Hiranandani mulls developing airports

Mumbai: City-based realty major Hiranandani Constructions today said it is not averse to enter airport development space in future.
"We never know what we are going to do after three months. Entering into the airport development space is not in the anvil today. We may do it tomorrow," Group founder Niranjan Hiranandani said.
India is rapidly expanding its airports, ports and city infrastructure. Many real estate players are entering into the space sensing huge opportunities.
"We are not entering into the area in the short-term but there is a possibility in the long-term," Hiranandani said while declining to give an exact time-frame.
To a question if the company wants to tap the capital market, he said there are no immediate plans but it may look at tapping overseas markets.
15/07/07 PTI/Economic Times

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Categories: Airports Jul 2007