Airports Driving Real Estate Boom in Key Indian Cities
Property prices near airports in cities like Navi Mumbai and Noida have surged by nearly 100% from FY21 to FY25, outpacing citywide averages. This trend is observed in Hyderabad and Bengaluru as well.
Real EstateAirportsEconomic GrowthProperty PricesUrban TransformationReal Estate NewsJul 15, 2025
The study examines the impact of airports on property price trends from FY21 to FY25 in major cities and regions, including Bengaluru, Hyderabad, Navi Mumbai, and Noida & Greater Noida. It 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. This is driven by improved connectivity, increased employment hubs, and large-scale infrastructure investment.
CEO & Founder of Square Yards, Mr. Tanuj Shori, notes that the 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. Currently, India has 140 airports handling nearly 412 million passengers annually, a figure expected to rise to 300 airports serving nearly three billion passengers annually by 2047.
The development of these airports is not just about increasing air traffic; it is about transforming the surrounding areas into vibrant economic zones. The influx of people, businesses, and infrastructure projects around these airports is creating a ripple effect that is fueling real estate growth. Investors and developers are taking notice, and the trend is expected to continue as more airports come online and existing ones expand.
In conclusion, the strategic location of airports is playing a crucial role in shaping the real estate landscape of key Indian cities. As these cities continue to grow and evolve, the areas around airports are becoming prime locations for residential and commercial development, offering a promising future for investors and residents alike.
Frequently Asked Questions
Why are property prices near airports increasing?
Property prices near airports are increasing due to improved connectivity, increased employment opportunities, and large-scale infrastructure investment, making these areas more attractive for both residential and commercial development.
Which cities have seen the most significant property price increases near airports?
Navi Mumbai and Noida have seen property prices surge by almost 100% from FY21 to FY25. Hyderabad and Bengaluru have also seen significant increases, with airport-adjacent properties appreciating by 74%.
How do airports drive economic growth?
Airports drive economic growth by improving connectivity, creating employment hubs, and attracting large-scale infrastructure investments, which in turn boost real estate development and economic activity in surrounding areas.
What role do greenfield projects play in this trend?
Greenfield projects like the Noida International Airport and Navi Mumbai International Airport are already driving residential and commercial activity even before operations begin, indicating the significant impact these projects have on local real estate markets.
What is the future outlook for airport-adjacent real estate in India?
The future outlook for airport-adjacent real estate in India is promising, with the number of airports expected to rise to 300 by 2047, serving nearly three billion passengers annually. This growth is expected to continue fueling real estate development and economic activity in these areas.
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