Latest news with #NaviMumbaiInternationalAirport
Time of India
3 days ago
- Business
- Time of India
Vadhavan airport plans, hydrogen rail milestone & road policy reset: What was important in the week gone by!
Hello Readers, The country will soon see the development of another greenfield airport as the government of Maharashtra focuses on developing an airport in Vadhavan, located in the Palghar district of western Maharashtra. It is learnt that the pre-feasibility study of the airport has already begun. Once completed, the region will have three airports, including Navi Mumbai International Airport and Mumbai International Airport, significantly increasing air connectivity and cargo transport potential in Maharashtra. The government plans to integrate the proposed airport with under development all-weather deep draft Vadhavan Port, which is aimed at creating a major logistics and trade hub. Read the full story Advt A joint venture between Spain's TYPSA and Italy's RINA is set to win the consultancy contract for the mega Vadhavan Port, a critical link in India's maritime infrastructure government will soon notify a revamped Model Concession Agreement (MCA) for Build-Operate-Transfer (BOT) toll road projects, aiming to address investor concerns and revive interest in private sector road a record ₹1.14 lakh crore allocated to improve rail safety in the country, fatalities continue on Mumbai's overcrowded and aging rail network, raising concerns over implementation a clean energy milestone, India successfully tested its first hydrogen-powered rail coach at the Integral Coach Factory (ICF) in Chennai—marking a step toward greener public story stood out for you this week? Send us your thoughts and suggestions as we continue curating India's top infrastructure headlines.
Hans India
4 days ago
- Business
- Hans India
Navi Mumbai Real Estate Boom 2025: Why Developers Are Racing to Launch New Projects
With over 46 new project launches in just the first half of 2025, developers across Panvel , Taloja, Kharghar and Vashi are racing to bring new inventory to market — and the reasons are rooted in infrastructure milestones, shifting buyer behavior, and long-term investment optimism. To decode this trend, we explored ground-level insights from property experts at Revaa Homes , a Navi Mumbai-based advisory known for helping homebuyers and investors navigate the region's evolving real estate landscape. There's a boom underway. Not the kind that makes headlines for a week and fades. But the kind that rewrites entire maps. And if you're a homebuyer or investor watching Navi Mumbai — this might just be your signal. What's Fueling This Unstoppable Boom? The 2025 Navi Mumbai real estate momentum is not just hype — it's infrastructure-driven, investor-backed, and developer-fueled. Let's break it down with facts: Infra That's Changing Everything: • Navi Mumbai International Airport – now 57% complete, with commercial flights expected post-October 2025 • Mumbai Trans Harbour Link (MTHL) – operational since Jan 2024, connecting Sewri to Nhava Sheva, cutting travel by 40 minutes • Metro Lines 1 & 2 – Phase-wise rollout expected by end 2025 • Panvel–Karjat Rail Corridor – 67% complete, slashing commute by 30+ minutes • CIDCO's NAINA zones, Taloja Phase 2 & Pushpak Node are opening up new development frontiers At Revaa Homes, they're seeing families and investors planning not just for a home — but for a future-proof lifestyle. Why Are Developers Racing to Launch Projects? This is not a small ripple. It's a builder stampede. And the reasons are very real. Based on our internal data and recent news: Between Jan–June 2025: • 46+ new projects launched across Navi Mumbai • 60%+ of these in Panvel, Taloja, Kharghar Ext, and Kalamboli • Developers launching before approvals, just to lock buyer interest • Major players like DLF, Sunteck, and Macrotech ramping up launches Expert Sound Bites That Tell the Story 'We expect Navi Mumbai to become India's most resilient micro-market by 2027 — backed by infrastructure, affordability, and investor confidence.' — Anarock Property Consultants 'Panvel is no longer the 'next big thing.' It is the big thing. Every launch we track here is moving faster than pre-2020 levels.' — Real Insight Weekly, 'This is not a developer frenzy. It's a calculated window before infra unlocks value. Smart builders are just timing it right.' — Market Research Head, Revaa Homes 'Most of our clients are working professionals from Mumbai who missed Thane in the 2010s and don't want to miss Navi Mumbai now.' — Priyanka D., Senior RM, Revaa Homes Price Trends That Prove the Boom The market isn't just buzzing — it's moving. • In New Panvel, rates have surged 12–18% YoY • Commercial launches are absorbing faster than residential in some pockets • Navi Mumbai homes priced ₹1.5–2 Cr+ saw record registration & revenue growth, touching ₹6,699 Cr in H1 2025 Who's Buying? Why Now? It's no longer just investors. It's working families from Andheri, Dombivli, Pune, even NRIs looking for: • Affordable space • Long-term capital growth • Better air, open skies, and kids-safe neighborhoods "We missed the Thane boom. We won't miss this." — A first-time investor in Upper Kharghar "I never thought we'd get a home near a future international airport. It just makes sense now." — Couple relocating from Chembur Revaa Homes' Advice for Buyers in 2025 Let's cut through the noise. Here's what we tell every single buyer we consult — and now, you: 1. Follow Infrastructure, Not Just Price Look at projects nearby: • Metro stations (Kalamboli, Kharghar) • Airport zones (Pushpak Node, Dapoli, Ulwe) • Rail corridors (Panvel–Karjat) 2. Study the Builder's Intent Some are here to build. Some are here to cash in. If timelines are vague or RERA missing — step back. 3. Don't Skip Commercial Real Estate 2025 is the perfect entry year for offices and retail. Panvel is emerging as the next BKC with seamless MTHL and airport access. 4. Use Hyperlocal Experts Big portals don't show you: • Access road issues • Livability factors • Surrounding zone plans That's what Revaa Homes does — we walk the site with you, literally. Quick Market Snapshot: Panvel & Taloja Factor Details Project Surge 60% of 2025 launches in Panvel-Taloja Price Growth belt 55% over 10 years; 18% YoY Infrastructure Edge MTHL + Airport + Metro + Rail = High ROI Future Potential CIDCO's NAINA Townships, Pushpak Node, EduCity Mini FAQ: Your Navi Mumbai Questions — Answered Q: Is this the right time to buy? Yes. Builders are launching before infra gets completed. Post-2025 prices may jump due to scarcity and demand. Q: Will Taloja or Panvel give better returns? Both have potential. Panvel for long-term infra proximity, Taloja for affordability + metro access. Q: Can I trust pre-launch projects? Only if RERA-registered and backed by verified developers. Always check title, approval status, and completion timeline. Q: What if I want to invest ₹30–50L only? Go for Taloja Phase 2, Kalamboli or NAINA-permitted zones. These are underpriced and metro-connected. Final Word — From Someone Who's Lived It As Navi Mumbai edges closer to becoming India's next integrated real estate hub — backed by major infrastructure like NMIA, MTHL, and Metro connectivity — the region is attracting not just developers, but a growing community of informed, future-ready homebuyers. While the momentum is undeniable, industry experts urge buyers to prioritize verified projects, infrastructure-aligned micro-markets, and guidance from trusted local advisors. As the team at Revaa Homes emphasizes, 'In a market moving this fast, the right decision isn't just about price — it's about timing, location, and long-term confidence. This article includes insights and commentary from Revaa Homes, a Navi Mumbai-based real estate firm specializing in hyperlocal buyer and investor advisory. For more on Navi Mumbai real estate trends, visit
India.com
22-07-2025
- 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
21-07-2025
- 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
19-07-2025
- 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
