New Delhi: GMR Group-controlled Delhi International Airport Ltd (DIAL) has awarded 9 lakh sq.m of land at Aerocity in the capital to Bharti Realty for development, the company said in a statement on Wednesday.
The deal will fetch ₹363.5 crore in annual lease and ₹1,873 crore one-time payment to DIAL, the airport operator said after a board meeting cleared the deal.
The proposed land development will add value to the existing Delhi airport ecosystem, the company said.
