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
The main goal is to leverage the significant footfalls and economic activity generated by airports to support associated sectors and drive economic growth.
Hundreds of new airports are expected to be added, with 88 airports already operationalized in recent years and several more projects underway.
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.
Institutional funding mechanisms such as Real Estate Investment Trusts (REITs) and HUDCO are being emphasized to support affordable housing management.
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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