MADC invites bids for 3.7-acre plot near Shirdi Airport for 5-star hotel at ₹4.49 crore reserve price

Maharashtra Airport Development Company Ltd (MADC) invited bids for a 3.70-acre plot near Shirdi International Airport to develop a five-star hotel. The reserve price is set at ₹4.49 crore, with a minimum lease premium of ₹3,000 per sq m. The successful bidder must operationalize the hotel within four years, enhancing Shirdi's appeal as a major religious destination.

Read the source (Hindustan Times Real Estate)

More from News Studio