Mumbai: The proposed Navi Mumbai international airport inched one more step closer to realty as the nodal agency for its development crossed yet another hurdle. The Maharastra government has given the City and Industrial Develoment Corporation (Cidco) an “in principle” approval to hand over 150 hectares of land for the ambitious project.
The government is expected to soon complete the pertinent formalities. Only recently had deputy chief minister Ajit Pawar met CM Prithviraj Chavan in order to expedite the handing over of the land, whose market value is of the order of Rs 500 crore.
The administration’s move is crucial, especially when 1,341 hectares of the total 2,054-hectare land is in Cidco’s possession. However, the Cidco was striving to acquire the balance 713 hectare. With the government’s move to hand over 150 hectare, the Cidco would still have to acquire 563 hectare of land for which the notices have been served under the Land Acquisition Act, 1894 to the residents of Pargaon and Owale. These villagers have been strongly demanding a compensation of Rs 20 crore per acre.
Cidco chairman Pamod Hindurao says the deputy CM has taken an initiative in this regard and the government is son expect to issue a formal order handing over its 150 hectare land for the airport project.
21/11/11 Sanjay Jog/Business Standard
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