India, Oct. 21 -- Mysuru, Oct. 21 (BLU&BCT)- The State Government's ambitious plan to develop an industrial area over 404.10 acres at Kochanahalli village in Mysuru taluk has hit a major roadblock, as farmers and land-owners have demanded Rs. 4 crore per acre in compensation while Karnataka Industrial Areas Development Board (KIADB) has offered only Rs. 1.15 crore per acre.The sharp difference in valuation has led to a deadlock, with farmers rejecting the Government's offer outright. A mediation meeting convened yesterday by MLC Dr. Yathindra Siddaramaiah at Jaladarshini Guest House ended inconclusively.Kochanahalli, located near Kadakola, falls under the Varuna Assembly Constituency represented by Chief Minister Siddaramaiah. Following t...