2.1.14

NaMu Airport update

The City and Industrial Development Corporation (Cidco) is hoping to get the consent of two remaining villages within a week and secure some other necessary approvals before initiating the bidding for the construction of the Navi Mumbai International Airport.
The state last month received the consent of villagers in eight clusters, whose lands are to be acquired for the airport project at Panvel. But two other villages had apparently sought some time to decide on the package offered by the government as they were in the process of elections for the gram panchayat.
Sanjay Bhatia, MD, Cidco informed that Cidco had received the approval of the steering committee of the Union civil aviation ministry to float the global tender for the project, but it had decided not to start the process until it gets the consent from the two villages, Pargaon and Hol. He said negotiations have been positive.
According to the package offered by the state government, project-affected people would get developed land to the extent of 22.5% of the area that they surrender. Of this developed land, 12.5% would have an FSI of 1.5 and the rest 10% an FSI of 2.5. They will also get shares in the new company, alternate land three times the size of their current residence along with Rs.1,000 per sq ft as construction cost, besides job guarantees for their children.
A Cidco official said that villagers in the two remaining villages had assured that they were prepared to accept the government offer, but would have to discuss the issues before signing the agreement.
The airport project, estimated to cost Rs.15,000 crore, is to be taken up in four phases. The first phase is to be completed by December 2017.

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