To be eligible for the project, developers need to have undertaken large real estate or township projects, including development of necessary amenities, physical and social infrastructure and incurred costs or received payments over the past seven years.
At a meeting with officials from the industries and revenue departments in April, Khadse was “advised” that MIDC’s name was recorded in the “other rights” of the 7/12 extract of the plot, sources said.
Prior to its much larger unit at Talegaon in western Maharashtra, Foxconn, the world’s largest contract electronics manufacturer, was to start a mobile phones production facility in Navi Mumbai by March or April.
The AAI, through a letter dated December 15, 2015, has restricted the height of buildings in the New Cuffe Parade complex to 119.61 metres to 133.48 metres, roughly sufficient to build 36- to 40-storey buildings.
A senior official from the Slum Rehabilitation Authority said, “This agreement will be directly between the government of Maharashtra and the government of Canada, and not through any single developer.