Navi Mumbai Airport Project

Q: What is the status of the project? I heard that farmers will get 22.5% land back. Is that true?

Vasanth,

21st August 2013

Real estate News in Mumbai

navi mumbai airport

navi mumbai international airport

cidco

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (12)

Good Evening Lekshmi and Diwakar,
It sounds really good......but still we have to wait for the Civil Aviation Ministry's approval before the ground work of the project can begin. It is for the height restriction enforced by the civil aviation ministry for the 230-hectare land parcel which according to the CIDCO MD, should also be approved soon.

Dev Patel, Mumbai

27th July 2015

Comment

Hi Dev,
No need to worry now......if all this progress can taken place within a week, They are expecting the remaining issues to be passed soon, as they are up for decision in a few days time. Chief Secretary, Sanjay Bhatia has been in touch with the central ministries.

Shaunak Verdla, Mumbai

27th July 2015

But don't forget that still we have to take permission from the State Forest Department which according to CIDCO is expected to be resolved within 3 weeks. The issue is regarding the handing over of 250 hectares of land by CIDCO to the state forest department.

And the process was moving at a snail's pace, as it required the revenue and environment department of the state to work together.

Dev Patel, Mumbai

27th July 2015

If long waited approvals can be approved within 15 days then hope for the rest of 2 dear.... They will get the final clearance to hand over the land to the forest department within next 3 weeks. After the handover, CIDCO can finally start digging the area to develop the airport. The chief secretary met the secretaries of both the departments, and now the process has reached its final stage.

Shaunak Verdla, Mumbai

27th July 2015

Hey guys,
Good News.........CIDCO plans to start the pre-development work, including rehabilitation of power transmission lines and betterment of land site, for the Navi Mumbai airport from January. Chief minister Devendra Fadnavis has said that work for the Navi Mumbai International Airport will commence within 6 months. According to him, all formalities have been completed and the tender bid will be opened soon.

Diwakar Shetty,

27th July 2015

Comment

Hope so......
I also heard the news yesterday evening. According to Maharashtra CM, most of the permissions are in place and all development including that of the airstrip will get completed in the next 3 yrs. They are confident that the first flight will start in 2019. This aspiring projects will reduce the burden of the existing airport.

Lekshmi,

27th July 2015

Right Lekshmi,
The permission for Navi Mumbai International Airport was cleared by the Central government in 2007 but the plan has been stuck midway after facing problems in land acquisition and environmental clearance. However, during a meeting about 10 days ago between PM Narendra Modi and Maharashtra's chief secretary, they have been able to get clearances for most of the issues in the international airport project.

Diwakar Shetty,

27th July 2015

Great work by our PM, we should salute Them.........tremendous performance by any PM after Indira Gandhi......

There were so many issue with this project and in less than a week, CIDCO received approvals that had been awaited from the ministries, as well as from CRZ and others. Issues related to CRZ permissions, technical obstacles, land acquisition with the environment ministry, funnel zone, etc had been stuck at the center for quite some time.

Lekshmi,

27th July 2015

Yes I hope so the work will start soon as yesterday the Prime Minister has cleared all the setting up of Navi Mumbai International airport to smoothen air traffic congestion in the nation’s financial capital.

Shrikant Kejriwal, Mumbai

14th November 2013

Comment

I heard that they are also planning to start with the work of the expansion of the existing Nagpur airport as the proposal for the transfer of the central government land for the project has been cleared. In return, the state government will give land to the centre at a different location.

Shantanu Kumar, Mumbai

14th November 2013

I think,Navi Mumbai International Airport takes more than 10-12 years for completion.

25th September 2013

Comment

Recently I read somewhere that Navi Mumbai Airport construction work will start within a year and the first phase of the airport, with a runway and a terminal, to be ready by 2017.

Balwinder Singh,

13th November 2013

What is the cost estimated for the project?

Vasanth,

24th September 2013

Comment

The initial estimated cost when the project was planned in 2007 was Rs. 6,000 crore. However, delays and dollar appreciation have increased the project costs by more than twice than the initial projection. It is currently projected to be Rs. 14,000 crores. The increased cost is also attributed to certain changes in the project scope. The project scope now involves several environmental measures and international standards.

Ravi Waghmare, Mumbai

24th September 2013

The project cost shot exponentially. Now the project will cost around Rs15,000 crore.

Ravi Waghmare, Mumbai

13th November 2013

The Navi Mumbai International Airport has gone through several twists and turns in the last 5 years. When the project started, it faced two major hurdles in the form of environment clearance and land acquisition. Just when CIDCO and the state government thought that they came up with a suitable compensation for the project affected farmers, there were new problems. There was also a plan to scrap the project due to delays in land acquisition and rising project costs. However, CIDCO has now announced that the project will continue as planned.

Ashish Sharma, Mumbai

24th September 2013

Comment

CIDCO is expecting the first phase of the airport to be operational only in 2017. With the project being stalled for at least three years, builders have started offering up to 10% discount on unsold flats. Even people who bought flats from the investment point of view are trying to exit by selling their properties for a price less than market value.

Vinay Dixit, Mumbai

18th September 2013

Comment

The only attraction in these areas is the properties under construction which draw buyers who expect the town's infrastructure to develop by the time their houses are ready. Most of the under-construction apartments are sold out in the area. This has pushed up the prices of under-construction projects up to 10%.

Kishore Pathak, Mumbai

18th September 2013

Will the delay in airport project going to harm the real estate sector of Mumbai?

Jerome Fernandez, Mumbai

18th September 2013

Comment

Ofcourse, the delay gonna harm the real estate market in Mumbai. When the airport project was announced, real estate prices shot up in many sectors in Navi Mumbai in anticipation of the project becoming a reality and perceived real estate boom. However, with the project being stalled indefinitely, developers in Navi Mumbai are unnerved.

Suresh Khanna, Mumbai

18th September 2013

About 30% of ready-to-move-in flats in more than 150 housing complexes have no takers. According to real estate consultancy Jones Lang LaSalle, unsold inventory has rose from 16,300 in 2011 to 27,200 in 2013. Infrastructure projects too have come to a standstill in Navi Mumbai. Ulwe, considered one of the most affordable areas in MMR does not even have basic infrastructure. There are no water channels, drainage or sewage system. There is also no proper connectivity. Lack of public transport system such as buses and rickshaws is another deterrent for prospective buyers.

Ravi Waghmare, Mumbai

18th September 2013

Yes it has definitely harmed the real estate sector of Navi Mumbai but once the construction work starts appreciation in the land value will be among of the highest in the country.

Padma G, Mumbai

13th November 2013

Now what is the reason for delay....CIDCO is offering 22.5% of developed land to the airport project affected people.

Vasanth,

18th September 2013

Comment

The much touted Navi Mumbai International Airport is to be built in the Kopra-Panvel area of MMR (Mumbai Metropolitan Region). The airport is intended to decongest Mumbai's current air traffic. However, the chief hurdle came in the form of problems with land acquisition. The project affected people (PAP) refused to allow CIDCO to go ahead with land acquisition without being paid a satisfactory compensation. The deadlock was broken when CIDCO along with the state government decided to pay the farmers 22.5% of developed land as compensation, which is the highest compensation for land acquisition till now.

Kishore Pathak, Mumbai

18th September 2013

I have heard that now the PAP are asking for a higher compensation saying that any other form of compensation will be a loss for the farmers. This has again stalled the airport project.

Ravi Waghmare, Mumbai

18th September 2013

The land acquisition process has been long drawn due to which the commencement of the project has been delayed. The delays in land acquisition have increased the project cost. The rupee fall has further escalated the project cost.

Deepankar Godbole, Mumbai

24th September 2013

Guys!!! Mumbai infrastructure projects seem to be running into endless deadlocks and delays. After the Mumbai Trans-Harbour Link and the Mumbai metro, it is the Navi Mumbai airport which has run into trouble again. The growing uncertainty over the proposed Navi Mumbai International Airport has shaken the real estate scenario in Navi Mumbai. New projects which were launched in anticipation of the airport are witnessing plummeting sales and inventory pile up.

Kishore Pathak, Mumbai

18th September 2013

Comment

If I am not wrong then the project is getting delayed from long time. Why so?

Vasanth,

21st August 2013

Comment

Land acquisition was one of the major hurdles apart from environmental clearance, the proposed Navi Mumbai International Airport was facing. CIDCO and the state government required about 424 hectares of private land for the building the airport. They were negotiating land rates with residents of the seven villages. The land owners demanded a higher compensation for their lands while disallowing CIDCO to conduct surveys.

Suresh Khanna, Mumbai

21st August 2013

The Navi Mumbai Airport is included as one of the priority projects by the Prime Minister. The proposed International Airport is aimed at decongesting Mumbai’s current air traffic. The first phase was supposed to be operational by 2014.

Suresh Khanna, Mumbai

21st August 2013

The Navi Mumbai airport needs around 2,072 hectares of land of which the City and Industrial Development Corporation (Cidco) has yet to acquire 475 hectares. This was one of the reasons for the project getting delayed

Kaushik Bardia,

13th November 2013

The troubled Navi Mumbai International Airport project may have a breath of fresh air as CIDCO offers 22.5% of developed land to the airport project affected people. The airport project had earlier seen delays in its commencement due to the deadlock between CIDCO and the project affected people (PAP).

Suresh Khanna, Mumbai

21st August 2013

Comment

The compensation package is the highest-ever compensation package as the farmers affected by the project will get an additional 10% developed land on the normal 12.5% offered against land acquisitions. The compensation was planned by CIDCO and approved by the Maharashtra chief minister.

Abhishke Karule, Mumbai

21st August 2013

The project affected farmers have been asking for various compensation packages such as more land, money and other benefits such as jobs. However, CIDCO decided to offer 22.5% of developed land, as this offer was more profiteering than other forms of compensation. It is more sustainable and the PAPs could reap its benefits in the long run. A senior CIDCO official said that the chief minister was convinced about CIDCO’s plan.

Abhishke Karule, Mumbai

21st August 2013

CIDCO said that the revised compensation offer was also intended at ensuring speedy rehabilitation and resettlement process for the farmers and achieve early construction. The state government has resolved to distribute the developed plots on village to village basis instead of case to case basis. This is to make sure that livelihood is maintained.

Vinay Dixit, Mumbai

21st August 2013

The major roadblock the Navi Mumbai airport is facing is in terms of land acquisition. The project affected farmers from seven villages refused to allow land surveying and land acquisition by CIDCO without being paid a satisfactory compensation. CIDCO and the state government agreed to provide a compensation of 22.5% developed land, the highest compensation ever for land acquisition in India. When finally the deadlock was believed to be broken, the farmers came up with a new demand of 35% developed land to be given on a net basis as compensation. They said that anything lesser would be a loss to them. The development body still needs to acquire 25% land from Panvel villagers

Abhishke Karule, Mumbai

24th September 2013