DIAL gets green nod for Rs 1,310-cr commercial building project in Aerocity; begins phase-2 of Airport Land Development

The nodal ministry has given the environment clearance (EC) to DIAL's two proposed projects with some conditions after taking into account the recommendation of its expert committee.

Press Trust of India November 19, 2019 15:11:14 IST
DIAL gets green nod for Rs 1,310-cr commercial building project in Aerocity; begins phase-2 of Airport Land Development
  • As per the proposal, both projects will be developed in the Gateway district of Aerocity, Indira Gandhi International Airport

  • One commercial building will come up in a plot area of 20,778 square metre at an estimated cost of Rs 480 crore

  • DIAL said it has initiated the phase-2 of its Airport Land Development at Delhi Airport popularly known as Aerocity

New Delhi: The Delhi International Airport Ltd (DIAL), a GMR-led consortium, has received green nod from the Environment Ministry for the development of two commercial buildings in Aerocity at an investment of about Rs 1,310 crore, according to an official document.

The nodal ministry has given the environment clearance (EC) to DIAL's two proposed projects with some conditions after taking into account the recommendation of its expert committee.

DIAL gets green nod for Rs 1310cr commercial building project in Aerocity begins phase2 of Airport Land Development

Representational image. Reuters.

As per the proposal, both projects will be developed in the Gateway district of Aerocity, Indira Gandhi International Airport.

One commercial building will come up in a plot area of 20,778 square metre at an estimated cost of Rs 480 crore, while the other commercial building will be developed in a plot area of 32,189 square metre at an estimated cost of Rs 830 crore, the document said.

DIAL said it has initiated the phase-2 of its Airport Land Development at Delhi Airport popularly known as Aerocity, through two new precincts — Gateway and Downtown districts — planned next to the Hospitality District (Phase 1), which is currently operational.

The proposed two projects in Gateway district will help in meeting the growing commercial needs of people. It also provides state-of-the art apartments and modern terms of comfort and safety of its commercial buildings along with commercial space, nursing homes and educational institute, it added.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Vedanta gets environment clearance for Rs 12,000 crore oil and gas expansion project in Rajasthan
Business

Vedanta gets environment clearance for Rs 12,000 crore oil and gas expansion project in Rajasthan

The proposal is to expand onshore oil and gas production from the existing 3,00,000 BOPD (barrels oil per day) to 4,00,000 BOPD

Gujarat's Mithivirdi nuclear power plant to be shifted to Andhra Pradesh due to delay in land acquisition
India

Gujarat's Mithivirdi nuclear power plant to be shifted to Andhra Pradesh due to delay in land acquisition

The Centre told the NGT that the nuclear power plant proposed at Mithivirdi in Gujarat will be shifted to Andhra Pradesh due to delay in land acquisition

Marriott is betting big on India,  plans 100 hotels by 2017
Business

Marriott is betting big on India, plans 100 hotels by 2017

Marriott now wants to open at least 100 hotels by 2017 , adding to its existing count of 23 properties.<br /><br />