Thursday, December 29, 2011

District officials want early move on Mihan land acquisition

Nagpur: Nagpur district administration has told state government to hurry up the land acquisition deal with Bhamti and Jaitala residents or else the cost of acquisition will shoot up further. The residents have been offered a fabulous Rs 1.5 crore per hectare and several have shown inclination to accept it.
The acquisition at current rates is also a strain on state's finances and offering a jacked up rate may make it unviable. Funds for acquisition will be a part of the supplementary demands as there is no budgetary provision.
The district administration is conducting negotiations on behalf of Maharashtra Airport Development Corporation (MADC), which wants the last patch 146 hectares to build the second runway for Mihan. The offer of Rs 1.5 crore a hectare will require Rs 260 crore after including the compensation to be doled out for other assets likes homes and trees on the land.
29/12/11 Shishir Arya/Times of India
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