NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

HVS hospitality consultants undertakes MIAL Project

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Development of about 250 acres has placed realty space on the rapid path; Mumbai International Airport Ltd. (MIAL) has selected hospitality advisors HVS Hospitality Services aiming for the potential bidders and also studying the market feasibility for the venture. The consultant is to present its report by August on the basis of which MIAL will call for bids from firms for the venture. As said by the sources at the www.propertykhazana.com, MIAL is presently renovating the Mumbai airport on a JV among group of GVK Group – Airports Company South Africa and Bidvest and the Govt. possessed Airports Authority of India (AAI).
MIAL envoy said to www.propertykhazana.com that, β€œThe consultant selected for advising and plan consultancy for hospitality has varied the land use development in HVS. Already the deal has been finalized in April and the job will start shortly. The time given for all the task is only 4-5 months, the report will mainly concentrates on market scrutiny and suggestion of development plan.” 200 acres of land is developed in different stages, but he did not state whether the Delhi model, a SPV will be created for the venture or compensation deposits will be taken back from the developers.
Plan made to the civil aviation ministry, MIAL said that the owing to the slowdown in the economy and in realty segment, the venture will get only Rs. 1,500 Crores going by the current market crisis along with the deficit in air traffic which will form a gap up to Rs. 2,500 Crores. Aftermath, the ministry has permitted MIAL to hike up to Rs. 1,600 Crores in 3-4 years by charging an airport development fees (ADF) of about Rs. 150 and Rs. 650 from domestic and abroad travelers.
As per to the sources saying at the www.propertykhazana.com, Delhi Airport was the first one in India to call for bids to set up 50 acres in its hospitality district. The venture went into uneven conditions, first with the civil aviation ministry bringing down its fiscal model over the inquiry of revenue sharing with Govt. and then as of a dreary reaction from realty firms, in which the security deposits to be given to DIAL on the land which dropped to their expectation and so formed a gap in funding for the airport innovation. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Sep 21, 2016
2 BHK APARTMENT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar , Navi Mumbai. # Sector : 20 # Area : 1055 sq ft # Cost :..
Sep 14, 2016
For Sale – Spacious 1 BHK Flats in Prime Location of Borivali East Project : Triveni, a project by Atul Corporates. Structure comprises of..
Sep 08, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 # Parking..
Aug 28, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 #..
Aug 27, 2016
For Sale – Luxurious 3 & 4 BHK Flats in Prominent Location of Matunga East Mody Kunj in Matunga East, near Kings Circle is a..
Aug 17, 2016
# Location : Kharghar , Navi Mumbai. # Area : 1000 sq ft # Cost : 8500000 # Parking : 1 Covered # Bed : 2 Bedroom # Balcony : 2 balcony #..
Jul 25, 2016
Primo is one of the residential developments of Ceear Realty, located in Mumbai. The project is designed by Architect Hafeez Contractor. It offers..
Apr 06, 2016
This 1 bhk flat is a specious flat with all modern amenities like gym, Swimming pool, Children play area etc.This flat has a west facing and a..
spacer

Apartments, Flats and Property for Rent in Mumbai

Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
Aug 11, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 835 sq ft # Rent : 13000 # Deposit : 50,000 # Parking : open # Balcony : balcony #..
Jun 23, 2016
1 BHK flat for rent at kharghar Location : sector - 12 Area - 559.00 Rent - 15000 Station, mall, colleges at reachable..
Jun 21, 2016
Amazing flat at kharghar for sale..
Jun 04, 2016
A spacious and unfurnished 1 bhk apartment for rental in mayuresh residency situated opp. Asian paints, Lbs marg, Bhandup west. This flat is..
Dec 09, 2015
Fully Furnished Condo in Royal Palms, Goregaon East. Area : 344 sq.ft., Rent : Rs.11000/-, Deposit : Rs.30000/-, Flat is on 3rd floor out of 7..
Oct 15, 2015
Unfurnished Property Description Elegantly unfurnished 1 bhk apartment in luxurious and excellent apartment makes a definitive statement in..
spacer
spacer
spacer
spacer
spacer