Sunday, November 03, 2013

CIDCO steps up efforts for Navi Mumbai airport project

Mumbai: Although the Bombay High Court has allowed it to cut mangroves spread over 108 hectares, the state-run City and Industrial Development Corporation (CIDCO) has yet to cross a major hurdle of acquisition of 291 hectares of private land and the agreement with project-affected persons (PAPs) over compensation. This is crucial to start the work on the Navi Mumbai international airport.
The CIDCO and the Maharashtra government have stepped up efforts to arrive at a consensus over compensation for PAPs, before a meeting called by the prime minister on November 13 to expedite the work. PAPs, who have dropped their earlier demand of Rs 20 crore per acre, are demanding allocation of 35% developed land against the offer of 22.5% made by the state government and CIDCO.
The state government has already clarified that land-for-land compensation formula would be implemented instead of cash-for-land formula.
Early October, CIDCO, which is the nodal agency for the airport project,  has launched social and commercial survey of Chinchpada village which is one of the 10 affected villages.
02/11/13 Sanjay Jog/Business Standard
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