India, Feb. 18 -- Land acquisition for the proposed Vadhavan Port project in Palghar has been accelerated with the district collectorate announcing compensation of Rs.62.5 lakh per hectare for agricultural land in most villages in Palghar taluka. The port, a flagship project for the state and central governments, is being developed by the Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB).

"For most villages in Palghar taluka, the rate for agricultural land has been fixed at Rs.62.5 lakh per hectare. For non-agricultural land, village-wise rates ranging from Rs.780 to Rs.2,940 per square metre have been declared,'' according to a statement released by the Palghar district collectorate.

However, in Dahanu taluka,...