Purandar Airport land acquisition decision imminent
AVIATION & AIRPORTS

Purandar Airport land acquisition decision imminent

The state government and the Union Ministry of Civil Aviation are set to finalize a land acquisition plan for the Purandar airport within the next eight days, according to Industries Minister Uday Samant. He announced that he, along with Civil Aviation Minister Ram Mohan Naidu and Minister of State Murlidhar Mohol, will review three models in the coming days. Once a model is chosen, MIDC will commence land acquisition.

Samant outlined three options for land acquisition:

MIDC acquires land, transfers it to industrialists who pay the government, which then compensates landowners. The government purchases the land directly, later recouping costs from industrialists. MIDC acquires land and directly provides it to industrialists. The project will require around 3,000 acres across seven villages in Purandar. In June, the DGCA approved the airport. Additionally, Samant mentioned that Chief Minister Eknath Shinde has directed him to address compliance issues with Mercedes Benz India after a notice from the MPCB. He confirmed that all necessary compliance measures have been completed. The land near Chakan for the Vedanta-Foxconn project has also been allocated by MIDC for logistics facilities.

The state government and the Union Ministry of Civil Aviation are set to finalize a land acquisition plan for the Purandar airport within the next eight days, according to Industries Minister Uday Samant. He announced that he, along with Civil Aviation Minister Ram Mohan Naidu and Minister of State Murlidhar Mohol, will review three models in the coming days. Once a model is chosen, MIDC will commence land acquisition. Samant outlined three options for land acquisition: MIDC acquires land, transfers it to industrialists who pay the government, which then compensates landowners. The government purchases the land directly, later recouping costs from industrialists. MIDC acquires land and directly provides it to industrialists. The project will require around 3,000 acres across seven villages in Purandar. In June, the DGCA approved the airport. Additionally, Samant mentioned that Chief Minister Eknath Shinde has directed him to address compliance issues with Mercedes Benz India after a notice from the MPCB. He confirmed that all necessary compliance measures have been completed. The land near Chakan for the Vedanta-Foxconn project has also been allocated by MIDC for logistics facilities.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement