Real Estate Pune

Baramati Airstrip Redevelopment: Rs 65 Crore Phase 1 Gets Nod

By GeoSquare News Desk · Published 2026-10-30

The Maharashtra government has approved the first phase of the Rs 65 crore redevelopment of Baramati airstrip. The Maharashtra Airport Development Company (MADC) will soon float a tender to appoint a consultant for the project, marking a key step towards upgrading air connectivity in the region.

What the first phase entails

The initial phase will focus on planning and execution of the airstrip upgrade, including the appointment of a consultant to prepare the detailed project report. This development is expected to modernise the existing infrastructure and support future expansion of aviation facilities in Baramati.

Boost for regional real estate

Improved air connectivity is likely to enhance Baramati's appeal as a business and residential destination. Better logistics and easier access for investors could spur demand for commercial and residential properties in and around the town, making it a key micro-market to watch in western Maharashtra.