Nagpur Airport Expansion Gets Approval as MADC Transfers 786ha Land
AVIATION & AIRPORTS

Nagpur Airport Expansion Gets Approval as MADC Transfers 786ha Land

Maharashtra Airport Development Company (MADC) has given the green light for Nagpur Airport's major expansion, approving the transfer of 786 hectares of land to Mihan India Limited (MIL) on Saturday. This land, which extends to Air India's aircraft maintenance and overhaul depot in Mihan-SEZ, will be used to build the expanded airport.

MIL, the operator of Babasaheb Ambedkar International Airport, has signed a concessionaire agreement with GMR Group for the brownfield expansion. The land transfer formalities are set to be completed by April, enabling GMR to begin construction. However, the transfer requires the rehabilitation of residents in Shivangaon and nearby areas, which MADC is working to complete first.

MADC, which holds a 51% stake in MIL, is now collaborating with GMR to develop the airport infrastructure. As part of this partnership, MIL will receive the land from MADC, which also aims to enhance the airport’s facilities, including new terminals, parking spaces, and a second runway in future developments.

CM Devendra Fadnavis, MADC's chairman, indicated that the state will invest in infrastructure such as night landing facilities and runway expansions to ease the burden on urban airports.

MADC also plans to take control of five airports in Maharashtra previously operated by Reliance Airport Developers Limited (RADL). This includes airports in Yavatmal, Baramati, Nanded, Osmanabad, and Latur. Fadnavis is optimistic that this will speed up development.

Maharashtra Airport Development Company (MADC) has given the green light for Nagpur Airport's major expansion, approving the transfer of 786 hectares of land to Mihan India Limited (MIL) on Saturday. This land, which extends to Air India's aircraft maintenance and overhaul depot in Mihan-SEZ, will be used to build the expanded airport. MIL, the operator of Babasaheb Ambedkar International Airport, has signed a concessionaire agreement with GMR Group for the brownfield expansion. The land transfer formalities are set to be completed by April, enabling GMR to begin construction. However, the transfer requires the rehabilitation of residents in Shivangaon and nearby areas, which MADC is working to complete first. MADC, which holds a 51% stake in MIL, is now collaborating with GMR to develop the airport infrastructure. As part of this partnership, MIL will receive the land from MADC, which also aims to enhance the airport’s facilities, including new terminals, parking spaces, and a second runway in future developments. CM Devendra Fadnavis, MADC's chairman, indicated that the state will invest in infrastructure such as night landing facilities and runway expansions to ease the burden on urban airports. MADC also plans to take control of five airports in Maharashtra previously operated by Reliance Airport Developers Limited (RADL). This includes airports in Yavatmal, Baramati, Nanded, Osmanabad, and Latur. Fadnavis is optimistic that this will speed up development.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement