GMR Group to run airport in Hyderabad for additional 30 years

05 May 2022 CW Team

Infrastructure firm GMR Group can now handle the Rajiv Gandhi International Airport (RGIA) in Hyderabad till 2068.

The company told the media that the central government had extended GMR Hyderabad International Airport Limited's (GHIAL) period of the concession agreement for 30 years more.

It was India's first greenfield airport developed under the public-private partnership (PPP) model. The airport was commissioned in 31 months and inaugurated in March 2008.

Initially, the airport had a passenger capacity of 1.2 crore annually, which increased to 2.1 crore in 2019.

Currently, the airport is under a major expansion project, which will increase its passengers capacity to 3.4 crore annually. The airport intends to increase its capacity to 10 crore passengers annually.

The company said that it is the largest private airport operator in Asia and the second largest across the world, having a passenger handling capacity of over 18.9 crore annually. GMR Group operates airports in Delhi, Hyderabad and Cebu, Philippines.

It has recently acquired the development and operation project of Kualanamu International Aiport in Medan, Indonesia. Further, the company is developing three greenfield airport projects in Goa, Bhogapuram and Crete airports.

Image Source

Also read: GMR Infra is now India's first pure-play airports listed company

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..