Chavan, who was replying to Calling Attention Motion moved by Congress MLC Sanjay Dutt, said the estimated cost of the project was Rs 4,766 crore. But it increased to Rs 14,573 crore, on account of land acquisition needs and various other cost escalations, he said.
First phase of the project would entail expenditure of Rs 9,000 crore, Chavan said.
Also Read
As the airport was coming up on land covered by mangroves, the government would need to acquire land elsewhere to grow mangroves (to compensate), he said. "Until 291 hectares of land is acquired, construction of airport cannot start," Chavan said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)