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Across India, the construction and expansion of major airports are rewriting the rules of real estate growth. Micro-markets anchored by airports—such as those in Navi Mumbai and Noida—are witnessing property price appreciation at rates far above citywide averages. According to recent data, prices in Navi Mumbai and Noida have surged by nearly 100% from FY 2021 to FY 2025, while airport-adjacent areas in Hyderabad and Bengaluru have seen increases of 74%, compared to just 48% in the broader city.
A report by Square Yards highlights that airport-led corridors consistently outperform city averages for both apartments and residential plots. The anticipation and arrival of new airports—like the Navi Mumbai International Airport and Noida International Airport—are already driving a wave of residential activity, even before these hubs become operational.
“Airports are among the most influential enablers of economic growth, urban transformation, and real estate development,” says Tanuj Shori, CEO & Founder of Square Yards. Improved connectivity, the creation of new employment hubs, and large-scale infrastructure investments are attracting both homebuyers and investors to these regions. New roads, metro lines, and highways often follow airport development, further boosting the area’s appeal.
India currently boasts 140 airports handling over 412 million passengers annually—a number projected to rise to 300 airports serving nearly 3 billion passengers by 2047. This aviation boom is not just transforming travel, but is also creating unprecedented opportunities for real estate investors. Early movers in airport-adjacent micro-markets are already seeing substantial returns, with experts predicting continued appreciation as these infrastructure projects mature.
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