Jet Airways, Godrej set to develop Bandra-Kurla land

Mumbai: Decks have been cleared for Jet Airways’ proposed deal with Godrej Properties (GPL) to jointly develop a 2.5-acre land parcel at the suburban business district of Bandra Kurla Complex (BKC) in Mumbai, a project that was hanging fire for some time now.
Although an agreement to jointly develop the land had been signed between the two, the deal could not be closed since Jet Airways was awaiting a permission from the Mumbai Metropolitan Regional Development Authority (MMRDA), responsible for planning and development of the metropolitan area of Mumbai city.
23/04/11 Shaheen Mansuri/Finacial Express

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Categories: Jet Airways Apr 2011