This is an archive article published on January 3, 2016
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Land acquisition woes haunt MIDC, hamper expansion plans

Escalating land cost and opposition to the proposed land acquisition are major hurdles.

3 min readPuneJan 3, 2016 12:05 AM IST First published on: Jan 3, 2016 at 12:05 AM IST

Land acquisition, MIDC, PCMC, PMC, pune Land acquisition, pune newsEscalating land cost and growing opposition to the proposed land acquisition by the Maharashtra Industrial Development Corporation (MIDC) are major hurdles to further industrialisation of Pune district which has developed into a major industrial hub over the years.

Pimpri-Chinchwad, Chakan (I-V), Talegaon (I-III), Ranjangaon (I-III) and Baramati (I-II) are the major industrial areas developed by MIDC in Pune district. Stiff opposition from local residents seems to be plaguing MIDC in all these areas other than PCMC, which by far has been one of most successful cases of land acquisition for industries in the district.

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MIDC acquires land from either private entities or government agencies. In case of private entities, it currently pays at the rate of Rs 1.76 crore per hectare of land along with 15 per cent of the developed land. Development charges are deducted from the compensation paid by the MIDC to the original land holders. Preference is given to barren land on records over irrigated fertile land.

Partha Sarathi Biwas is an Assistant Editor with The Indian Express with 10+ years of experience in ... Read More

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