The Pune Airport's redevelopment project has gained official backing from the government, marking a significant step towards enhancing its infrastructure and capacity. This initiative aims to boost air traffic and improve passenger experience.
Pune AirportAirports Authority Of IndiaTerminal RedevelopmentRunway ExtensionAir TrafficReal Estate PuneMay 28, 2025
The primary focus of the Pune Airport redevelopment project is to expand and modernize the terminal building, extend the runway, and develop new parking facilities to enhance operational efficiency and passenger experience.
The terminal redevelopment is expected to be completed by August 2025.
The runway extension will allow the airport to accommodate larger aircraft, which will significantly boost its capacity to handle international flights and attract more international carriers.
The new facilities will include eco-friendly features such as solar panels and rainwater harvesting systems to minimize the environmental impact.
The construction phase is anticipated to generate thousands of jobs, contributing to the local economy.
Hong Kong's private home prices rose 0.3% in April
The budget's focus on Transit-Oriented Development (TOD) for 14 large cities, including Mumbai, is a game-changer. TOD plans will not only improve connectivity and reduce congestion but also enhance the livability and attractiveness of urban areas.
India's data centre market witnesses significant growth, with Mumbai, Delhi-NCR, Chennai, Bengaluru, and Pune emerging as key hubs.
Mumbai's real estate market demonstrated resilience in August 2024, with property registrations marking an 8% year-on-year increase, despite a seasonal dip due to the monsoon.
India's real estate sector is set for significant growth over the next 3-5 years, driven by low inventory, strong affordability, supportive regulations, and sector consolidation.
Bengaluru has emerged as a leading city in India's residential real estate sector, with remarkable growth and increased investments observed in 2024. The city's appeal extends beyond its tech hub status, attracting a diverse range of homebuyers and invest