Monday, 15 October 2012

Land owners want compensation before they part with their land

Land acquisition has always been a major hurdle in the development of any project, be it of seaport or airport and one can understand the stand of the private land owners. The construction of the proposed Navi Mumbai International Airport is yet to reach the first base of execution since the acquisition of required land is yet to be completed. The Government has not decided upon the package of compensation to the project-affected-people. Chief Minister Mr. Prithviraj Chavan has assured the City and Industrial Development Corporation (Cidco), responsible for planning and development of the airport, that he would expedite the issue for a final decision soon. Mr. Tanaji Satre , Cidco’s Managing Director , said that acquiring of the yet-to-be acquired  291 hectares of private land must be done as early as possible. Cidco plans to invest INR 10,000 crore in the project. He pointed out: “In addition to the 12.5 % of the developed land, people want more as compensation”.  After completion of the acquisition of the land, Cidco must issue Request For Quotation (RFQ) to invite quotations from the prospective builders. Mr. Satre said: “We cannot issue RFQ without acquiring all the private land. We have completed all other requisite formalities required at this stage.” Of the 2072 hectares of land required for the airport, Mr.Satre said that Cidco is in possession of 1575 hectares of land as on Friday. The process of acquiring land started as early as September 2011.





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