Investing in Properties Near Upcoming Airports: A Gold Rush in Navi Mumbai and Jewar
With the inauguration of the Navi Mumbai International Airport and the upcoming Noida International Airport in Jewar, property developers and investors are experiencing a surge in interest and property values in these regions.
Real EstateProperty InvestmentNavi MumbaiJewarAirportsReal Estate MumbaiOct 12, 2025
Property prices in both regions have soared, as builders and landowners scramble to acquire as much land as possible. Investors are joining the frenzy, attracted by the potential for superior returns since properties near airports typically appreciate faster due to improved connectivity and accelerated infrastructure development supporting the airport ecosystem. Industry estimates indicate that over 1.2 lakh apartments have been built around the two airports’ localities between 2022 and now.
“The two airports have given high returns to its real estate investors since their commencement till date and continue to show high potential in the future,” said Anuj Puri, Chairman – ANAROCK Group. Puri explained that property prices near airports often rise faster than other areas due to improved connectivity, infrastructure upgrades, job growth, and increased economic activity following airport development.
Industry experts highlight that property prices, albeit on a low base, around the airports have risen sharply in the last 3-5 years when compared to average rise in property prices in key metro markets. According to Puri, the difference between the two is that Navi Mumbai airport already has better-established infrastructure in and around it with demand already visible. “Hence, an investor with short to medium term investment horizon and with less risk can opt to buy in and around it. While the area around Jewar airport is still developing and we have seen more speculative increase in property values in the past few years. Hence, investors with a long-term horizon and relatively high risk appetite can opt to invest here,” added Puri.
As per Anarock Research, the prominent areas impacted by the Navi Mumbai airport (like Panvel, Ulwe, Taloja, Kharghar) have seen land values go up anywhere between 50% to 60% in the last 3 years. In contrast, land values in areas around the Jewar International airport have risen anywhere between 60% to 70% in the same period.
Deepak Khandelwal, Principal Partner & Chief Sales Officer at Square Yards said that localities such as New Panvel, Old Panvel, Kharghar, Ulwe, and Taloja are witnessing a surge in development, with a growing supply of premium residential projects, gated communities, and large integrated townships. He added that the market response has been strong, with apartment prices in the Panvel region rising by nearly 74% between FY 2021 and FY 2025, compared to 45% growth across the rest of Navi Mumbai.
Around NIA, the Yamuna Expressway has transformed from a peripheral stretch into the National Capital Region's (NCR’s) most dynamic property corridor. According to data from real estate consultant InvestoXpert, in the Yamuna Expressway region, apartment prices rose 158% between 2020 and 2025—from Rs 3,950 to Rs 10,200 per sq ft, while plot values skyrocketed 536%, from Rs 1,650 to Rs 10,500 per sq ft during the same period.
Puri of Anarock said that both regions have high growth potential in the next few years. “In Navi Mumbai, there remains a scope for an additional 30% to 40% growth over the next two years. However, most corporates have already acquired land in the vicinity of Navi Mumbai airport. Any further increase in land prices is likely to create upward pressure on overall property prices within the airport catchment. As for Jewar airport, there remains a scope for at least 30% to 50% growth over the next two years,” he stated.
With Jewar backed by Film City, YEIDA’s industrial townships, and logistics hubs, and Navi Mumbai supported by the Trans-Harbour Link, new metro lines, and corporate relocations, both corridors have become a favourite among developers and are poised to become investment hubs.
As per Anarock, approx. 83,100 units have been launched in Navi Mumbai between 2022 to Q3 2025 while over 90,265 units have been sold in the same period. If we consider year-wise, 2023 saw new launch supply increase yearly by a whopping 109% as against 2022. While 2024 saw a 23% yearly decline in new supply here as against 2023 but this drop was largely due to high-base period in 2023.
As for areas around Jewar – Noida and Greater Noida including YEIDA – as many as 38,010 units have been launched here between 2022 to Q3 2025 while over 61,520 units have been sold in the same period. In terms of yearly increase in new supply, 2023 saw 116% jump in new launches against 2022, another 102% increase in 2024 as against 2023.
Navin Makhija, Managing Director of The Wadhwa Group said that the Navi Mumbai International Airport marks a transformative moment for Navi Mumbai and the Panvel region. “Once the airport is operational, we expect large-scale social infrastructure projects to come to life, and also see a huge uptake in demand and price appreciation of 20 to 25% in the next 1 year for quality homes in the Panvel region,” added Makhija.
Frequently Asked Questions
What are the main benefits of investing in properties near airports?
Investing in properties near airports offers several benefits, including improved connectivity, accelerated infrastructure development, job growth, and increased economic activity, which typically lead to faster property appreciation.
How have property prices changed in the areas around the Navi Mumbai and Jewar airports?
Land values in areas around the Navi Mumbai airport have increased by 50% to 60% in the last 3 years, while values around the Jewar airport have risen by 60% to 70% in the same period.
What are the key differences between investing in Navi Mumbai and Jewar?
Navi Mumbai has better-established infrastructure and visible demand, making it suitable for short to medium-term investments with less risk. Jewar, on the other hand, is still developing and is more suited for long-term investments with a higher risk appetite.
What is the expected growth potential in these regions over the next few years?
Navi Mumbai is expected to see an additional 30% to 40% growth over the next two years, while Jewar is expected to see at least 30% to 50% growth over the same period.
What infrastructure projects are supporting these areas?
Navi Mumbai is supported by the Trans-Harbour Link, new metro lines, and corporate relocations. Jewar is backed by Film City, YEIDA’s industrial townships, and logistics hubs.
Related News Articles
Maharashtra Simplifies Property Registration: A Game-Changer for Homebuyers
Harsh Parikh, Partner, Khaitan & Co explains how Maharashtra's consolidation of property registration offices will benefit the real estate industry.
Maharashtra RERA Reverts to Old Website Due to Technical Glitches
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily switched back to its previous IT platform, Maha IT, after facing significant technical issues with the new system.
Rescued: Teenage Girl Kidnapped 6 Months Ago from Latur Found in Pune
A teenage girl, kidnapped six months ago from Latur, has been rescued in Pune. The kidnapper has been arrested, bringing relief to the victim's family and local authorities.
Mahindra Lifespace Developers Targets Rs 1500 Crore Fundraising - ET Realty
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, is set to raise Rs 1,500 crore to bolster its expansion plans.
Hyderabad Surpasses Mumbai with Rs 1.15 Lakh Crore in Home Sales in 2024
Hyderabad has emerged as the leading city in the real estate sector, recording Rs 1.15 lakh crore in home sales in 2024. According to the latest report by CREDAI, the North West region of Hyderabad continues to dominate the residential market, contributin
RBI Revamps Loan Exposure Limits for UCBs, Introduces 25% Cap
The Reserve Bank of India (RBI) has introduced new guidelines for Urban Cooperative Banks (UCBs), revising their loan exposure limits. The new rules cap the total exposure to housing, real estate, and commercial real estate loans at 25% of total assets, e