GMR gets land auction go ahead
Hyderabad-based GMR, the developer of the Delhi International Airport (DIAL), has got a big relief from the government which has cleared its proposal to auction land in Delhi airport. The company expects to net a few thousand crore with the help of this land deal. GMR, can now sell 63 acres of the 250 acres available. This comes almost after a year of wrangling between the company and the government, which was unhappy with the deal structure.
