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Real Estate Forum on Airport Authority Of India

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Q: Bombat High Court said that slum rehabilitation scheme cannot be implemented on a large plot of land near the Juhu aerodrome without the Airports Authority of India's permission.
Latest Answer: But in earlier hearing Jagtap's advocate, Sushil Upadhyay told the court that the builder had entered into individual agreement with with residents for implementing the redevelopment scheme. But Cosmos' advocate, Cherag balsara questioned Jagtap's honesty, saying in his reply Jagtap had mentioned that other builders were not given a chance.
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Q: The Airport Authority of India's decision on building height clearance, will impact construction work at Malwani, D N Nagar, Versova, Goregaon, Ghatkopar (West) and Mahim.
Latest Answer: Hey folks, BMC and AAI will combine their software based on the map. This will allow any builder to find out the building height limit of their area online without having to run to an authority for details. This map will simplify the process and control corruption. The common man can also understand the height restriction of buildings in their area after considering the map.
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Q: Hi I would like to know people's view on Airport Privatisation. Why Government is privatising these airports ? What will be it's impact on real estate ? Will there be any increase in fare ?

Latest Answer: This will help in monetizing the airport in a better way along with analyzing the economic benefits irrespective of greenfield or brownfield projects.
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