CIDCO has agreed to allot 22.5 percent of developed plots towards compensation to those whose land has been acquired for the project.
City and Industry Development Corporation (CIDCO) today said the Bombay High Court's quashing of a petition by a few Navi Mumbai airport project affected people against the rehabilitation package, would pave the way for acquisition of 671 hectares of land.
"The petition was quashed today. This paves way for us to complete the acquisition process of remaining land required for the project as well speedy execution," CIDCO said in a statement.
Altogether 1,600 hectares of land would be needed for the airport, out of which 671 hectares is yet to be acquired.
CIDCO has agreed to allot 22.5 per cent of developed plots towards compensation to those, whose land has been acquired for the project.
Earlier, project affected people (PAPs) from these villages had opposed land acquisition and refused to accept the state government's compensation package. However, after several months of hectic negotiations, they accepted the Maharashtra government's offer of 22.5 per cent of developed land, for every hectare of land acquired.
They would also be provided one floor space index (FSI) for 12.5 per cent of developed land and 2.5 FSI for another 10 per cent.
CIDCO said it had told the court that those who had opposed its package, could be offered a package under the Centre's Land Acquisition Act.
It has also extended the deadline for submission of the letter of consent to avail of the state government's package by October 6, to the deputy collector.
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