Monday, July 2, 2012

Land Acquisition for Development Projects

The first phase of Navi Mumbai International Airport Project, is scheduled to be commissioned by 2015. However, CIDCO must acquire 450 hectares of private land covering 10 villages. CIDCO has offered to give 22.5% of developed land to the affected villagers in return for the acquisition of needed land. The villagers are in favor of the idea, and are negotiating the final details.

Of the 22.5% land, the villagers will be entitled to get 12.5% developed land as per the decision taken by the Sharad Pawar led government in 1990 for all project affected persons in Navi Mumbai.”



Reference: Jog, Sanjay, Navi Mumbai airport: Cidco offers land instead of money to villagers, Business-Standard, May 10, 2012
 
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