Pune international greenfield airport gets a boost! Maharashtra set to fast-track project

By: |
August 27, 2020 10:54 AM

Maharashtra deputy chief minister Ajit Pawar has said that this will be a high priority project and the government is keen on fast-tracking the project despite financial challenges the state is facing because of the ongoing pandemic.

A meeting will be held on Friday with the deputy CM to take a final call regarding the compensation formula for the land acquisition.A meeting will be held on Friday with the deputy CM to take a final call regarding the compensation formula for the land acquisition. (Representative image)

Work on the proposed international greenfield airport in Pune is all set to begin with the Maharashtra government asking the Pune district administration to expedite the land acquisition process.

Maharashtra deputy chief minister Ajit Pawar has said that this will be a high priority project and the government is keen on fast-tracking the project despite financial challenges the state is facing because of the ongoing pandemic.

Saurabh Rao, Pune divisional commissioner, said a total of 2,832 hectare land has to be acquired in seven villages in Purandar taluka of Pune district for the airport. A meeting will be held on Friday with the deputy CM to take a final call regarding the compensation formula for the land acquisition.

According to Rao, the government will need Rs 6,000 crore for acquiring the land and it is exploring various options for this. Initial attempts to acquire land here had met with stiff protest and the administration had not been able to make any headway.

Apart from outright payments, they are considering if land owners could be compensated through allottment of alternate land, developed property or a mix of all these options, Rao said. If a decision is taken in the Friday’s meeting on the compensation modalities, it will be sent to the state government’s high-powered committee for final approval, Rao said.

The Maharashtra government had created a special purpose vehicle in March 2019 for the Rs 10,000-crore airport project. The City and Industrial Development Corporation (Cidco) of Maharashtra will hold 51% stake in the joint venture with Maharashtra Airport Development Corporation holding 19% and the remaining split between Maharashtra Industrial Development Corporation and the Pune Metropolitan Region Development Authority.

The Pune district collector was assigned the responsibility of acquiring the land and handing it over to the the SPV.

The airport coming up at Purandar, around 47 km from Pune, has been named as the Chhatrapati Sambhaji Raje International Airport and is expected to have the capacity to handle 1.5 lakh passengers a year. Land is to be acquired from seven villages of Paragon, Khanwadi, Munjwadi, Ekhatpur, Kumbharwalan, Vanpuri, and UdachiWadi.

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