Greenfield cargo airport on anvil in Alwar

In a major boost to aviation sector, the aviation ministry has recently approved a Green Field Cargo Airport in Alwar district of Rajasthan in NCR to facilitate business on Delhi-Mumbai Industrial Corridor (DMIC). The mega project will be set up on 636 hector of land in the first phase for developing Kotkasim aerocity. The airport is likely to turn areas of Kotkasim and Tejara Tehsil into one of the biggest cargo and logistics hub in North India. The industrial towns in the region such as Bhiwadi, Rewari, Neemrana, Manesar will benefit most with this initiative. This project is also believed to have a lateral effect on nearby real estate market especially Bhiwadi in boosting economic activities in the region, generating huge job avenues. Being in NCR and catering strongly to DMIC corridor, the project will attract a lot of economic and investment opportunities raising demand for workforce. As a tangential effect, the demand for properties especially affordable housing is touted to increase manifold in future, said, MD, BDI Group, Sumit Berry. Bhiwadi the industrial hub of Rajasthan, is well connected to Delhi, Jaipur and Alwar as the city has around 2,700 industries which include steel mills, furnaces to automobile and electronics manufacturing, he added.