+
Construction of NIA’s main terminal and runway to begin in August
AVIATION & AIRPORTS

Construction of NIA’s main terminal and runway to begin in August

The Noida International Airport (NIA) will begin construction next month on its main terminal building and runway, which must be finished over the following 25 months, with an October 2024 commissioning deadline.

Tata Project (TPL), which has been given the EPC contract for NIA, will construct the building and the runway.

The terminal building and runway will be completed by the fourth quarter of 2024, in time for commercial flights to resume. According to the agreement reached by the state government and Zurich AG, the specific date is September 29, 2024. If the deadline is not met, the agreement includes a hefty penalty provision of Rs 10 lakh each day.

The NIA, which will be the second international airport in the NCR, giving the Delhi region the distinction, is expected to handle 12 million passengers per year. Tata Projects will create airside infrastructure, roadways, utilities, landside amenities, and other auxiliary buildings in addition to the terminal building and the 3,900-metre-long runway.

The Noida International Airport (NIA) will begin construction next month on its main terminal building and runway, which must be finished over the following 25 months, with an October 2024 commissioning deadline. Tata Project (TPL), which has been given the EPC contract for NIA, will construct the building and the runway. The terminal building and runway will be completed by the fourth quarter of 2024, in time for commercial flights to resume. According to the agreement reached by the state government and Zurich AG, the specific date is September 29, 2024. If the deadline is not met, the agreement includes a hefty penalty provision of Rs 10 lakh each day. The NIA, which will be the second international airport in the NCR, giving the Delhi region the distinction, is expected to handle 12 million passengers per year. Tata Projects will create airside infrastructure, roadways, utilities, landside amenities, and other auxiliary buildings in addition to the terminal building and the 3,900-metre-long runway.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?