Senior officials from Cidco (City and Industrial Development Corporation) are calling it a major breakthrough as the project affected parties (PAPs) are not demanding additional land as compensation. Five of the total 18 villages whose land was to be acquired for the new airport were demanding 35% of developed land along with a cash component while the Maharashtra government is offering 22.5% of developed land as compensation.
"They have raised some issues which are minor. They have no issue on the 22.5% developed land part, which is important," V Radha, joint managing director, Cidco told Fe.
Sanjay Bhatia, vice-chairman and managing director, Radha and other officials from Cidco, had met the Pargaon gram panchayat representing three villages Pargaon, Dungi and Kolhi on Tuesday to explain the compensation package being offered to them by the government.
Two of the office bearers in the Pargaon panchayat said that they kept few conditions before Cidco, which need to be fulfilled before they agree on the compensation package being offered.