Government of India has granted site clearance to Delhi Mumbai Industrial Corridor Development Corporation Limited (DMICDC) for setting up of a Greenfield Airport for public use near Bhiwadi, District Alwar, Rajasthan recently.
The timeline for construction and the budget of airport projects depends upon various factors such as land acquisition, availability of mandatory clearances, financial closure, etc. by the individual operator for which the details are submitted to Ministry of Civil Aviation during the ‘in-principle’ approval stage.