According to the sources, an investors meet will be held in Chamarajnagar after three months. The plan is to attract an investment of Rs 12,000 crores.
As far as i know the government is purchasing the land from farmers through the KIADB at market rate. The government had given its 300 acres of land for the project.
The government has completed acquisition process for 900 acres of 1600 acres which is allotted for the proposed industrial park in Chamarajnagar and the remaining land will be acquired by the end of the year.