Wednesday, February 28, 2018

Incentive for vacating homes at Navi Mumbai airport site

City and Industrial Development Corporation of Maharashtra (CIDCO) has offered villagers an additional ₹500 per square feet for vacating their homes on the airport site as soon as possible. CIDCO officials said villagers with houses covering a minimum of 1,000 square feet would stand to earn a maximum of ₹5 lakh as per the incentive scheme.

CIDCO has to hand over the site to airport developer GVK in June and has introduced the scheme with the aim of getting the land vacated at the earliest. As of now, the rate promised to villagers is ₹1,000 per square feet for vacating their houses. The CIDCO has now promised to pay an additional ₹500 per square feet to those vacating their homes by March 31, ₹300 to those who leave in April, and ₹100 in May. The scheme won’t be valid after May.

A CIDCO official said, “The villagers are expected not only to vacate their homes but also to get them demolished. To claim the incentive, the villagers have to approach us after razing their houses. We will then conduct a survey and hand over the money after verification. No incentive over and above the ₹1,000 per square feet will be given after May.”
28/02/18 Raina Assainar/The Hindu
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment