The project affected persons (PAPs) of the Navi Mumbai airport on November 11 have accepted the the Maharashtra government offered compensation for the loss of their land. The clearance for the proposed Navi Mumbai airport will also bring land worth over Rs 10,000 crore into the real-estate market for development.
Tag: project affected persons
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Clearance to Navi Mumbai airport, boost to property market
As the project affected persons/farmers agreeing for the State governmentĂâs offer of compensation for their land loss to the Navi Mumbai international airport, real estate market in Navi Mumbai will surely get a boost, say builders and land developers.
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Maha govt urges Centre to compensate JNPT PAPs
Maharashtra government has urged the Union Shipping Ministry to speed up the compensation dispersal under the 12.5 per cent developed land scheme to the project affected persons (PAPs) in Jawaharlal Nehru Port Trust (JNPT) area.
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Navi Mumbai airport project
Cost over-run owing to the delay in project implementation may make the proposed international airport project at Navi Mumbai unviable, City and Industrial Development Corporation (Cidco) feels.