Funds worth Rs 75 crore allocated to acquire land for Coimbatore airport expansion

Funds worth Rs 75 crore allocated to acquire land for Coimbatore airport expansionCOIMBATORE

: The much-awaited land acquisition process for the expansion of the Coimbatore International Airport is set to roll finally with the state government clearing the first phase of funds worth Rs 75 crore.

Minister for municipal administration SP Velumani revealed this at the roadshow for the Global Investors Meet 2019 in the city on Sunday.

Addressing the gathering, Velumani said industrialists had long been seeking the expansion of the airport. “Last week, the chief minister signed the release of the first round of fund worth Rs 75crore for land acquisition and it will be issued soon,” he said. The total area needed for expansion will be 650 acres, the minister said and added that the total cost will be about Rs 1,500 crore.

“Once the airport is expanded, the city would get more cargo flights, which would help in bringing more industries and business to the city,” said Velumani.

An official in charge of land acquisitions said the government order allocating the first phase fund was published last week. “There are 24 blocks in the area marked for acquisition. Of these, the first phase fund has been allocated for the seventh block, spread over 11.22acres,” he said.

The officials concerned will start measuring the land in all the sub-divisions and verify the owners’ details. “We have to check the documents and pattas of the lands. If both are in the same name, then we will give them the money for their lands. In case if the patta is in a different name, such as that of a deceased relative, we will ask the owners to transfer the patta to their name through the tahsildar’s office and after that hand over the money,” said the official.

The landowners will be given the price they had agreed upon, Rs 1,500/sq ft for residential land and Rs 900/sq ft for agricultural land, said the official. “The funds for the other blocks are in process,” he added.

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