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Navi Mumbai airport project to be further delayed

Navi Mumbai airport project to be further delayed

The Navi Mumbai airport bidding process is likely to be delayed further with the entry of a fourth player, a consortium of Voluptas Developers (Hiranandani Group) and Zurich Airport, into the fray. A deadline of September 1 was set for submission of request for proposal (RFP) documents for the three bidders in the fray earlier.

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Tata to bid for Navi Mumbai airport

Tata to bid for Navi Mumbai airport

Tata Realty and Infrastructure is preparing a possible joint venture with Heathrow Airport's biggest shareholder, Ferrovial SA of Spain, to bid for the Navi Mumbai airport project. Ferrovial SA is one of the worlIf approved,

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Nod to airport brings Rs 10,000 cr land into market

Nod to airport brings Rs 10,000 cr land into market

The project affected persons (PAPs) of the Navi Mumbai airport on November 11 have accepted the the Maharashtra government offered compensation for the loss of their land. The clearance for the proposed Navi Mumbai airport will also bring land worth over Rs 10,000 crore into the real-estate market for development.

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Wait gets longer for Navi Mumbai airport

Wait gets longer for Navi Mumbai airport

Bidding process for Navi Mumbai airport will be taken up by the City and Industrial Development Corporation (CIDCO) only after comp­leting the crucial land acqui­sition process. But this could delay the project and further push up costs.Although the project recei­ved environmental clea­rance in November 2010, it has been stuck largely due to delays in land acquisition and lack of approval from the Centre for the issue of a formal Request for Qualification (RFQ) from bi­dders.