The airport is slated to have an ultra modern shopping arcades and food courts that will house the best known international brands.
HYDERABAD: If you have the urge to splurge, a trip to the airport could soon be the best option. The Mumbai Airport is slated to have an ultra modern shopping arcades and food courts that will house the best known international brands.
Jones Lang LaSalle (JSL) has been appointed to identify potential tenants at the proposed facilities that will be created before and after the security clearance area.
”The shopping area will sport the best known international brands and restaurant chains,” GVK Reddy, chairman, Mumbai International Airport Ltd, told DNA Money, elaborating on the Rs 5,200 crore investment plan for the Mumbai airport. The airport will have new lounges after the security clearance area so that passengers do not have to waste time after checking in. While Indian and Jet Airways have their own lounges at the airport, others do not. Kingfisher and Sahara, too, will have exclusive lounges soon, Reddy said. Meanwhile, GVK will set up three subsidiary companies that will take up airport related activities. The first of these will take up development of alternative dwellings for the 85,000 odd families living in the slums surrounding the Mumbai International Airport.
It will identify the proposed location of the accommodation that will be a mixed-used property housing multi-storied dwelling units and commercial spaces for the residents.
The company needs of 300 acres of land to relocate the families currently occupying 265 acres on the path to a second runway for the airport.
Nearly 130 buildings that include the hangers of Indian and Air India apart from the slums will have to be removed if the second runway has to come up to ease congestion at the Mumbai airport, the chairman of India’s busiest airport said.
”We would like to complete project before 2010,” he said. MIAL has appointed a consultancy MM Consultants to conduct a survey of the slum area and identify families living there. The collector of Pune will certify the survey, Reddy said.
GVK will also set up two other firms to bid for the proposed Navi Mumbai Airport project and the smaller cluster airports that the government is proposing to throw open for development by the private sector.
MIAL has the right of first refusal for the Navi Mumbai project besides additional points in the bidding for the project on account of taking up the Mumbai airport development, Reddy said. At the same time MIAL has suggested to the state government to revive the unused Juhu airstrip to enable smaller private aircraft and helicopters to land. With an increasing demand from corporates for such services the airstrip is expected to have enough clientele.
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