Work out land acquisition cost instantly with clear inputs, formula shown and shareable results.
Compulsory acquisition cost is far above market value. A solatium, commonly one hundred percent of the assessed value, compensates for the involuntary nature of the transaction, and registration, stamp duty and legal costs are added on top. The effective cost can therefore be more than double the open market rate.
Acquisition cost
Total = area x rate x (1 + solatium) x (1 + registration and legal percentage)
Preliminary estimate only. Land acquisition compensation is governed by statute and varies substantially by jurisdiction; obtain legal advice.
Total = area x rate x (1 + solatium) x (1 + registration and legal percentage). Compulsory acquisition cost is far above market value.
Because the owner did not choose to sell. It compensates for the compulsory nature of the taking and for consequential losses that a market valuation does not capture.
This calculator takes 4 inputs: Area to be acquired, Market rate, Solatium, Registration and legal costs. The pre-filled defaults are a realistic worked example — replace them with your own site or project figures.