Updated On: 13 July, 2016 07:25 AM IST | | Vinod Kumar Menon
<p>MIDC accepted earnest money payments for allotments from investors in 2013 without clearing land acquisition hurdles in Pale village in Ambernath. Villagers say they are still land owners</p>

Eighty small and medium industrialists have been landed a body blow by the Maharashtra Industrial Development Corporation (MIDC). Nearly two years since they paid a collective earnest money of Rs 106 crore — at R4,000/sqm of land — to the MIDC to set up units in Ambernath’s Pale village, the project is yet to take off.

Farmers of the village claim that they haven’t ceded ownership of their land