Latest Answer: Yes, the civil aviation ministry gave its approval for the bid document on December 30. As per the initial plan the airport will be developed as a joint venture between Cidco and the private developer.
Latest Answer: Analysts are not too interested on the idea. Airports are a very lumpy investment. Once built, they have to be swatted completely before going for a second airport, for instance in Mumbai, Goa and Chennai. Creating a second airport in NCR before IGIA gets loaded may make both airports unviable.