Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) will be spending nearly Rs 8,131.46 crore only on land acquisition for the Alibaug Virar Multimodal corridor. A total of 522.94 hectares of land from Thane and Palghar districts comprising villages of Vasai, Bhiwandi, Thane, Kalyan and Ambernath. And since these land parcels come under the urban areas they will be getting two times of the ready reckoner (RR) value.
The Project Affected People (PAPs) will be compensated on the same lines as those who have been compensated for the Samruddhi Mahamarg project. Earlier, the state government had has paid compensation to the PAPs of Mumbai-Nagpur Mahamarg, under the Highways Act. If the land for Alibaug-Virar is acquired under the same provisions, landowners will get compensation twice as much for those living in urban areas. Moreover, they be compensated as per the RR value of 2018-19.
Along with MMRDA, City and Industrial Development Corporation (CIDCO) and National Highways Authority of India (NHAI) are also acquiring land. CIDCO will spend Rs 7,082 crore to acquire 401.59 hectares of land. Similarly, NHAI will spend Rs 7,131.3 crore to acquire 363.43 hectares of land.