ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Rs 2.5 bn needed for Nashik-Pune rail land purchase
RAILWAYS & METRO RAIL

Rs 2.5 bn needed for Nashik-Pune rail land purchase

The district administration had placed a demand for Rs 2.5 billion with the ?Maharail? authorities to acquire land through private negotiations for the semi-high-speed Nashik?Pune rail project. Nashik collector Jalaj Sharma revealed that this demand had been presented by the administration to the Maharashtra Rail Infrastructure Development Corporation (Maharail) authorities during a virtual meeting chaired by deputy commissioner Ajit Pawar.

Sharma explained that the demand specifically pertained to the land being purchased from farmers in Sinnar taluka and that this amount was crucial for ensuring the smooth completion of the land acquisition process. He further mentioned that the valuation of land prices for crops in Nashik taluka had not been conducted yet due to the lack of clarity regarding the alignment of the railway track in that region.

A senior officer from the district administration emphasised the importance of timely payments, stating that the process of land valuation had been carried out in Sinnar because the alignment there was clear and Maharail had already made its demand. Failing to make payments promptly could lead to an increase in demands for compensation, potentially extending the compensation period.

The district administration had placed a demand for Rs 2.5 billion with the ?Maharail? authorities to acquire land through private negotiations for the semi-high-speed Nashik?Pune rail project. Nashik collector Jalaj Sharma revealed that this demand had been presented by the administration to the Maharashtra Rail Infrastructure Development Corporation (Maharail) authorities during a virtual meeting chaired by deputy commissioner Ajit Pawar. Sharma explained that the demand specifically pertained to the land being purchased from farmers in Sinnar taluka and that this amount was crucial for ensuring the smooth completion of the land acquisition process. He further mentioned that the valuation of land prices for crops in Nashik taluka had not been conducted yet due to the lack of clarity regarding the alignment of the railway track in that region. A senior officer from the district administration emphasised the importance of timely payments, stating that the process of land valuation had been carried out in Sinnar because the alignment there was clear and Maharail had already made its demand. Failing to make payments promptly could lead to an increase in demands for compensation, potentially extending the compensation period.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement