Home News Industry News Mid-2020 is new deadline for Navi Mumbai airport

    Mid-2020 is new deadline for Navi Mumbai airport

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    Fadnavis had said in December the airport might miss its 2019-end deadline but one runway and the terminal building would be ready by April 2020.

    Aviation sources said the new deadline too would be impossible to meet. Tenders for construction of the airport haven’t been awarded yet. Also, land for construction of airport hasn’t been entirely procured.

    The Rs16,000 crore airport is being developed under the public-private partnership (PPP) model between GVK Group subsidiary Mumbai International Airport (MIAL) and City and Industrial Development Corporation of Maharashtra Ltd (Cidco).

    Tuesday was the last day for Navi Mumbai airport’s project-affected persons (PAPs) to sign up for the special incentive scheme announced by the state.

    Cidco spokespersons were not available for comment on the response the scheme had got. Cidco had said the January 15 deadline for the scheme would not be extended.

    Last week, Cidco said if PAPs fail to demolish their constructions within the stipulated time, they are liable to face action and suffer financial losses.

    In the past few months, 50 families from Kombadbhuje, Ulwe, Targhar and Ganeshpuri have demolished their constructions completely, while 100 have demolished constructions partially, said Cidco.

    info-https://realty.economictimes

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