Airports Boost Real Estate Growth in Key Indian Cities
Property prices near airports in cities like Navi Mumbai and Noida have surged by almost 100% from FY 2021 to FY 2025, significantly outpacing citywide averages.
Real Estate GrowthProperty Price AppreciationNavi Mumbai International AirportNoida International AirportSquare YardsReal EstateJul 14, 2025
Micro-markets anchored by airports are witnessing significantly faster property price appreciation compared to other parts of the same city. In Navi Mumbai and Noida, where the new airport is scheduled to open this year, prices have increased by up to almost 100% from FY 2021 to FY 2025. Cities like Hyderabad and Bengaluru have also seen price increases by 74% near the airport compared to 48% in the city, according to Square Yards.
The report studies the airport-driven impact on property price trends from FY 2021 to FY 2025 in select key major cities and regions, such as Bengaluru, Hyderabad, Navi Mumbai, and Noida & Greater Noida (including Yamuna Expressway), capturing the strong recovery as well as upcycle in residential markets in the post-pandemic years.
The report highlights that property price growth in airport-led corridors has consistently outperformed citywide averages for both apartments and residential plots. “Airports are among the most influential enablers of economic growth, urban transformation, and real estate development. In India, cities anchored by major airports, such as Delhi, Mumbai, Bengaluru, and Hyderabad, have demonstrated sustained residential growth, driven by improved connectivity, increase in employment hubs, and large-scale infrastructure investment,” said Tanuj Shori, CEO & Founder, Square Yards.
Currently, India has 140 airports handling nearly 412 million passengers annually, as per the Airports Authority of India. This figure is expected to rise to 300 airports serving nearly 3 billion passengers annually by 2047. “This impact is even more visible in micro-markets located near airports. Even greenfield projects like Noida International Airport and Navi Mumbai International Airport are already driving residential activity well before operations begin,” Shori said.
The development of these airports is not just a boost to real estate but also a significant step towards economic transformation and urban development. The increased connectivity and infrastructure improvements are making these regions more attractive for both residential and commercial investments.
Frequently Asked Questions
How much have property prices increased near airports in Navi Mumbai and Noida?
Property prices near airports in Navi Mumbai and Noida have surged by almost 100% from FY 2021 to FY 2025.
What is the impact of airports on property prices in other cities like Hyderabad and Bengaluru?
In cities like Hyderabad and Bengaluru, property prices near airports have increased by 74%, compared to the citywide average of 48%.
What does the Square Yards report focus on?
The Square Yards report studies the airport-driven impact on property price trends from FY 2021 to FY 2025 in select key major cities and regions, such as Bengaluru, Hyderabad, Navi Mumbai, and Noida & Greater Noida.
How many airports are there in India currently, and what is the projected growth?
Currently, India has 140 airports handling nearly 412 million passengers annually. This is expected to rise to 300 airports serving nearly 3 billion passengers annually by 2047.
What is the role of greenfield projects like Noida International Airport and Navi Mumbai International Airport in real estate development?
Greenfield projects like Noida International Airport and Navi Mumbai International Airport are already driving residential activity well before operations begin, significantly impacting real estate development in these regions.
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