Adani commits ₹20,000 cr to build airport cities across six Indian hubs
Adani Airport Holdings will develop 655 acres and 22 million sq ft of hospitality, retail, F&B, entertainment and convention space across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. Mumbai and Navi Mumbai absorb 440 acres and 70% of capex. IHG partnership brings Kimpton's India debut among five hotels.
Adani Airport Holdings will invest over ₹20,000 crore to build integrated airport cities across six Indian airports, spanning 655 acres and 22 million sq ft of hospitality, retail, F&B, entertainment and convention space, partnering IHG including Kimpton's India debut.
Why this matters
Builds on Adani's ₹1 lakh crore airport buildout plan and recent Mundra commercial launch, extending the group from aviation infrastructure into integrated airport-adjacent retail and hospitality real estate.
Retail-company signals holding steady at 3,830 over the past 90 days.