Cidco offers land for NMIA project-affected villagers

The City & Industrial Development Corporation (Cidco), which is developing Navi Mumbai international airport, has proposed the handing over of 2.5 per cent of developed land instead of a monetary compensation to the project-affected people from 10 villages. Of the total 2,020 hectare required for the airport project, nearly 1,400 was in Cidco’s possession, while the state government has agreed to hand over its 150 hectare for the project.The first phase of the project is likely to be commissioned in 2015 with an investment of Rs 9,150 crore.Contact: The City & Industrial Development Corporation.Tel: 022-2202 2420.Website: www.cidcoindia.com