The second international airport for the Mumbai Metropolitan Region — India's most significant greenfield aviation project driving land appreciation across the entire MMR and Raigad corridor
Navi Mumbai International Airport (NMIA) is the second international airport planned for the Mumbai Metropolitan Region. Located in the Ulwe area of Navi Mumbai, Raigad district, it is being developed under a Public-Private Partnership (PPP) model through a joint venture between Adani Airport Holdings (74%) and CIDCO (26%). The project aims to reduce congestion at Mumbai's existing airport and support the region's rapidly growing passenger and cargo demand.
Key specifications and investment significance of the NMIA project
| Detail | Information |
|---|---|
| Airport Name | Navi Mumbai International Airport |
| IATA Code | NMI |
| ICAO Code | VANM |
| Location | Ulwe, Navi Mumbai, Raigad District |
| Total Area | ~1,160 hectares |
| Airport Type | Greenfield International Airport |
| Operator | Navi Mumbai International Airport Limited |
| Ownership | Adani Airports (74%) | CIDCO (26%) |
The upcoming Navi Mumbai International Airport (NMIA) is the most significant infrastructure project driving land appreciation in the MMR region. Its lotus-flower inspired terminal design reflects India's cultural identity while delivering world-class aviation infrastructure.
From concept to operational — the journey of India's newest international airport
Proposal for a second airport in the Mumbai region was introduced to address growing aviation demand.
Government of India approved the Navi Mumbai airport project, clearing the way for planning and development.
The airport development project was awarded to a private operator under the PPP model.
Groundbreaking ceremony held and construction work started on the greenfield airport site in Ulwe.
Adani Group acquired the project and accelerated construction timelines significantly.
Airport inaugurated and commercial flight operations commenced — transforming land values across the surrounding MMR corridor.
Phased expansion from 20 million to 90 million passengers annually
Once fully developed, NMIA will become one of India's largest aviation hubs — handling both passengers and cargo at scale to serve the entire MMR and western India.
| Phase | Passenger Capacity |
|---|---|
| Phase 1 | 20 million passengers / year |
| Phase 2 | ~50 million passengers / year |
| Final Phase | Up to 90 million passengers / year |
Cargo Handling Capacity:
Initial phase: ~0.8 million tonnes / year
Final phase: 3+ million tonnes / year
The airport terminal design is inspired by the lotus flower — representing India's cultural identity while providing modern aviation infrastructure. Both domestic and international flights are handled in a single integrated complex.
A true multi-modal transport hub with world-class sustainable infrastructure
The airport is planned as a multi-modal transport hub with road, metro, rail and water transport connectivity — making it one of the best-connected airports in India.
NMIA is designed as one of India's most sustainable airports — with on-site renewable energy, smart resource management and electric ground operations.
47 MW solar power generation capacity
Rainwater harvesting systems
Wastewater recycling infrastructure
Electric vehicles for airport ground operations
Smart energy management systems
Why NMIA is the most significant driver of land appreciation in the entire MMR region
Our land parcels are strategically positioned within the airport influence zone — in Ulwe, Dronagiri, Panvel and NAINA-adjacent areas that directly benefit from NMIA's operational status and expansion.
NMIA is expected to create 200,000+ jobs, expand logistics and cargo infrastructure, grow commercial and business districts, and drive a significant rise in residential land demand — all within the surrounding 15–25 km zone.
With the airport now operational and Phase 2 expansion underway, land values in the surrounding corridor are appreciating rapidly. Early investors in Naksh Earth India's NMIA-adjacent plots are already seeing strong returns.
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