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

28 Jul 2022 CW Team

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.

Real Estate

11 May 2026

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..

Brigade, Marriott Open Courtyard Kochi Infopark

Brigade Hotel Ventures (BHVL) and Marriott International have opened Courtyard by Marriott Kochi Infopark, a rebranded and upgraded hotel formerly operating as Four Points by Sheraton Kochi Infopark.Located in Kakkanad adjoining Infopark Kochi, the 218-room property strengthens Brigade’s hospitality portfolio in one of the city’s key IT and commercial corridors. The hotel is positioned to cater to corporate, MICE and leisure travellers visiting Infopark, SmartCity and other business hubs in Kochi.The property offers flexible workspaces, smart TVs and high-speed WiFi across rooms and suites..

WorkEZ Expands South India Portfolio to 1.7 Mn Sq Ft

Work Easy Space Solutions (WorkEZ) has expanded its managed workspace portfolio to approximately 1.7 million sq. ft. across 12 operational buildings and two upcoming developments, strengthening its footprint across South India.The expansion includes the addition of 65,000 sq. ft. at Phoenix One National Park in Chennai and the company’s entry into Kochi through a partnership with Lulu Developers, adding another 70,000 sq. ft.WorkEZ has also signed a 0.4 million sq. ft. development in Coimbatore with Veeras Infra following the successful leasing of 0.1 million sq. ft. in the first phase. The ..