New airport terminal in Shirdi airport by May 2024 in Maharashtra

13 Dec 2022 CW Team

The new terminal building of the Shirdi airport would be commissioned in May 2024, about a year after its construction starts in April next year.

An official of the Maharashtra Airport Development Company (MADC), which manages the airport, said that deputy chief minister Devendra Fadnavis has issued instructions to immediately complete all the processes pertaining to the construction of the airport's new terminal building. Rs 3.50 billion has been approved for the project.

At present, the final design of the new terminal building is on. MADC would float the tender for its construction in December-end or early next year. "another MADC official added that once the work is awarded, it will take 18 months to complete the building and commission it for operations. Actual construction work is expected to start from April next year.

The Shirdi airport was inaugurated on October 2017. It was among the fastest-growing airports of the MADC before the pandemic. The current terminal building can hold 300 passengers at a time. Flyers frequently complained about its alleged below-par facilities and lack of space.

Also Read
Hitachi bags signals contract for Chennai Metro Phase II
Assam CM Sarma lays foundation stones for 2 major bridges

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..