Latest news with #NaviMumbaiInternationalAirport
India.com
3 days ago
- Business
- India.com
Gautam Adani's BIG move, to spend Rs 960000000000 in…, what's business plan for next 5 years?
Adani Group's Airport Business Expansion: The Adani Group is aggressively expanding its airport business, with plans to invest nearly Rs 1 lakh crore over the next five years. The group, led by billionaire Gautam Adani, operates seven airports in India, including the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai. The Navi Mumbai International Airport is expected to be added to this list by October this year. Investment Strategy For Next Five Years Jeet Adani, 27-year-old son of Gautam Adani and head of the group's airport business, told the Times of India that the company has laid out a five-year plan involving investments of Rs 95,000–96,000 crore across airport infrastructure and real estate development. 'The majority of this investment will go into the Navi Mumbai and Mumbai airports, as well as real estate developments in both locations,' Jeet Adani said. Adani Group New Terminals Plan Adani Group also has plans to build new terminals over the next four years in cities like Ahmedabad, Jaipur, and Thiruvananthapuram, while the recently built terminal in Lucknow will be expanded. A new terminal in Guwahati is already ready and expected to become operational by October–November this year. Jeet Adani clarified that the group has no plans to expand abroad for now. 'We see tremendous opportunities within India and don't want to dilute our focus. At the end of the day, it's about our management bandwidth and where we want to deploy capital. India is poised for significant growth over the next 10–15 years,' he said. He also noted that 26 airports in India have already been identified for development under the Public-Private Partnership (PPP) model. Investment In Navi Mumbai Airport Adani Group has merged Phase 1 and Phase 2 of the Navi Mumbai International Airport (NMIA) project. Instead of launching with a 1 crore passenger annual capacity (CPA), it will now begin operations with a 2 crore CPA. The airport is being developed with an investment of Rs 19,000 crore, and work on Terminal 2 has already begun.
News18
4 days ago
- Business
- News18
Navi Mumbai: NMI Boarding Passes Start This September, Check Which Airlines Are Onboard
Last Updated: Spread across 1,160 hectares, NMIA boasts two parallel runways spaced 1.55 km apart, with top-tier infrastructure already in place for Phase 1 and 2 operations. By the end of September, travellers will be handed boarding passes marked with a brand-new airport code: NMI — standing for Navi Mumbai International Airport. After years of anticipation, Mumbai's second international airport is preparing to welcome its first wave of passengers. Located in Ulwe, the airport is set to ease the load off Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA), which is bursting at the seams handling over 50 million passengers a year. When Will Flights Begin? As per Hindustan Times, domestic flights from NMIA are likely to begin post-monsoon, with international services scheduled for mid-2026. According to Maharashtra's Chief Minister Devendra Fadnavis, the first flight will take off by September 30. Which Airlines Are Coming Onboard? Major Indian carriers are lining up to operate from the airport. Initial operations will see 8–10 aircraft movements per hour, which will gradually scale up to 30 by mid-2026. The twin parallel runways can eventually handle 45 movements per hour. How Easy Is It to Get There? The airport boasts world-class multi-modal connectivity, including road, rail, metro, and even sea routes. The Atal Setu bridge has already reduced travel time from South Mumbai to just 40 minutes. Thane and Pune will also be accessible within 1–2 hours, making NMIA a convenient option for flyers across the Mumbai Metropolitan Region. Built at a cost of Rs 16,700 crore, NMIA is India's most advanced greenfield airport, second only in size to Delhi's IGI Airport. It will initially cater to 20 million passengers, with a vision to scale up to 90 million by 2040. view comments First Published: July 21, 2025, 16:08 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
7 days ago
- Business
- Time of India
60 flights a day from Navi Mumbai airport from October: Will scale to 300 in six months, says Adani Airports director Jeet Adani; to offer real-time updates via app
Image Credit: Adani Group AHMEDABAD: Navi Mumbai International Airport (NMIA) is likely to be inaugurated around Sep 30, and within a fortnight operations will start with 60 daily flights, reaching up to 300 in six months, Adani Group director (airports) Jeet Adani told TOI exclusively on Friday. He said the demolition of T1 at Mumbai (CSMIA) will be completed in 2029-30 once NMIA gets its second terminal, reports Saurabh Sinha. The new T1 at CSMIA will be ready by 2032. Work has started on NMIA T2 and construction will begin in 6-12 months of the new airport getting operational. He said the Adani Group has asked the Airports Economic Regulatory Authority to consider CSMIA and NMIA as one airport with common charges. When general aviation flights are shifted to Navi Mumbai next year, charters and business jets will continue to fly into CSMIA but will not be allowed to park. The much-awaited Navi Mumbai International Airport (NMIA) will see both domestic and international flights this Oct, a week to 15 days after inauguration on or around Sep 30. Starting with 60 daily flights (30 arrivals and as many departures) in the first month, the number will double after 30 days and then reach the 240-300 mark in six months. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo In its first phase, with a capacity of 2 crore passengers annually (CPA), the greenfield airport will handle 400 daily flights within a year, Adani Group director (airports) Jeet Adani told TOI on Friday in an exclusive interaction. "We aim to have both domestic and international operations at NMIA from day one. If that does not happen for some reason, both will start for sure within the same month (Oct). The ratio of domestic and international flights will be 4:1 as T1 domestic capacity is 1.7 CPA and int'l is 30 LPA (lakh per annum). We have the flexibility to increase international passengers, based on demand," Adani said. While in its initial days connectivity may be an issue, eventually NMIA will be well-connected with a network of roads, rail, metro, air taxis and water connectivity. An aerocity is being developed that will, among other things, have hotels in all ranges from budget to luxury. "We have kept a digital first mindset at NMIA T1 with every service going to be digitally enabled from day one and the airport will be managed in a smart manner. From a consumer point of view, we will be able to give all the information in real time. Logging on to Adani One app, passengers will be able to know that their check-in bag is now on belt number so & so and we plan to do it from the day the airport gets operational. There will be no need to congregate at the belt and keep looking for one's check-in bag/s," Adani said. The digital footprint aims to change flyer "anxiety to excitement". "What are the biggest flyer concerns? 'Will I miss my flight? How long are the queues at various touchpoints? I forgot to pick up something for loved ones!' Scanning the boarding card will give all info on the app. So if you're able to give them information that 'relax, your walking time to gate is exactly so many minutes or that boarding hasn't started or your aircraft hasn't even landed yet, they will be able to comfortably explore the airport'," he said. Running both Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) and NMIA, the group has identified catchment areas for both. For people in the northern suburbs of Mumbai like Borivli, Kandivli and Virar, NMIA will be a long way off and they will continue to opt for CSMIA. "The eastern Mumbai catchment area all the way to Pune will find NMIA perfect for them as they won't have to enter the city. South Mumbai will be equidistant from both airports," Adani said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
7 days ago
- Business
- Time of India
60 daily flights from Navi Mum by mid-Oct: Adani Airport head
Ahmedabad: Navi Mumbai International Airport (NMIA) is likely to be inaugurated around Sep 30, and within a fortnight operations will start with 60 daily flights, reaching up to 300 in six months, Adani Group director (airports) Jeet Adani told TOI exclusively on Friday. He said the demolition of T1 at Mumbai (CSMIA) will be completed in 2029-30 once NMIA gets its second terminal, reports Saurabh Sinha. The new T1 at CSMIA will be ready by 2032. Work has started on NMIA T2 and construction will begin in 6-12 months of the new airport getting operational. He said the Adani Group has asked the Airports Economic Regulatory Authority to consider CSMIA and NMIA as one airport with common charges. When general aviation flights are shifted to Navi Mumbai next year, charters and business jets will continue to fly into CSMIA but will not be allowed to park. The much-awaited Navi Mumbai International Airport (NMIA) will see both domestic and international flights this Oct, a week to 15 days after inauguration on or around Sep 30. Starting with 60 daily flights (30 arrivals and as many departures) in the first month, the number will double after 30 days and then reach the 240-300 mark in six months. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Hyundai Palisade: Bold Redesign Unveiled! New Hyundai 2025 Learn More Undo In its first phase, with a capacity of 2 crore passengers annually (CPA), the greenfield airport will handle 400 daily flights within a year, Adani Group director (airports) Jeet Adani told TOI on Friday in an exclusive interaction. "We aim to have both domestic and international operations at NMIA from day one. If that does not happen for some reason, both will start for sure within the same month (Oct). The ratio of domestic and international flights will be 4:1 as T1 domestic capacity is 1.7 CPA and int'l is 30 LPA (lakh per annum). We have the flexibility to increase international passengers, based on demand," Adani said. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai While in its initial days connectivity may be an issue, eventually NMIA will be well-connected with a network of roads, rail, metro, air taxis and water connectivity. An aerocity is being developed that will, among other things, have hotels in all ranges from budget to luxury. "We have kept a digital first mindset at NMIA T1 with every service going to be digitally enabled from day one and the airport will be managed in a smart manner. From a consumer point of view, we will be able to give all the information in real time. Logging on to Adani One app, passengers will be able to know that their check-in bag is now on belt number so & so and we plan to do it from the day the airport gets operational. There will be no need to congregate at the belt and keep looking for one's check-in bag/s," Adani said. The digital footprint aims to change flyer "anxiety to excitement". "What are the biggest flyer concerns? 'Will I miss my flight? How long are the queues at various touchpoints? I forgot to pick up something for loved ones!' Scanning the boarding card will give all info on the app. So if you're able to give them information that 'relax, your walking time to gate is exactly so many minutes or that boarding hasn't started or your aircraft hasn't even landed yet, they will be able to comfortably explore the airport'," he said. Running both Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) and NMIA, the group has identified catchment areas for both. For people in the northern suburbs of Mumbai like Borivli, Kandivli and Virar, NMIA will be a long way off and they will continue to opt for CSMIA. "The eastern Mumbai catchment area all the way to Pune will find NMIA perfect for them as they won't have to enter the city. South Mumbai will be equidistant from both airports," Adani said.
Fashion Value Chain
17-07-2025
- Business
- Fashion Value Chain
Future-Proof Living: Why Generations Trust the Hiranandani Name
In an era defined by market volatility and evolving investor priorities, Hiranandani properties continue to stand out as stable, high-performing assets. Backed by visionary urban planning and an unwavering commitment to sustainability, Hiranandani townships are not just homes – they are resilient investment ecosystems. Hiranandani Gardens, Powai, once a 250-acre quarry, is now a thriving urban hub. As per Knight Frank India's 2024 Real Estate Report, the area has seen over 300% capital appreciation in two decades, thanks to infrastructure, green cover, and holistic planning. Similarly, Hiranandani Estate, Thane, commands premium rental yields of 3-4% and enjoys lower vacancy rates, according to Anarock Research (2023). Each Hiranandani township functions as a self-sustained micro-economy, integrating commercial zones, schools, hospitals, and IT parks. Hiranandani Fortune City in Panvel is strategically located near the upcoming Navi Mumbai International Airport, Mumbai Trans Harbour Link, and Panvel-Karjat Rail Corridor, connectivity drivers that, according to JLL India (2024), are expected to boost property values by 25-30% over the next five years. Properties in Mumbai and Chennai continue to draw both investors and end-users. The walk-to-work model, high-end amenities, and community-centric lifestyle ensure sustained rental income and occupancy. As per Magicbricks Propindex Q1 2024, Hiranandani homes consistently outperform metro benchmarks in both yield and capital value. With over 46,634 trees planted, 4 million litres of water recycled daily, and solar integrations, Hiranandani's green townships are ESG-ready. CBRE India (2024) notes that green-certified homes now fetch 8-10% higher value in the market. With over four decades of delivery excellence and transparent governance, Hiranandani stands as a symbol of credibility in Indian real estate. 'We don't just build homes, we build legacies of growth and trust,' says Dr. Niranjan Hiranandani. For more information, visit
