Delhi International Airport Limited Awards the Commercial Development Rights at Aerocity, Delhi to a consortium led by M/s Bharti Realty


Khaitan & Co advised Delhi International Airport Limited (DIAL) on the transaction

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.

With the development of commercial projects, DIAL shall move one step closer to its vision of creating an integrated commercial business district for the growth of airport and the associated community.

Delhi International Airport Limited operates, maintains, and manages Indira Gandhi International Airport in Delhi, India. It also provides allied services. The company was incorporated in 2006 and is headquartered in New Delhi, India.

Khaitan & Co advised Delhi International Airport Limited on the transaction with a team including Rajiv Khaitan (Picture), Dibyanshu, Prateek Bhandari and Prashant Singh.

Involved fees earner: Dibyanshu – Khaitan & Co.; Rajiv Khaitan – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Delhi International Airport Private Limited;

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Author: Michael Patrini