Nod For Exchange Of IAF Land For Nagpur Airport Project – Business Line – 25-Dec-2014

December 29, 2014 - Uncategorized

The Union Cabinet on Wednesday approved the exchange of 278 hectares of Indian Air Force (IAF) land (comprising 288.74 acre of Airports Authority of India (AAI) land in possession of IAF) in lieu of 400 hectares offered by the Maharashtra Government for the development of the Nagpur airport project and restoration of ownership of 288.74 acres at Nagpur Civil Airport to AAI.

The Maharashtra Government has offered 400 hectares in lieu of 278 hectares, taking into account the cost of relocation of the existing assets of IAF, an official statement said.

Also, additional land for extension of runway etc is required for the IAF’s Gajraj project. The 278 hectares is located at five different pockets, which is restricting IAF that needed a single plot to develop the project in an integrated manner.

At the same time, the IAF land falling in the Mihan airport boundary is required for the development of the project. The additional 122 hectares has been offered by the Maharashtra Government to meet the cost of existing assets of IAF, which cannot be relocated, the statement added.

The Hindu Business Line

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