Tag: Purandar airport

InfrastructureLatest Stories

Maharashtra Cabinet Approves ₹6,000 Crore Loan for Purandar Airport

Representative AI image PUNE: On Tuesday, the state government approved a proposal to raise ₹6,000 crore for land acquisition related to the Purandar airport project. Principal Secretary of Industries, P. Anbalagan, informed TOI that the state cabinet has, in principle, approved the funding for the airport. A special purpose vehicle (SPV), already in place, involves CIDCO holding a 51% stake, with MIDC and PMRDA each holding 15%, and MADC holding 19%. The SPV was established earlier to facilitate the greenfield airport project. Anbalagan stated, “It has been decided to raise approximately ₹6,000 crore for acquiring land for the greenfield airport.…

InfrastructureLatest Stories

Consent Secured for 50% of Land for New Purandar Airport

Representative AI image PUNE: The district administration has received letters from nearly half of the farmers whose land is designated for the proposed Purandar airport, just a week into the process. District Collector Jitendra Dudi stated that approximately 1,450 acres out of the revised airport area of 3,000 acres (1,285 hectares) have been approved for acquisition by farmers. “We have consent letters from nearly half of the farmers in the seven impacted villages,” Dudi remarked. Farmers from Pargaon, where most of the land is situated, previously protested vehemently against the project. Officials overseeing land acquisition confirmed that over 1,000 farmers…