Rahul Mehta Gandhinagar LsCandidate
The policy first said that airport land cannot be used for non-aero purposes. So private companies got airport land lease for cheap. Now SCjs say that airport land can be used for non-areo purposes !!! So the leaseholders will make windfall profits for low lease !!
.
http://www.financialexpress.com/india-news/delhi-airport-mumbai-airport-land-gmr-gvk-new-aviation-policy-supreme-court/813147/
.
Airport land: In big win for GMR, GVK, Supreme Court allows non-aero use, overturns rule in new aviation policy
.
The Supreme Court on Thursday ruled that the benefits of a liberalised land development policy should also be given to existing developers of airports. The directive comes as a relief to the GMR group-led Delhi International Airport and the GVK-led Mumbai International Airport.
...
- https://www.financialexpress.com/india-news/delhi-airport-mumbai-airport-land-gmr-gvk-new-aviation-policy-supreme-court/813147/
- https://external-dfw5-1.xx.fbcdn.net/emg1/v/t13/13963874989177522731?url=http%3A%2F%2Fimages.financialexpress.com%2F2017%2F08%2Fairport-l-pti-1.jpg&fb_obo=1&utld=financialexpress.com&_nc_sid=c97757&_nc_ht=external-dfw5-1.xx.fbcdn.net&stp=c0.5000x0.5000f_dst-jpg_flffffff_p500x261_q75_tt6&ccb=18-1&_nc_gid=lmLbzOuogFdmaNTkvXKOtQ&_nc_zt=3&oh=06_Q3_DAeiGaT96G7UdLMPS7zuAgJydqlMot9tVjabAMfmspoJT&oe=6AC2F830