The land transaction will enable MMRDA to complete metro rail project in Mumbai.
Mumbai: The Union Cabinet on Wednesday gave its approval for the transfer of 40-acres of the Airports Authority of India’s (AAI) land at Dahisar to the Mumbai Metropolitan Region Development Authority (MMRDA) for its metro shed in return for 40-acres of state government land at Gorai, Mumbai. The land transaction will enable MMRDA to complete metro rail project in Mumbai.
It is approved by the cabinet that MMRDA will pay the difference in cost of land of 40-acres, as per the stamp duty ready reckoner rate based on 2016-17 arrived around Rs 472.70 crore or as per the ready reckoner rate at the time of final handing over of land, whichever is higher.
Also, MMRDA will hand over the 40-acres of land at Gorai after leveling, grading and demarcating the boundary in all respects. MMRDA will also hand over all the land documents, revenue maps of Gorai land duly mutated in the records of rights in the name of AAI.
The proposal also said that MMRDA will identify / demarcate 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 land at Dahisar in advance on temporary basis.
According to the estimate of employment generation in the project, employment for skilled, semi-skilled labourers along with job opportunities for technical experts will be generated. Also there will be creation of jobs in manufacturing industries involved in the metro construction work. After operationalisation of Metro car shed, there will be generation / creation of direct / indirect employment.