AIRPORT LAND DEVELOPMENT
The objective of Airport Land Development (ALD) is to generate revenue from non-aeronautical business verticals. Leveraging on the regional significance, excellent connectivity and the national importance and infrastructure status accorded to the airport, ALD envisions to develop the non-aero lands at the GMR Aerospace and Industrial park into business destinations. This further aims at introducing a staggering array of creative facilities in the airport’s vicinity.
The following types of developments are envisaged to be developed by the ALD. The developments can be through self-development or third party developers identified and selected through a transparent bidding mechanism or bilateral negotiations.
- Hotel developments
- Convention centres
- High-end outlet malls and Destination shopping centres
- Corporate offices
- Office buildings
- Aerospace-related facilities such as MRO, training facilities
- Industrial developments such as warehousing
- Entertainment destinations and Recreational facilities
- International sports facilities
- Local amenities
- Multi-speciality Hospitals
- Educational Institutes
- Co-Living & Senior Living
AIRPORT LAND DEVELOPMENT TEAM
GMR group is primarily associated with infrastructure development with one of the focus sectors being airports and aviation. A strong team at ALD with vertical experts having exposure in infrastructure design, planning, construction, transactions, regulatory, hospitality, warehousing, finance have been constituted to develop and create as a separate division focusing on real estate development.