Airports fueling real estate growth in key cities
- IBEF
- July 15, 2025
Property prices near airports in cities such as Navi Mumbai and Noida have surged by almost 100% from FY21 to FY25, significantly outpacing citywide averages. This trend is also observed in Hyderabad and Bengaluru, where airport-adjacent properties have appreciated by 74% compared to the city's 48%. According to a report by Square Yards, airports are key drivers of economic growth and real estate development, particularly in micro-markets. The study examines the impact of airports on property price trends from FY21 to FY25 in major cities and regions, including Bengaluru, Hyderabad, Navi Mumbai, and Noida & Greater Noida. It highlights that property price growth in airport-led corridors has consistently outperformed citywide averages for both apartments and residential plots.
Airports are among the most influential enablers of economic growth, urban transformation, and real estate development. In India, cities anchored by major airports such as Delhi, Mumbai, Bengaluru, and Hyderabad have demonstrated sustained residential growth. This is driven by improved connectivity, increased employment hubs, and large-scale infrastructure investment. CEO & Founder of Square Yards, Mr. Tanuj Shori, notes that the impact is even more visible in micro-markets located near airports. Even greenfield projects like Noida International Airport and Navi Mumbai International Airport are already driving residential activity well before operations begin. Currently, India has 140 airports handling nearly 412 million passengers annually, a figure expected to rise to 300 airports serving nearly three billion passengers annually by 2047.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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