident families.