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DIAL achieves green nod for commercial building project in Aerocity

Tuesday, 19 Nov 2019

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The Delhi International Airport (DIAL), a GMR-led consortium, has received the environmental clearance (EC) from the Ministry of Enviornment, Forest and Climate Change (MoEF&CC) for the development of two commercial buildings in Aerocity. The projects will be developed at an investment of about Rs 1,310 crore.

MoEF&CC has given the EC to DIAL's two proposed projects with some conditions after taking into account the recommendation of its expert committee. 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 sq mtr at an estimated cost of Rs 480 crore, while the other commercial building will be developed in a plot area of 32,189 sq mtr at an estimated cost of Rs 830 crore.

DIAL has initiated the Phase-II of its Airport Land Development at Delhi Airport known as Aerocity, through two new precincts -- Gateway and Downtown districts -- planned next to the Hospitality District (Phase-I), 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.