AAI considers options on acquiring land for building parking lot in Pune
AVIATION & AIRPORTS

AAI considers options on acquiring land for building parking lot in Pune

Keeping up with its expansion plans for Pune airport, the Airports Authority of India (AAI) is deliberating between two options to acquire a 5-acre plot. The land is located next to the airport’s parking number one and can be taken either through the Pune Municipal Corporation (PMC) or through a JV between the owners of the plot and AAI.

As reported, AAI had drawn up plans to construct a multi-level parking lot at the airport but has been on a standstill due to the unavailability of land in the area. 

Although the final decision rests with the AAI headquarters, both the PMC and private landowners have shown a keen interest in the possible proposals. Provided there is adequate compensation, the owners are open to PMC acquiring the land. They are also, however, exploring the idea of giving out the land on rent to AAI.

Reportedly, once AAI gets hold of the plot, both parking number one and the existing cargo terminal will be shifted to the new land following which the construction of the multi-level parking lot will commence. This comes at a time when parking in the airport has become quite challenging after parking number two was converted into a pick-up point. 

Keeping up with its expansion plans for Pune airport, the Airports Authority of India (AAI) is deliberating between two options to acquire a 5-acre plot. The land is located next to the airport’s parking number one and can be taken either through the Pune Municipal Corporation (PMC) or through a JV between the owners of the plot and AAI.As reported, AAI had drawn up plans to construct a multi-level parking lot at the airport but has been on a standstill due to the unavailability of land in the area. Although the final decision rests with the AAI headquarters, both the PMC and private landowners have shown a keen interest in the possible proposals. Provided there is adequate compensation, the owners are open to PMC acquiring the land. They are also, however, exploring the idea of giving out the land on rent to AAI.Reportedly, once AAI gets hold of the plot, both parking number one and the existing cargo terminal will be shifted to the new land following which the construction of the multi-level parking lot will commence. This comes at a time when parking in the airport has become quite challenging after parking number two was converted into a pick-up point. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code