Wednesday, April 18, 2012

MIAL owes govt Rs 1,120 crore: CAG report

Mumbai The state government failed to recover Rs 1,120 crore from Mumbai International Airport Limited (MIAL) towards the rehabilitation of slumdwellers and extended undue benefit to Housing Development and Infrastructure Limited (HDIL) through excess TDR amounting to Rs 187.17 crore, according to the Comptroller and Auditor General report tabled in the state legislature on Tuesday.
The report has come down heavily on the rehabilitation of slumdwellers along the international airport in Mumbai.
The Airport Authority of India (AAI) in April 2006 granted exclusive rights on 276.46 acres of airport land, encroached upon by slums and hindering the development of the airport, to MIAL. In March 2007, Urban Development Department by an amendment to the DCR allowed inclusion of rehabilitation of airport slums by the Slum Rehabilitation Authority (SRA). MIAL awarded the work of slum rehabilitation to HDIL for completion in two phases.
The developer was required to complete the rehabilitation on alternative land and evict slumdwellers from airport plot measuring 157.93 acres in the first phase and 118.53 acres in the second phase. Accordingly, seven projects involving 28,000 tenements were proposed in the first phase.
18/04/12 Express India
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment