Pune Airport: a new multi-story parking lot to be open by July 2022

27 Apr 2022 CW Team

From July 2022, the newly constructed multi-story parking lot at Lohegaon airport is planned to be open to the public.

The Airports Authority of India (AAI) is working on several infrastructure projects at the airport, including a new terminal building construction.

Currently, AAI Pune has leased an open plot of land near the airport's entry gate with the capacity to park 100 automobiles and a large number of two-wheelers.

The new parking lot is being built in response to increased passenger traffic and daily airline operations.

The Pune airport extension project calls for the construction of a new terminal building of Rs 400 crores, a multilevel vehicle parking structure worth Rs 120 crores, and a new cargo complex worth Rs 300 crores.

On the eastern side of the present terminal building, a 40,000 sq m plot is being developed for a new terminal building.

Santosh Doke, Pune airport director, told the media that AAI built the four-story parking lot near the airport entry gate.

According to the residents, a dedicated parking area was absent. Now, those who drop off or pick up passengers will be able to park and wait in the new area.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..