New Delhi: Delhi airport operator DIAL Wednesday said it has awarded the rights for a commercial development project to a consortium led by Bharti Realty that will make an annual payment of Rs 363.5 crore towards lease rentals till 2036.
Besides, Bharti Realty will make one-time payments of around Rs 1,837 crore, the Delhi International Airport Ltd (DIAL) said in a release.
DIAL, majority-owned by GMR group, operates the Indira Gandhi International Airport in the national capital.
Bharti Realty has been awarded the "right to design, develop, finance, construct, operate, manage and maintain a commercial development project at Gateway and Downtown Districts of Aerocity," the release said.
20/03/19 Outlook
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Besides, Bharti Realty will make one-time payments of around Rs 1,837 crore, the Delhi International Airport Ltd (DIAL) said in a release.
DIAL, majority-owned by GMR group, operates the Indira Gandhi International Airport in the national capital.
Bharti Realty has been awarded the "right to design, develop, finance, construct, operate, manage and maintain a commercial development project at Gateway and Downtown Districts of Aerocity," the release said.
20/03/19 Outlook
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