Land swap proposal between AAI and MMRDA approved -Governance Now

Land swap proposal between AAI and MMRDA approved

The land transaction will enable MMRDA to complete the metro rail project in Mumbai

GN Bureau | August 23, 2017

#PSU #AAI #MMRDA #cabinet #Maharashtra government #Mumbai #metro #Dahisar #Gorai

The government on Wednesday gave its approval for transfer of 40 acres of Airports Authority of India’s (AAI) land at Dahisar to Mumbai Metropolitan Region Development Authority (MMRDA) for its metro shed, swapping with 40 acres of Maharashtra government land at Gorai in Mumbai.

The land transaction will enable MMRDA to complete the metro rail project in Mumbai.

While considering the proposal, the cabinet approved a number of modalities that include; MMRDA has to pay the difference in cost of land of 40 acres, as per the stamp duty ready reckoner rate based on 2016-17 or as per the ready reckoner rate at the time of final handing over of land, whichever is higher.

Besides, MMRDA will hand over the 40 acres of land at Gorai after leveling, grading and demarcating the boundary in all respects. It will also hand over all of the land documents, revenue maps of Gorai land duly mutated in the Records of Rights in the name of AAI.

MMRDA will identify 40 acres of land retaining 24 acres of land for AAI, with clear access/approach from the nearby city road.

AAl will also handover at least 2,000 sq mt of land at Dahisar in advance on temporary basis.

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