Navi Mumbai is the affordable alternative, for those who cannot afford to invest in Mumbai. As opposed to the skyrocketing real estate prices in Mumbai, Navi Mumbai has opened up as a strategic investment … READ FULL STORY
Despite the fact that nearly 23 years have passed since the idea to build a second airport in the Mumbai Metropolitan Region (MMR) was mooted, agencies responsible for building the Navi Mumbai International Airport … READ FULL STORY
The Noida International Greenfield Airport at Jewar near Delhi has been allotted Rs 2,000 crores, which is about half of the estimated cost of its first phase of construction, in the Uttar Pradesh Budget … READ FULL STORY
FAQs
Mumbai’s Bandra-Kurla Complex (BKC) owes a large share of its success to the connectivity factor, which has improved significantly, since the start of the project in 1977 by the Mumbai Metropolitan Region Development Authority … READ FULL STORY
Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us … READ FULL STORY
While policy changes like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST) may have caused a temporary slowdown in the real estate market, the long-term impact … READ FULL STORY
Britain-based Zaha Hadid Architects (ZHA), has bagged the contract from Navi Mumbai International Airport Limited (NMIAL), after a 12-week design competition, to design the new airport’s Terminal 1 and air traffic control (ATC) tower. … READ FULL STORY
Ketan Sawant Senior PR professional, Mumbai There have been remarkable changes in the real estate sector, since 2017. The implementation of the Real Estate (Regulation and Development) Act (RERA), has enhanced transparency, accountability and … READ FULL STORY
Addressing the second day of the annual CAPA (Centre for Asia Pacific Aviation) summit through a video link, Minister of state for civil aviation Jayant Sinha pointed out that Mumbai remained the most bottlenecked, … READ FULL STORY
City and Industrial Development Corporation’s (CIDCO’s) joint managing director Prajakta Verma, on November 23, 2017, assured that the work on the Rs 16,000-crore Navi Mumbai International Airport project was being fast-tracked. “In all probability, … READ FULL STORY
With large infrastructure projects worth trillions underway in the state, Maharashtra is looking at revamping its funding model, so that bankers funding such projects will be covered by the government, a senior state official … READ FULL STORY
The Maharashtra government, on October 24, 2017, approved the selection of the GVK-led Mumbai International Airports Ltd (MIAL) for developing the Navi Mumbai International Airport, on a public-private partnership basis. The decision was taken … READ FULL STORY
