AP govt expedites construction work of Greenfield Airport in Nellore

11 Jan 2022 CW Team

The Andhra Pradesh government has expedited construction works for the Greenfield Airport at Dagadarthi Mandal in Nellore. The government approved the Detailed Project Report (DPR) submitted by the AP Airports Development Corporation Limited (APADCL).

Nellore Airport Corporation Limited prepared the DPR for the proposed airport project.

After approval, the officials expect to begin the first phase of the work in April 2022. The airport is being constructed on a Public-private Partnership (PPP) model across 1,379.71-acre of land. Even after land acquisition, the land requirement was increased to 1,861.2 acres after the proposal for operating cargo flights.

In 2018, SCL-Turbo had signed a concession agreement for airport development. Nellore International Airport has planned a cargo hub, expecting huge demand from the local industries, Krishnapatnam Port and other cities.

Initially, the flights will operate from Nellore to Bengaluru, Vizag and Hyderabad. Later, the airport services will be expanded to other places.

MLA R Prathap Kumar Reddy said that the airport project would cater to the demand in the region. Other connectivity projects are a key advantage for the airport. The airport project will provide employment opportunities for the local people.

The district administration has acquired 1,065.3 acre land for the proposed airport project in Dagadarthi Velugodu, Damavaram and K Korugunta villages. They aim to set up medium and small-sized industries near the airport to generate employment. According to the source, land acquisition was already completed despite the pending court cases and other issues.

Image Source

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..