Published On: Tue, Oct 22nd, 2013

Naina Land issue to be sorted out soon: CIDCO

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By Accommodation Times News Service

The City & Industrial Development Corporation (CIDCO) is hopefully keeping its finger crossed for the land acquisition problem to be sorted out by this month or coming month. The Joint MD, V Radha addressing the media said, on the various aspects of the upcoming infra projects in Navi Mumbai Airport Influence Notified Area (NAINA). The top priority of cidco right now is the finalizing the land for airport.

According to Cidco offer of 22.5% compensation of the developed land was better than the provision of 12.5% developed land offered in the new land acquisition legislation. Besides the development body is also looking at the comprehensive rehabilitation of PAP apart from giving them land in the upcoming Pushpak Nagar which is close to the airport site.

Cidco is also contemplating more such tie-ups with companies in the telecommunication sector for providing value-added training in the future and also ensuring that most of the big contracts for the airport project were given to the locals. Cidco is planning to develop the 600 sq km NAINA township on a participatory model with the people who own the land. The state government was contemplating on acquiring the land only for major infra projects. The actual development would be done with the participation of the people.

There have already been several rounds of talks with Cidco officials and the Prithivraj Chavan-led Congress-NCP coalition government has been pushing for an early solution.

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