real estate news
India to Emulate Global Models for Skyscraper Development Near Airports
India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, announced plans to study global examples and develop large-scale real estate and commercial activities around airports, aiming to boost economic growth and infrastructure.
Real Estate
India to Explore Global Models for Skyscraper Development Near Airports
Civil Aviation Minister Kinjarapu Ram Mohan Naidu announced that India will study real estate development near airports, drawing inspiration from global hubs like New York, London, and Hong Kong.
Real Estate
Government Seeks ICAO Study to Address Safety Concerns of Buildings Near Airports
The Civil Aviation Minister has announced a collaboration with the International Civil Aviation Organisation (ICAO) to study and implement best practices for managing building height restrictions near airports, following the recent Air India crash in Gujarat.
Real Estate
Government to Collaborate with ICAO to Address Building Height Restrictions Near Airports
The Indian government, in collaboration with the International Civil Aviation Organization (ICAO), will conduct a study to find solutions for height restrictions on buildings around airports, balancing aviation safety with real estate development.
Real Estate Maharashtra
Mumbai and Delhi Airports Rival Global Hubs in Non-Aero Revenue
Mumbai and Delhi airports are now on par with global aviation giants like London Heathrow and Tokyo Haneda in terms of non-aero revenues per passenger. A new report highlights the potential for exponential growth in non-aero revenue as India's air traffic surges.
Real Estate Mumbai
Navi Mumbai Airport Expands with 65 New Aircraft Stands in Phase 1
The Navi Mumbai Airport has made significant progress with the addition of 65 aircraft stands in the first phase of its development. This expansion is set to enhance the airport's capacity and efficiency, supporting the growing air traffic in the region.
Real Estate
Balancing Skyscrapers and Aviation Safety: A Comprehensive Study by the Indian Government
The Indian government, in collaboration with the International Civil Aviation Organization (ICAO), is conducting a study to address height restrictions for buildings around airports. This initiative aims to balance aviation safety with the growing real estate sector.
Real Estate
International Study to Address Height Restrictions for Buildings Near Airports
Civil Aviation Minister K Rammohan Naidu announced an upcoming international study to find solutions for height restrictions near airports. The government aims to develop real estate and expand services around new airports.
Real Estate Mumbai
CSTPL to Launch Rs 5.8 Billion Pilot Training Hub in Mumbai
Construction of a state-of-the-art pilot training hub in Mumbai by CSTPL is set to revolutionize aviation training in India, with a budget of Rs 5.8 billion. The project is expected to create numerous job opportunities and enhance the quality of pilot training.
Real Estate Mumbai
InterGlobe-CAE Joint Venture Launches Advanced Pilot Training Centre in Mumbai
CAE Simulation Training Private Limited (CSTPL), a joint venture between InterGlobe Enterprises and CAE, has opened a new pilot training centre in Mumbai. The facility will enhance the training capabilities for airline pilots in India, addressing the growing demand for professional pilots over the next decade.
Real Estate Mumbai
Navi Mumbai Airport Set to Boost Rs 1 Trillion Aviation Sector
Over the next five years, a significant investment of Rs 1 trillion is expected to transform the aviation landscape in Navi Mumbai, enhancing passenger experience and driving real estate growth.
Real Estate Mumbai
Navi Mumbai Airport Set to Transform India’s Aviation Sector with Rs 1 Lakh Crore Expansion
Navi Mumbai’s international airport is poised to revolutionize India’s aviation landscape, anchoring a massive Rs 1 lakh crore expansion that includes upgrades to Mumbai’s existing hub and several regional airports. This ambitious project aims to enhance passenger experience and drive sustainable growth in one of the world’s fastest-growing aviation markets.
Real Estate Mumbai
Adani Group to Invest Rs 960 Billion in Indian Airports by FY30
The Adani Group plans to invest a staggering Rs 960 billion in airport infrastructure and real estate development by the end of FY30. The majority of this investment will be directed towards the Navi Mumbai and Mumbai airports. Jeet Adani, who heads the infrastructure division, shares the vision and goals of this ambitious project.
Real Estate Mumbai
Adani Group’s Rs 96,000 Crore Investment to Transform Mumbai’s Airports by 2028
The Adani Group is set to invest Rs 96,000 crore over the next five years to enhance Mumbai and Navi Mumbai airports, focusing on infrastructure upgrades and real estate development. This ambitious plan aims to boost domestic aviation and regional economic growth.
Real Estate
GST 2.0, Tesla in India, and the Regional Aviation Boom: This Week's Financial Highlights
In this week's wrapup, we explore the need for a GST 2.0 reboot, Tesla's entry into the Indian market, the controversy over CAFE norms in the auto industry, the outdated MRP system, and the potential real estate boom fueled by regional aviation.
Real Estate Maharashtra
Maharashtra CM Seeks Radar Relocation to Boost North Mumbai Redevelopment
Maharashtra Chief Minister Devendra Fadnavis appeals to the aviation ministry to relocate radars in Mumbai, aiming to facilitate the redevelopment of residential buildings in north Mumbai and benefit over 10 lakh middle-class residents.
Real Estate
Real Estate Boom Near Mopa Airport Raises Safety Concerns
The rapid and unregulated real estate development around the Mopa airport in North Goa is raising red flags about aviation safety and the future of the greenfield project.
Real Estate Pune
Pune Welcomes Maharashtra's First Heliport at Hadapsar Gliding Centre
Pune is set to become home to Maharashtra’s first dedicated heliport at the Hadapsar Gliding Centre, set to enhance emergency services, tourism, and economic activities in the region.
Real Estate Mumbai
IndiGo to Operate First Commercial Flights from Navi Mumbai International Airport
IndiGo is set to become the first airline to operate commercial flights from the Navi Mumbai International Airport, with phased operations starting in August 2025. The new airport, developed by Adani Airports, is expected to significantly ease congestion at the existing Mumbai airport and support the growth of India's aviation sector.
Real Estate Mumbai
Adani Ends Celebi Contracts at Mumbai and Ahmedabad Airports Post Government Revocation
Adani Group has terminated its contracts with Celebi Aviation at Mumbai and Ahmedabad airports following the revocation of Celebi’s operating permit by the Indian government. This move is expected to impact the operational efficiency and service standards at these major airports.