Bengaluru, June 25 -- Adani Airport City Ltd, a subsidiary of Adani Airport Holdings Ltd, on Thursday unveiled a plan to develop integrated airport cities across its airport network, bringing together hospitality, retail, entertainment, convention and commercial infrastructure.

The development will see an investment of over Rs.20,000 crore in the first phase. Around 22 million sq. ft will be developed across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati, according to a company statement.

The development will take place over 655 acres of land, across six airports in five states, it said. Of this, nearly 440 acres are in Mumbai and Navi Mumbai alone. Nearly 70% of the planned investment will be concentrated in Mumbai and Na...