AAI acquires 19.06 acres near Chennai airport for ₹278 crore
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The Airports Authority of India has bought 19.06 acres of land on the GST road near Chennai International Airport from AI Assets Holding for ₹278 crore, and the property has now been officially handed over to the authority.
Chennai International Airport processes about 400 tonnes of export cargo and 800 tonnes of import cargo each day, a volume roughly 30% higher than the previous year, while lorries and private buses queuing on the GST road are causing severe traffic congestion; the Chennai Metropolitan Transport Authority has suggested moving the cargo terminal to the airport's rear area to ease the congestion, and the Airports Authority of India is reviewing three major long‑term plans for the newly acquired land.