Arora Group, a UK-focused private group of companies, has submitted plans to the UK Department for Transport (DfT) for a new terminal and runway at the UK's Heathrow Airport.

The new plans are said to save up to £6.7bn when compared to the estimated £17.5bn expansion proposed by Heathrow Airport Limited (HAL).

The group has commissioned a review of HAL’s plans, noting that there are cheaper and better solutions to expand Heathrow and address the need for increased airport capacity in the South East.

A team of infrastructure and aviation experts, including Bechtel, have been selected to provide an initial assessment on potentially improved delivery options for Heathrow Airport.

The Group chairman and founder Surinder Arora now wants the UK Government to look carefully at its proposals.

The plans include a £1.7bn saving to the terminal design and taxiway system, as well as a £2.1bn saving achieved by scrapping the Terminal 2 expansion and construction of a passenger transit system.

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According to Arora, the adoption of plans would lead to 20% less land being taken up, while the adoption of increased parking would minimise demolition and groundwork.

It is expected that the cost of the scheme would be reduced in by £5.2bn, without significant amendments to the government’s North West Runway plans.

"We have brought together some of the world’s leading experts in infrastructure and aviation to develop the proposals that we have submitted to the government."

The group also wants the government to abandon the M25 construction project, which it claims will cause a decade of inconvenience for the motorway's users.

Arora noted: "We have brought together some of the world’s leading experts in infrastructure and aviation to develop the proposals that we have submitted to the government. In addition, our own advisory board brings in unparalleled experience, including former British Airways CEO Sir Rod Eddington.

"We are now calling on the government to consider more carefully how competition can improve Heathrow's offer to passengers, and how airlines at the heart of these plans will benefit passengers."

Arora Group is involved in hotel operations, property construction and asset management.

Image: Arora Group's plan could save £6.7bn on Heathrow Expansion. Photo: courtesy of The Arora Group