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Mumbai SEZ developers opposes government move

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As per to the sources saying @ the www.propertykhazana.com, petition against the Govt. for holding a defacto referendum on the venture was filed by Reliance India Ltd. and Promoters of Mumbai SEZ to Bombay High Court. Mumbai SEZ was scheduled to rise in the neighboring Raigad District and DC of Raigad has issued a notice saying that the landlords in 22 affected villages to proof their declaration about their approval for the property acquirement. In 22 villages 4,000 landlords near Mumbai have to decide the destiny of Reliance Groups which had planned MSEZ during a referendum which will be held for the villagers to ask whether they are willing to give their property for 5,000 acres ventures.
In spite of offering relief packages by Mukesh Ambani (Reliance Head), these 22 villages wants to carry on their irrigation by growing rice in their own land. Hetavane Dam costing of Rs. 360 Crores will solve their water dilemmas and villagers told that amount offered by Reliance of Rs. 10 Lakhs per acre is less than the market rate which is Rs. 30 Lakhs to Rs. 40 lakhs for per acre. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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