+
GMR Airports secures Rs 8 bn funding from three financial institutes
AVIATION & AIRPORTS

GMR Airports secures Rs 8 bn funding from three financial institutes

GMR Airports, a major player in the aviation sector, has successfully raised Rs 8 billion through strategic funding from Standard Chartered, Aditya Birla Fund, and Varde Partners. This financial infusion underscores investor confidence in the aviation industry's recovery and highlights GMR's position as a key player in the sector's resurgence.

In a notable financial move, GMR Airports secured Rs 8 billion in funding from leading financial entities, signalling positive developments within the aviation landscape. The involvement of Standard Chartered, Aditya Birla Fund, and Varde Partners reflects the strategic collaboration of prominent players in supporting GMR's growth trajectory. The funds raised are expected to be utilised for various initiatives within the aviation sector, enhancing infrastructure, operational capabilities, and contributing to the overall revival of air travel. The investment aligns with the sector's ongoing efforts to adapt and thrive in the post-pandemic era, reflecting optimism and resilience.

This strategic financial infusion not only bolsters GMR Airports' financial position but also signifies broader confidence in the aviation industry's potential for recovery and growth. The collaboration with reputable financial institutions underscores GMR's strategic approach to securing resources for navigating the evolving landscape of the aviation sector.

GMR Airports, a major player in the aviation sector, has successfully raised Rs 8 billion through strategic funding from Standard Chartered, Aditya Birla Fund, and Varde Partners. This financial infusion underscores investor confidence in the aviation industry's recovery and highlights GMR's position as a key player in the sector's resurgence. In a notable financial move, GMR Airports secured Rs 8 billion in funding from leading financial entities, signalling positive developments within the aviation landscape. The involvement of Standard Chartered, Aditya Birla Fund, and Varde Partners reflects the strategic collaboration of prominent players in supporting GMR's growth trajectory. The funds raised are expected to be utilised for various initiatives within the aviation sector, enhancing infrastructure, operational capabilities, and contributing to the overall revival of air travel. The investment aligns with the sector's ongoing efforts to adapt and thrive in the post-pandemic era, reflecting optimism and resilience. This strategic financial infusion not only bolsters GMR Airports' financial position but also signifies broader confidence in the aviation industry's potential for recovery and growth. The collaboration with reputable financial institutions underscores GMR's strategic approach to securing resources for navigating the evolving landscape of the aviation sector.

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?