The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for transfer/exchange of 278 hectares of IAF land comprising of 288.74 acres of AAI land in possession of IAF in lieu of 400 hectares of land offered by the Government of Maharashtra for the development of the Nagpur airport project and simultaneous restoration of ownership of 288.74 acres of AAI land at present in possession IAF at Nagpur Civil Airport to AAI.