Real Estate Maharashtra

Shirdi Airport Leases 254 sq ft for Lounge at ₹2.28 Lakh Monthly Rent

By GeoSquare News Desk · Published 2026-11-06

The Maharashtra Airport Development Company (MADC) has initiated the leasing process for a 254 sq ft space at Shirdi Airport to set up a paid lounge. The minimum monthly rent has been fixed at ₹2.28 lakh, reflecting the rising demand for premium passenger amenities at regional airports.

Commercial Real Estate Opportunity

This lease presents a lucrative opportunity for businesses in the hospitality and retail sectors. The strategic location within the airport terminal ensures high footfall, making it an attractive investment for operators looking to tap into the growing air traffic in the region.

Impact on Local Property Market

The development is expected to boost commercial real estate sentiment around Shirdi. As airport infrastructure expands, ancillary services such as lounges, food courts, and retail outlets create a ripple effect, potentially increasing property values in nearby areas.

Interested parties can participate in the bidding process as per MADC guidelines. The move aligns with the government's push to enhance regional connectivity and passenger experience, which bodes well for long-term investors.