Land swap proposal between AAI and MMRDA approved

The land transaction will enable MMRDA to complete the metro rail project in Mumbai

GN Bureau | August 23, 2017


#PSU   #AAI   #MMRDA   #cabinet   #Maharashtra government   #Mumbai   #metro   #Dahisar   #Gorai  

 The government on Wednesday gave its approval for transfer of 40 acres of Airports Authority of India’s (AAI) land at Dahisar to Mumbai Metropolitan Region Development Authority (MMRDA) for its metro shed, swapping with 40 acres of Maharashtra government land at Gorai in Mumbai.  

 
The land transaction will enable MMRDA to complete the metro rail project in Mumbai.
 
While considering the proposal, the cabinet approved a number of modalities that include; MMRDA has to pay the difference in cost of land of 40 acres, as per the stamp duty ready reckoner rate based on 2016-17 or as per the ready reckoner rate at the time of final handing over of land, whichever is higher.
 
Besides, MMRDA will hand over the 40 acres of land at Gorai after leveling, grading and demarcating the boundary in all respects. It will also hand over all of the land documents, revenue maps of Gorai land duly mutated in the Records of Rights in the name of AAI.
 
MMRDA will identify 40 acres of land retaining 24 acres of land for AAI, with clear access/approach from the nearby city road.
 
AAl will also handover at least 2,000 sq mt of land at Dahisar in advance on temporary basis.
 

Comments

 

Other News

Leadership skills you should hone/develop to grow in life

American author, speaker, and pastor John Calvin Maxwell once said, “A leader is one who knows the way, goes the way and shows the way. Leadership is a skill that some naturally possess, while some hone it over the course of their lives. When we think of leadership, our minds automatically drift to the s

India’s overall exports cross all-time high of $750 billion

India’s overall exports, including services and merchandise, have crossed US$750 billion, minister of commerce and industry Piyush Goyal has announced. This is an all-time high and this achievement comes in the 75th year of independence as we celebrate the Azadi Ka Amrit Mahotsav. Addr

Climate actions being implemented to deal with impact of heat waves

India’s climate actions cut across various sectors and are being implemented through various programs and schemes of different union ministries, departments and state/ union territory governments.  The government of India through concerned ministries and departments organises workshops, exhibiti

Banks must hear borrowers before declaring their accounts as frauds: SC

In a judgment with far-reaching implications, the Supreme Court has held that the civil consequences of an account being declared as fraud under the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions, 2016 or its Master Directions on Fraud amount to ci

India’s forest cover increases by 5,516 sq km in four years

The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a

Steps taken to meet higher power demand of April-May

While the average growth of energy requirement in the country for 2023-24 viz-a-viz 2022-23 has been estimated as 4.9%, the months of April and May have been projected as high demand period. During the current year, the peak demand is expected to be around 229 GW during the summer period. The government ha

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter