The State Government is insisting residents who stand to lose their homes to the first stage of the $8 billion East West Link in Melbourne's inner north will not be disadvantaged.

The Government has unveiled its detailed plans for the first stage of the project, revealing 118 properties, including 92 homes and 26 businesses will be bulldozed.

The Premier Denis Napthine says compensation will be assessed at pre-tunnel market value.

"We will not disadvantage those people in terms of their full entitlements for a market valuation, full entitlements for appropriate relocation compensation and expenses."

Owners of another 258 projects around Hoddle Street and Alexander Parade located above the proposed tunnel route will also be eligible for some compensation.

"As far as I'm concerned as Premier, as far as the Minister for Roads is concerned, we will be fair and compassionate in dealing with people who are affected by this," Premier Napthine said.

"We want to make sure that they (the community) are happy with the outcome."

The first detailed plans for the toll road confirm it will stretch from the Eastern Freeway in Clifton Hill, and tunnel through Melbourne Cemetery, Princess Park and Royal Park.

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Listen Duration: 4 minutes 4 m Homes to be demolished to make way for East West Tunnel ( Rachel Carbonell ) Download 1.8 MB

There will be exits at Elliot Avenue and CityLink in Parkville.

To build it, some park land will become a construction site, including Ross Straw Field.

"We recognise that this is a very sensitive process and we have made every effort to contact residents," said Roads Minister Terry Mulder.

He says more property owners would have been affected, had the Government gone down the path to build above land.

"The majority of the project is in-tunnel, it has ensured that we've had a limited amount of affect as is possible, with property owners."

'Dignity and respect for community lacking': Labor

Labor's Tim Pallas says the Government has failed to properly consult with residents who look likely to lose their homes.

He says the community has a right to be angry.

"Today I think we've seen how the Government should not go about dealing with the acquisition of property for projects," he said.

"Today I think we've seen this community treated in a tawdry fashion while this Government only continues to provide dotted lines on a map.

"If you want a clear illustration of how insensitive, how unfairly, how uncaring this Government is, it starts here today."

He says there is still no indication how much the road will cost, nor what tolls are likely to be paid.

Mr Pallas says the Government has not been frank with the community.

"They started a consultation process yesterday, that ended today with people being told that their properties are being acquired," he said.

Asked whether he would support any possible class-action against forcible acquisitions, Mr Pallas said people need to have a clear appreciation of what their rights are.

"Governments do need to intervene and provide community infrastructure in an appropriate way, so I don't want to be in a position of creating a false hope in relation to how the law operates," he said.

Mr Pallas would not say whether he would support any community plans to launch a class-action against any forcible acquisition.