Adani Airports have announced a sweeping programme for the creation of airport cities across their infrastructure portfolio.
22 million square feet of land across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati airports will be developed under the new initiative. Following in the footsteps of leaders such us Dubai International and Singapore Changi, Adani want to create areas for business, leisure, and living alongside India’s dynamic aviation industry.
Jeet Adani, Director of Adani Airport Holdings Limited, said:
Around the world, the most successful airport districts have become centres of commerce, tourism and urban growth. As India’s aviation market expands, airports have an opportunity to create value far beyond aviation. We are creating a network of integrated urban destinations where airports become catalysts for investment, employment, better passenger experiences and the long-term growth of the cities they serve.
The proposals will see the airport cities integrated into local transport networks while providing new retail opportunities, offices, entertainment venues, and more. IHG Hotels & Resorts have already signed an agreement with Adani for the construction of five luxury hotels across the development zones.
More than 70% of investment will be directed at Mumbai’s two airports, recognising the West coast city’s essential role in driving India’s economy. An Adani spokesperson added:
These developments are being designed with leading global design and engineering partners and informed by emerging trends in hospitality, retail, workplaces and entertainment. Our objective is to create vibrant districts that combine connectivity with experience, generating economic activity, employment and long-term value for the communities around them.
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