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Commercial developments planned for Delhi-Mumbai airports

01-Aug-2005
Commercial developments planned for Delhi-Mumbai airports
Indian Government announced plans to earmark a greater portion of land at Delhi and Mumbai airports for retail developments and recreational activities.

At present, total commercial development is restricted to 10% of airport land. Commercial revenues account for 22% of total revenues at the airports, compared to the international benchmark of 50-60%. The Empowered-Group of Ministers (E-GoM) is due to submit a concession agreement to the Government, proposing the following revised breakdown of the land available for commercial development:

  • Commercial developments for recreational activities 25%;
  • General commercial developments, including retail 25%;
  • Commercial land for airport operations 50%.