With a 15% decline in passenger footfalls, and aircraft movements down to 600 from 750 per hour, the Mumbai airport can no longer afford to be just the countrys largest airport.
So, Mumbai International Airport (MIAL), the company modernising the airport, has jumpstarted the process of tranforming around 200 acre real estate around both the Santa cruz and Sahar airports exclusively for non-aeronautical purposes like retail, commercial and hospitality.
UTVI learns that MIAL has short-listed three independent consultants to conduct a valuation of the entire property, and also bring in partners during the bidding stage.
Source : utvi.com
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