50 new airports in 5 years to fuel realty growth: Civil Aviation Minister Mr. K. Rammohan Naidu
- IBEF
- February 16, 2026
Civil Aviation Minister Mr. K. Rammohan Naidu said that the Government of India has committed to building 50 new airports within the next five years, which will greatly improve regional connectivity and boost economic activity, according to The Economic Times. Building more airports is just one part of the government’s global strategy to strengthen the aviation ecosystem, improve accessibility to tier-II and tier-III cities, and meet the demands of growing passenger demand. Building more airports will help develop India’s aviation infrastructure, allow people to travel by air more easily, and support the growth of tourism, commerce, and business travel throughout different regions. Increased connectivity will also improve logistics and create balanced development between regions.
According to the minister, developing and expanding the airport's infrastructure will likely create a significant multiplier effect on real estate development. This will happen mainly in developing metropolitan areas due to improved connectivity of these areas, leading to an increase in the demand for residential, commercial, and hospitality developments. The stakeholders in this industry have indicated that improved air connectivity will contribute to increasing investment flow, employment generation, and urbanisation, which will all promote economic growth at large. The development of new airports will also improve the allied sectors such as construction, infrastructure, hospitality, and retail. With ongoing investments from India into developing infrastructure, such as expanding airports, these types of efforts should contribute dramatically to India's ability to continue growing economically, improving transportation, and facilitating economic growth over the long term.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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