The total project cost has been pegged at Rs 14,500 crore.
Cidco has asked the Maharashtra government to withdraw its August 2008 decision to allot 100 hectares for just Rs 300 crore to Videocon.
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.
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.
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
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