Navi Mumbai International Airport acquires necessary land parcel
AVIATION & AIRPORTS

Navi Mumbai International Airport acquires necessary land parcel

The construction of the Navi Mumbai International Airport has reached a significant milestone. According to reports, the City and Industrial Development Corporation (CIDCO) has bought all of the land needed for the project's development. The 3,070 structures in the project area have been evicted by the Maharashtra government's town planning agency.

Churches, communal temples, public and private buildings, schools, and cemeteries were among these buildings. Additionally, all necessary and significant pre-development work in the airport region has been finished by CIDCO.

Considering this achievement Sanjay Mukherjee, Vice Chairman and Managing Director of CIDCO, stated that the collaboration of the PAPs (project-affected individuals) of Navi Mumbai International Airport was crucial to CIDCO's accomplishment of this significant milestone. Clearing the airport location was difficult.

Since then, Adani Enterprises has received the 2,866 acres of property from the town planning body. The latter is in charge of developing the Navi Mumbai International Airport project as the concessionaire.

The construction of the Navi Mumbai International Airport has reached a significant milestone. According to reports, the City and Industrial Development Corporation (CIDCO) has bought all of the land needed for the project's development. The 3,070 structures in the project area have been evicted by the Maharashtra government's town planning agency. Churches, communal temples, public and private buildings, schools, and cemeteries were among these buildings. Additionally, all necessary and significant pre-development work in the airport region has been finished by CIDCO. Considering this achievement Sanjay Mukherjee, Vice Chairman and Managing Director of CIDCO, stated that the collaboration of the PAPs (project-affected individuals) of Navi Mumbai International Airport was crucial to CIDCO's accomplishment of this significant milestone. Clearing the airport location was difficult. Since then, Adani Enterprises has received the 2,866 acres of property from the town planning body. The latter is in charge of developing the Navi Mumbai International Airport project as the concessionaire.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement