India to Emulate Global Models for Skyscraper Development Near Airports

India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, announced plans to study global examples and develop large-scale real estate and commercial activities around airports, aiming to boost economic growth and infrastructure.

India Skyscraper DevelopmentReal Estate Near AirportsCivil Aviation MinisterAviation InfrastructureSmart City AmravatiReal Estate NewsSep 01, 2025

India to Emulate Global Models for Skyscraper Development Near Airports
Real Estate News:India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, announced on Saturday that the Government of India will initiate a comprehensive study to develop large-scale real estate and commercial activities around airports. The Minister emphasized that India will draw lessons from global hubs such as New York, London, and Hong Kong to maximize the economic potential of these areas.

Addressing the second day of the NAREDCO 17th National Convention in New Delhi, Naidu highlighted the significant footfalls and economic activity generated by airports. He stated that the government intends to encourage the creation of skyscrapers, hotels, and convention centers in the vicinity of airports to leverage these opportunities fully.

“Airports around New York, London, and Hong Kong operate at very high economies of scale with multiple associated activities, including real estate development. India will take a cue from these examples to develop similar utilities around new greenfield airports,” the Minister said.

The government plans to expand the country’s aviation infrastructure substantially, with hundreds of new airports expected to be added. In recent years, 88 airports have been operationalized, with several more projects currently underway. Naidu stressed that this expansion is crucial for supporting associated sectors and driving economic growth.

Highlighting opportunities for collaboration, the Minister urged members of NAREDCO to actively participate in building the new capital city of Amravati in Andhra Pradesh. Amravati is envisioned as a smart city with world-class infrastructure, and the industry’s support is crucial for its successful development.

Earlier, Kuldip Narayan, Joint Secretary, Ministry of Housing and Urban Affairs, called upon developers to scale up annual housing delivery from 4–5 lakh to 40–50 lakh units. He emphasized the importance of institutional funding mechanisms such as Real Estate Investment Trusts (REITs) and HUDCO, and stressed the need for innovative approaches to affordable housing management.

In his remarks, G Hari Babu, President of NAREDCO, assured the Minister of the industry’s support in contributing to Amravati’s development. Dr. Niranjan Hiranandani, Chairman of NAREDCO, emphasized that the growth of the real estate sector must align with national priorities, and industry players are expected to deliver accordingly.

The Minister reiterated that the government’s civil aviation strategy, coupled with integrated real estate development, will be instrumental in driving future economic growth. This initiative is part of a broader plan to enhance India’s position as a global economic hub and improve the quality of life for its citizens.

Frequently Asked Questions

What is the main goal of developing skyscrapers near airports in India?

The main goal is to leverage the significant footfalls and economic activity generated by airports to support associated sectors and drive economic growth.

How many new airports are expected to be added in India?

Hundreds of new airports are expected to be added, with 88 airports already operationalized in recent years and several more projects underway.

What is the significance of Amravati in this initiative?

Amravati, the new capital city of Andhra Pradesh, is envisioned as a smart city with world-class infrastructure. The government and the real estate industry are collaborating to develop it as a model for future urban development.

What funding mechanisms are being emphasized for affordable housing management?

Institutional funding mechanisms such as Real Estate Investment Trusts (REITs) and HUDCO are being emphasized to support affordable housing management.

How does the government plan to align the growth of the real estate sector with national priorities?

The government plans to align the growth of the real estate sector with national priorities by ensuring that industry players deliver projects that meet the country's economic and social goals.

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