The Airports Authority of India eyes transforming Trichy Airport's 14,450 sqm old terminal into a hotel and shopping hub, sparking debate on aviation vs commercial use. This repurposing aims to boost revenue while leveraging prime location near growing real estate markets in Tiruchirappalli.
The housing ministry has suggested implementing a single-window clearance system to expedite project approvals. This move aims to reduce property prices by lowering builders' preservation costs.
Government panel recommends single-window clearance to expedite real estate projects, aiming to reduce delays and potentially stabilize property prices.
HDIL plans to raise ₹1,000 crore for Mumbai airport modernization, relocating 80,000 slum families. This surpasses the Dharavi project in scale and involves a 53-acre plot acquisition for ₹1,900 crore.
DIAL's plan for a 45-acre hospitality district faces a hurdle as AAI refuses to contribute its share of the Rs 1,000 crore funding, impacting the project's progress and Delhi's hotel room supply.