Airport Authority of India
The Airport Authority of India (AAI) has approved the height of the proposed multi-level parking facility at the Botanical Garden Metro station. The Rs 500-crore project will have 23 levels with 6 floors designated for parking and the others for commercial purposes. To build any structure above 30 metres in height, it is necessary to [...] Continue Reading »
Announcing the Union Budget 2014-15 on Thursday, Finance Minister Arun Jaitley said that air travel in the country will be notably improved through the development of new airports in smaller cities and towns. The government’s plans for better airport connectivity in regional areas are apparently rooted in the fact that though airport travel has increased [...] Continue Reading »
The Airport Authority of India (AAI) plans to seek a new agreement for airport privatisation with the government soon, now that the new Civil Aviation Ministry has taken charge in New Delhi. With some reservations by the previous government having stalled the concession agreement which the AAI had prepared in March this year, the AAI plans to [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
The Cochin International Airport Ltd (CIAL) has been focusing to collect revenue of Rs. 3,000 crore in the next 10 years. To achieve the targeted revenue, CIAL has to focus on three major areas. According to them, target should be achieved by better and outstanding services to passengers, diversification of business activities and achieving self-reliance [...] Continue Reading »
A panel was set up last year under the former Competition Commission of India in order to find out ways to make approval process easier for the real estate projects. The panel has suggested a single-window clearance model for the real estate reports to get clearance easily. In this report the ministry of environment nor [...] Continue Reading »
Real estate projects in Juhu whose no objection certificates (NOCs) were to be reviewed are found proper now. This is with reference to previous report which said No Objection Certificates (NOC) that were given to projects in Juhu will be reviewed again. Authorities had also assured that the No Objection Certificates (NOC) that were given [...] Continue Reading »
Real estate projects near Juhu Airport are going to get affected as the Airport Authority of India (AAI) has hinted that it will not be shutting down the airport’s secondary runway. The authorities have also assured that the No Objection Certificates (NOC) that were given to 120 projects including high rise properties in Juhu will [...] Continue Reading »
Begumpet, located at the centre of Hyderabad, has witnessed a rise in commercial activity. Commercial development was triggered by shifting of the Begumpet airport to Shamshabad. Earlier Airport Authority of India had imposed restrictions on the number of floors that could be constructed for a commercial building and only two floors were allowed. However, these [...] Continue Reading »
The high-rise buildings such as commercial complexes, shopping malls and also the residential apartments in Hyderabad have issued notices from the City Court for not claiming the No Objection Certificate (NOC) from the fire service departments. Nearly 523 buildings have received the legal notice. Greater Hyderabad Municipal Corporation (GHMC) has taken up the initiative to [...] Continue Reading »
