
TRU Realty To Launch Rs 2.5 Billion Projects In Mumbai By 2025

Navi Mumbai Airport Phase 3 to Cost Rs 300 Billion
The first and second phases of Navi Mumbai International Airport (NMIA) — comprising Terminal 1 and a runway — will be inaugurated in September this year, built with a capital investment of Rs 200 billion. The Adani Group will invest an additional Rs 300 billion in the airport’s third phase, which will see the construction of Terminal 2 and a second runway by 2029, according to Adani Airports Holdings Ltd (AAHL).In its initial phase, the greenfield facility will be equipped to handle 20 million passengers per annum (MPPA). A cargo terminal, expected to become operational in 2026, is also..

Centre Reviews Coal Block Progress in Five States
The Ministry of Coal held a review meeting chaired by Additional Secretary and Nominated Authority, Ms Rupinder Brar, to assess the status of captive and commercial coal blocks allocated in Madhya Pradesh, Assam, Arunachal Pradesh, Telangana, and Gujarat. The session brought together coal block allottees, senior Central Government officials, and state representatives to evaluate operational progress, address challenges, and identify measures to boost coal production.A total of 39 coal blocks were reviewed — 33 in Madhya Pradesh, two in Assam, one in Arunachal Pradesh, one in Telangana, and t..

Navi Mumbai Airport Licence Likely by August-End
The Directorate General of Civil Aviation (DGCA) is expected to grant an aerodrome licence to Navi Mumbai International Airport (NMIA), developed by the Adani Group, by the end of August, with full commercial operations targeted for mid-November, according to senior officials of Adani Airports Holdings Ltd (AAHL).The licence is a critical requirement for operations to begin. AAHL applied several months ago, and DGCA officials conducted an inspection in mid-July. A final inspection will follow in the coming weeks. AAHL CEO Arun Bansal said, “Post inauguration, it will take around 45 days to b..