India to Explore Global Models for Skyscraper Development Near Airports
Civil Aviation Minister Kinjarapu Ram Mohan Naidu announced that India will study real estate development near airports, drawing inspiration from global hubs like New York, London, and Hong Kong.
Real Estate DevelopmentCivil Aviation MinisterAviation InfrastructureSmart CityAffordable HousingReal EstateSep 01, 2025
“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. He further noted that 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 operationalised, with several more projects underway.
Highlighting opportunities for collaboration, Mr. Naidu urged members of NAREDCO to actively participate in building the new capital city of Amravati in Andhra Pradesh, envisioned as a smart city with world-class infrastructure. 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, underscoring the importance of institutional funding mechanisms such as Real Estate Investment Trusts (REITs) and HUDCO. He also stressed the need for innovative approaches to affordable housing management.
In his remarks, G Hari Babu, President, NAREDCO, assured the Minister of the industry’s support in contributing to Amravati’s development. Dr. Niranjan Hiranandani, Chairman of NAREDCO, emphasised that the growth of the real estate sector must align with national priorities, with industry players 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.
Frequently Asked Questions
What is the main focus of India's new aviation infrastructure plan?
The main focus is to develop large-scale real estate and commercial activities around airports, drawing inspiration from global hubs like New York, London, and Hong Kong.
How many new airports are planned in India?
Hundreds of new airports are expected to be added, with 88 airports already operationalised in recent years.
What is the role of NAREDCO in this plan?
NAREDCO is being urged to actively participate in building the new capital city of Amravati in Andhra Pradesh, envisioned as a smart city with world-class infrastructure.
What funding mechanisms are being emphasized for affordable housing?
Institutional funding mechanisms such as Real Estate Investment Trusts (REITs) and HUDCO are being emphasized for affordable housing management.
What is the government's vision for the real estate sector?
The growth of the real estate sector must align with national priorities, and industry players are expected to deliver accordingly to support the government’s civil aviation strategy and integrated real estate development.
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