CSIA land swapping gets prime ministerial nod

The Union Cabinet, chaired by prime minister Narendra Modi on Wednesday announced its approval for swapping of Airports Authority of India's (AAI) land out of the total land handed over Mumbai International Airport Pvt. Ltd. (MIAL) for airport development measuring 2,960.90 sq meter. with equivalent land of Municipal Corporation of Greater Mumbai (MCGM) for relocation of cemetery.

"Swapping of the land with MCGM will enable M/s MIAL to complete the development work of CSIA. Further, shifting of the cemetery to new location will result in its operationalisation. Since, both the AAI land and the private land proposed to be swapped are of the same size and are adjacent to each other, the circle rate of the land is same, there is no financial implication on the government. However, the cost on account of mutation of the alternate land after swapping shall be borne by MIAL," a statement from Central government said.