In a bid to acquire Bidvest’s 13.5 per cent in Mumbai International Airport, Adani Group has entered into a share purchase agreement with the company and has now secured its claim over the shares following an extension of the payment of purchase amount deadline from September 30 to November 7.
A new commercial airport will be developed in Kutch, Gujarat, after the Union Environment Ministry gave it a green nod following consultations from a panel of experts. Estimated to be worth Rs 14 billion, the project will be built by Mundra International Airport.
Adani Group has received approvals to develop a new container terminal in Myanmar, as the company is in planning to spread its port operations beyond the Indian shores. This will be Adani's second international port after Australia.
Adani Group has launched its luxury residential project Atelier Greens in Pune. Spread across 3 acre, the project comprises 256 units of two, 2.5 and three-BHK configurations, and will be ready for possession by 2021.