Wednesday 13 June 2018

€25k for a square metre of garden: Homeowners to receive compensation in new bus network plan

HOMEOWNERS forced to sacrifice part of their gardens for Dublin’s new rapid bus network are in line for generous compensation payments running into tens of thousands of euro. Government sources suggest that compensation of up to €25,000 per square metre will be paid for land taken from as many as 1,300 property owners. While the aim is to keep the impact on individual dwellings to a minimum, some owners could be in line for payouts well in excess of €100,000 if large parts of their property are taken for the €1.5bn Bus Connects project. Sources said it was hoped the substantial compensation package for lands acquired under compulsory purchase orders would help prevent any lengthy legal battles which could delay the project.

Read the full article @ Irish Independent

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