Airport-Driven Real Estate Surge: Greater Noida, Navi Mumbai, and Goa See Significant Growth
New Delhi: New research from Magicbricks indicates that India’s emerging airport corridors are triggering a significant shift in residential activity. The data shows substantial growth in searches, demand, supply, and property prices across Greater Noida, Navi Mumbai, and Goa over the last two years. The findings highlight how large-scale airport infrastructure is accelerating homebuyer interest, especially in affordable, mid-income, and premium segments.
Greater Noida recorded the strongest upswing among key airport-linked markets. Demand increased 13.36% YoY, supply rose 29% over two years, and average property prices soared 79.3%, from ₹5,505 psf (JAS 2023) to ₹9,872 psf (JAS 2025). High-traction micro-markets included Noida Extension, Yamuna Expressway, Sector 1, Sector 12, Techzone 4, and Eta 2. Demand remained predominantly value-driven, with 54% searches for homes under ₹75 lakh, while multistorey apartments held a 66% share of total interest.
Navi Mumbai’s residential pockets—Panvel, Kharghar, Ulwe, Dronagiri, and Uran—recorded healthy traction as the upcoming international airport reshaped buyer movement. Aggregate demand grew 7.2%, while prices rose between 16% and 42% across key micro-markets, led by Dronagiri (+41.9%) and Panvel (+26%). Rental demand surged 14.2%, supported by employment expansion and improved connectivity. Interest in plotted development saw exponential jumps—Panvel (+209%), Uran (+205%), and Dronagiri (+161%)—indicating buyers’ growing preference for land-led investments in upcoming corridors.
Goa continued to attract high-intent buyers, with luxury housing demand rising 39.7% in two years. North Goa’s prime micro-markets witnessed 76.5% price appreciation—the second-highest growth among the three regions analyzed. Demand for plotted developments rose 32.5%, significantly outpacing the 9.5% growth in apartment demand, reinforcing Goa’s positioning as a lifestyle and second-home hotspot.
The combined data underscores a clear trend: airport-led development is driving real estate momentum, especially in emerging growth clusters. Improved connectivity, future capital appreciation, and increased economic activity around aviation hubs are pushing buyers toward affordable hubs, mid-income corridors, premium micro-markets, and high-growth plotted segments.
Magicbricks is India’s No.1 property site. As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. Magicbricks has metamorphosed into a full stack service provider for all real estate needs, with services including home loans, interiors, and expert advice. With 17+ years of experience and deep research-based knowledge, Magicbricks also presents a repertoire of insight-driven platforms like MBTV—India’s leading online real estate YouTube channel—and other proprietary tools so that home buyers can access all information related to price trends, forecasts, and locality reviews.
