Karnataka likely to get four greenfield airports in 3-4 years
AVIATION & AIRPORTS

Karnataka likely to get four greenfield airports in 3-4 years

The proposed greenfield airports projects in Shivamogga, Vijayapura, Hassan and Raichur, aimed to increase their opportunity in tier-II cities, will soon become a reality in Karnataka.

According to official sources, with the Kalaburagi and Bidar airports in the last two years after the delays due to the issues of land acquisition and Airports Authority of India (AAI), the state will witness four greenfield airports in the next three to four years.

Nearly 45% of the airport work has been completed at the Shivamogga airport, along with the land acquisition issues of the Hassan and Raichur airports. The runway work of the Shivamogga airport is partially completed, and the approach roads, parking area, compound wall, terminal building, internal road, peripheral road, watchtower and the Community Fire Refuges (CFR) buildings are under progress.

From the estimate of the project of Rs 384 crore, work worth Rs 125 crore has been completed till now.

The land acquisition of the Hassan and Raichur airports are over, but the commencement will take a while. The contract for the Hassan airport has been finalised, and soon a site office will be established. For the Raichur airport, the detailed project report (DPR) has been submitted, and the bidding will begin.

The earthwork has been completed for the Vijayapura airport. Out of Rs 220 crore, as the project estimated, Rs 49 crore work is over.

The government is spending Rs 954 crore on these four airports. From these, Shivamogga will be a full-fledged airport with a landing capacity for a Boeing A 320 or 737, whereas the remaining three will handle ATR 72 capacity.

Image Source


Also read: Hirasar greenfield airport likely to be ready by March 2023

The proposed greenfield airports projects in Shivamogga, Vijayapura, Hassan and Raichur, aimed to increase their opportunity in tier-II cities, will soon become a reality in Karnataka. According to official sources, with the Kalaburagi and Bidar airports in the last two years after the delays due to the issues of land acquisition and Airports Authority of India (AAI), the state will witness four greenfield airports in the next three to four years. Nearly 45% of the airport work has been completed at the Shivamogga airport, along with the land acquisition issues of the Hassan and Raichur airports. The runway work of the Shivamogga airport is partially completed, and the approach roads, parking area, compound wall, terminal building, internal road, peripheral road, watchtower and the Community Fire Refuges (CFR) buildings are under progress. From the estimate of the project of Rs 384 crore, work worth Rs 125 crore has been completed till now. The land acquisition of the Hassan and Raichur airports are over, but the commencement will take a while. The contract for the Hassan airport has been finalised, and soon a site office will be established. For the Raichur airport, the detailed project report (DPR) has been submitted, and the bidding will begin. The earthwork has been completed for the Vijayapura airport. Out of Rs 220 crore, as the project estimated, Rs 49 crore work is over. The government is spending Rs 954 crore on these four airports. From these, Shivamogga will be a full-fledged airport with a landing capacity for a Boeing A 320 or 737, whereas the remaining three will handle ATR 72 capacity. Image SourceAlso read: Hirasar greenfield airport likely to be ready by March 2023

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement