Mumbai: The state cabinet on Sunday finally put its seal on the record compensation package that it will offer to villagers to acquire their land for the development of the Navi Mumbai international airport. TOI had first reported the offer on August 13 last year.
Calling it "a much better offer than what the residents could get under the new central law on land acquisition", the state said the villagers would get back a plot measuring 22.5% of their original land, fully developed and in a non-Coastal Regulation Zone (CRZ), right next to the airport; they will also get an extra floor space index (FSI) of 2. The worth of the returned land—the original plots are in CRZ—will translate into Rs 16 crore per hectare. With this offer, which includes several other perks, the state expects to win over the six villages, which have been holding back their land as they were unhappy with the compensation earlier offered to them.
24/02/14 Times of India
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Calling it "a much better offer than what the residents could get under the new central law on land acquisition", the state said the villagers would get back a plot measuring 22.5% of their original land, fully developed and in a non-Coastal Regulation Zone (CRZ), right next to the airport; they will also get an extra floor space index (FSI) of 2. The worth of the returned land—the original plots are in CRZ—will translate into Rs 16 crore per hectare. With this offer, which includes several other perks, the state expects to win over the six villages, which have been holding back their land as they were unhappy with the compensation earlier offered to them.
24/02/14 Times of India
