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.
The PAPs are pressing for the allotment of 35 to 40 per cent of the developed land, while the state government has shown its willingness to provide 22.5 per cent of developed land.
At the detailed presentation made at the meeting, about 30 issues, including the allotment of developed land to PAPs came up for discussion.
“About 450 hectares of private land is yet to be acquired for the Navi Mumbai airport project.
"A series of talks were held between Cidco and the PAPs.
"The market value of the 22.5 per cent developed land will be worth Rs 18 crore (Rs 180 million) per hectare, against the present value of Rs 15 lakh per hectare. The PAPs are certainly going to benefit.
"Besides, Cidco will develop a world class city for the PAPs adjacent to the airport,” a senior government official, who was present during on Monday's presentation, told Business Standard.
The official admitted that the PAPs had already dropped their earlier demand for the land compensation of Rs 20 crore (Rs 200 million) per acre, but were insisting on the allotment of 35-40
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