Actor Sonu Sood and his son Eshaan have bought land worth Rs 1.05 crore in Shirdon, Panvel Taluka, Maharashtra, with the deal officially registered in October 2025.
The new airport, spread over 1,160 hectares, is set to significantly boost India’s aviation capacity and ease the heavy traffic burden on Mumbai’s existing Chhatrapati Shivaji Maharaj International Airport.
The Gautam Adani-led group is in discussion with major entities, including the State Bank of India, HDFC Bank, Singapore’s Temasek Holdings
Modi will preside over the launch of the Navi Mumbai International Airport on October 8 alongside billionaire Gautam Adani
According to data from real estate consultant InvestoXpert, in the Yamuna Expressway region, plot values skyrocketed 536%, from Rs 1,650 to Rs 10,500 per sq ft, between 2020 and 2025. Similarly, developers and brokers report 200–300% appreciation in select pockets near the Navi Mumbai airport over the past five years.
Mumbai's new airport will eventually become the city's main airport unlike Delhi NCR's Jewar airport, which is expected to play a 'secondary role' to the IGI Airport.
Passengers flying out from the airport, which is to be operational later this year, will have to shell out Rs 620 for domestic flights
IndiGo will shift part of its operations to the new airport, according to people familiar with the matter. Tata Group’s low-cost carrier Air India Express and smaller rivals SpiceJet and Akasa are also in discussions to eventually relocate all of their operations.
The touchdown of a commercial aircraft validates and establishes the synchronised functioning of Instrument Approach Procedures at NMIA.
The first phase will have a capacity to handle 2 crore passengers per annum. Commercial operations at this airport, second in the Mumbai Metropolitan Region after the Chhatrapati Shivaji Maharaj International Airport, is expected to begin by March-April, 2025
While large developers have explored the area, they are waiting for the airport's completion and more economic activity before undertaking business development near the Navi Mumbai Airport
Although L&T did not disclose the exact financial value of the order, it is known to be within the range of Rs 2,500-5,000 crore, which is categorized by the company as a large order.
Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Mohol visited the airport site and reviewed the progress of the ongoing work.
The airport code, also known as a location code, is a three-letter geocode assigned to airports and metropolitan areas around the world, defined by the IATA.
The project, worth almost Rs 18,000 crore, will be completed in five phases, aviation minister Jyotiraditya Scindia said.
Owing to the upcoming Navi Mumbai International Airport, there was a height restriction of 55 metres (15-16 floors) on buildings in a radius of 20 km around the airport. That has now been relaxed to 160 metres (48 floors).
He said GVK Group, a leading corporate entity that is constructing the Navi Mumbai International Airport (NMIA), is financially sound.
Some of the most posh streets in Mumbai are named after personalities like Balasaheb Gangadher Kher, Naushad Ali, and Balasaheb Deoras, among others. Here's a look at these leaders' contributions, and why these particular streets (and neighbourhoods) are named after them.
The country's largest lender will contribute around Rs 4,500 crore of the total funding required for the Rs 16,000-crore airport project.
In February this year, Prime Minister Narendra Modi laid the foundation stone for the airport.
It can be noted that state chief minister Devendra Fadnavis has repeatedly been saying that the work on the first phase of the Rs 16,700-crore Navi Mumbai International airport will be completed by the end of 2019.
The airport will be built in two phases, he said in the state Assembly while replying to supplementaries put up by Jayant Patil (of the NCP), to the main question raised by Prithviraj Chavan (of the Congress).
In the letter, GVK suggested that 60 percent of the total cost for the event be borne by the nodal plan authority Cidco and the JNPT, both state-run entities.
Petition accuses authorities of violating environmental laws and not complying with the original plan.
The implementing agency City and Industrial Development Corporation (CIDCO) has been claiming that the first phase of Navi Mumbai airport with 10-million per annum capacity would be operational by 2021.