peeya

hey hi guys just wanted to know the latest updates whether any person wh have visited to project is there any equipments they hav bought for further to start project? and in which bank they have put for sanctioning the project and by what period will it get approved by banks...and any new updates plz let me knw.....

THANK...

johnsonjohny

It looks like the Navi Mumbai Inernational Airport phase - I would be operational by 2015 and would handle 10 million passengers.

cust_indiabulls_panvel

Well I have already received a call from Indiabulls finance offering home loan at 10% for the panvel project.

As for e other banks, well Indiabulls needs to confirm that they have all the requisitive approvals for the Panvel project.

I would of course be very keen to know if somebody has visited the panvel site and seen for himself whether the construction has started.

compuwalah

JSJ,
Is there any weblink to support the 2015 operational fact. I had impression that after the Raigad farmers revolt (followed by backing of CM Of Mah on same), all these projects of Navi Mumbai etc are in doldrums.

Reg ...
Com1

jia001

JSJ & Compuwalah,

We are slightly digressing from the discussion topic but nevertheless it is important in this context.
As per the information I have the Central Environment Ministry had given in-principle approval to the airport project in early 2009.
However since Mr. Jairam took over as Environment Minister in the new govt./cabinet, the ministry basically took a u-turn and asked CIDCO to do an Environmental Impact Survey of the project. Mangroves
So IIT Bombay group was roped in and a survey initiated. It is supposed to take 1 year so maybe middle of next year they will submit the survey report.
CIDCO in the meanwhile has realised the the Environment Ministry will make a big issue of the mangroves so they have already roped in consultants to start the project of planting mangroves.
You could search for "cidco mangroves" in google news and you will see an article in mumbai mirror newspaper.
Apparently CM Mr. Chavan wants the airport along with many other projects to complete before the 2014 elections.
As I see it, 75% land is with CIDCO/Govt. They need 25%. They need environmental clearance. So two big obstacles.
I see the transharbour link as a more important project which has more hurdles.
There is also a plan to setup an innovation park (a huge project) & a theme park near panvel. But again lets not put the hype

cust_indiabulls_panvel

does any body have any updates on the initiation of the construction activity at the site?

As per my last post, we are given to understand that the resources and machinary have been mobilized at the site? Would appreciate if somebody can update?

jia001

Google Maps show that a big warehouse has turned up next to the site. I will try to go there next week.

jia001

There is an article in today's Times Of India which says the Environmental Impact Assessment has been completed by the IITB+ group. It goes on to say that the study has given green signal to the airport. The report will now be sent to Mr. Jairam who will take the final shot

jia001

In the meanwhile anyone has got new updates?

peeya

hi friends,
hey guys any updates when is the bhumi poojan? And when the work is gonna start?and anyupdates that whether airport is really sanctioned?or its just a rumors and hype any imformation? I am very sure we all r lucky to purchase property with indiabulls coz hiranandani,rna kalpataru..are selling in vry vry expensive price..so all of u cheersss....plz if any new information plz share with me...bye to all