Twitter
Advertisement

Navi Mumbai airport: Cidco waits for consent of two villages

Latest News
article-main
FacebookTwitterWhatsappLinkedin

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.

“We have started the measurement of the area together with the villagers who have agreed to part with their land. This will help us to compensate them  properly and at an early date,” said Sanjay Bhatia, MD, Cidco.

Bhatia also 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 Rs1,000 per sq ft as construction cost, besides job guarantees for their children.

“The investors or bidders should be confident that their investment will not go waste or get held up midway on account of some minor approvals. Once the approvals are clear, more bidders will participate,” Bhatia said. 

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. “We are certain that they will reach an understanding within a week,” the official said, requesting anonymity.

The airport project, estimated to cost Rs15,000 crore, is to be taken up in four phases. The first phase is to be completed by December 2017.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement