CIDCO moves Supreme Court against Rs 1,200 cr compensation order for land parcel
Let's take a detailed look at why this project is yet to take off.
GVK Group that runs the swanky MIAL (Mumbai international airport) pipped rival GMR Group to bag the contract for the proposed facility in Navi Mumbai which will ease the severe congestion at the Chhatrapati Shivaji International Airport.
It is clear from the records that the land is in possession of CIDCO for several years.
Officials of the state urban development ministry confirmed the development to Business Standard on Monday after a meeting between Chavan, City and Industrial Development Corporation Vice-Chairman and Managing Director Sanjay Bhatia and other government officials.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
Notwithstanding opposition from some villages to the Rs 14,500-crore (Rs 145 billion) Navi Mumbai airport, the implementing body, Cidco, has decided to go ahead with the project and would issue 'request for qualifications' on February 5.
It took 13 years to get environmental clearance for the greenfield international airport at Navi Mumbai.
The state-run City & Industrial Development Corporation (Cidco), nodal agency for the proposed Navi Mumbai international airport, has asked the New Delhi-based National Institute of Disaster Management (NIDM) to prepare a risk assessment and disaster management plan for the project.
Modi stressed the need to enhance aviation infrastructure capacity to meet the rising demand for air travel.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
An environment impact assessment study by the Indian Institute of Technology, Mumbai, for the proposed Navi Mumbai international airport, has categorically said there should not be any compromise on retaining the geomorphology of rivers, the aquatic life and mangroves in the airport zone.
The new greenfield airport at Navi Mumbai will come up at the proposed site and not be shifted elsewhere. Maharashtra Chief Minister Vilasrao Deshmukh has also written to the Civil Aviation Ministry for building the airport at the originally proposed site. There had been demands to shift the proposed Navi Mumbai airport to a new site due to environmental issues. The regulator would look into aspects like aeronautical charges, user development fee and passenger fee.
Officials from the City and Industrial Development Corporation (Cidco) on Thursday expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.
Will be operational by the time Mumbai airport reaches its saturation capacity of 40 million.
Actual construction on the Navi Mumbai international airport, which received the much-awaited environment clearances early this week, would begin in October next year as certain formalities remained to be done, said the City and Industrial Development Corporation (Cidco), a nodal agency for the project.
People affected by the Navi Mumbai international airport insist they be allotted developed land as compensation, not cash as the land acquisition Bill, recently cleared by Parliament
The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.
This is the second extension for the bids since June 18.
EAC told Cidco during a meeting that it would visit the site in the third week of October before finalising its report. Cidco had clarified its stand on 61 points relating to the proposed airport and reiterated that there was no alternative site.
Maharashtra Chief Minister Devendra Fadnavis criticized Uddhav and Raj Thackeray, stating the Mumbai civic body election is a fight for their political survival. He also defended development projects and economic growth under the current government.
The Maharastra government has given the City and Industrial Develoment Corporation (Cidco) an "in principle" approval to hand over 150 hectares of land for the ambitious project.
If implemented in India, the service will allow passengers book security screening slots in advance, helping cut down wait times in long queues.
Even as German airport developer Fraport AG is shutting its operations in India, deciding to sell its small stake in the Delhi airport, its competitor in Europe, Zurich Airport, is bullish on Asia's third-largest economy. The company is eying investments in the greenfield international airport projects at Navi Mumbai and Goa.
The Maharashtra cabinet has approved a land acquisition and allotment policy for development projects in the 'Third Mumbai' area near the Mumbai Trans Harbour Link (Atal Setu), along with other key infrastructure and development initiatives across the state.
State-run City and Industrial Development Corporation (Cidco) plans to issue a request for qualification (RFQ) for the Navi Mumbai international airport in the middle of next month.
Eight years ago, 16-year-old Jemimah Rodrigues stood at the Mumbai airport gates, clutching a handmade sign and grinning under a cap bearing the thumbs-up symbol.
South Africa's senior batter David Miller on Saturday received medical clearance to join the national squad for the T20 World Cup which begins on February 7.
The project cost was pegged at Rs 4,766 crore (Rs 47.66 billion).
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
The CIDCO and the Maharashtra government have stepped up efforts to arrive at a consensus over compensation for PAPs, before a meeting called by the prime minister on November 13 to expedite the work. PAPs, who have dropped their earlier demand of Rs 20 crore (Rs 200 million) per acre, are demanding allocation of 35 per cent developed land against the offer of 22.5 per cent made by the state government and CIDCO.
Despite several rounds of negotiations with villagers, CIDCO is yet to acquire 271 hectares required for the core airport area in Navi Mumbai.
G V Krishna Reddy, Chairman, talks to Business Standard about his plans.
The mobile app enables commuters to book a single QR-based digital ticket usable across Metro, Monorail, buses and local trains in the city and surrounding regions.
The Rs 4,675-crore Navi Mumbai airport project, which is being developed by CIDCO, may be delayed by a few months in the wake of serious objections being raised by the environment ministry. The project that has Cabinet clearance and approval from the International Civil Aviation Organisation will now be taken to Prime Minister Manmohan Singh for final clearance since the environment ministry has raised issues relating to the site.
Cidco gave a presentation on the subject to the EAC members.
With 7.64 million seats, the Mumbai-Delhi route in 2025 was the eighth busiest route in the world.
Maharashtra government on Monday offered to provide 22.5 per cent of the developed land to those whose lands would be acquired for the Navi Mumbai International Airport project.
The rail link is considered necessary as it will help decongest the growing traffic once the proposed airport comes up in Navi Mumbai.
The victorious Indian women's cricket team led by Harmanpreet Kaur touched down in the national capital on Tuesday evening for its meeting with Prime Minister Narendra Modi on Wednesday.
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