Tag: Airports Authority Of India

GMR’s Delhi Hospitality Project Hits AAI Barrier

The GMR Group-backed Delhi International Airport’s (DIAL) plans to develop a 45-acre hospitality district in the capital has hit an air-pocket. Airports Authority of India (AAI), which owns 26% in DIAL, is unwilling to raise the required fund of one thousand crore rupees for the proposed real estate development. It was decided that all the […]