Purandar airport land acquisition costs ₹5,000 crore
market hours1 source ↓written by the desknot a recommendation
- for land acquisition
- ₹5,000 crore
- from seven villages
- 1,285 hectares
The Purandar International Airport project near Pune will incur ₹5,000 crore for land acquisition, covering 1,285 hectares from seven villages. Farmers are demanding higher compensation and a land return increase from 10% to align with the Navi Mumbai airport model, which returned 22.5% of land. This situation may impact local sentiment and investment in the region.
Not investment advice. For informational purposes only.