The ongoing development of airports in various parts of India has experienced a property price surge. There is a visible airport infrastructure impact on real estate in India. Since the announcement, the real estate near airports have begun to gain traction among homebuyers. Once the outskirts, the areas like Panvel, Ulwe, Karanjade, Taloja, and Kharghar have gained an ever-increasing demand over the last decade. It is due to the upcoming Navi Mumbai International Airport. This applies to other airport economic zone – North Bangalore, Yamuna Expressway, Noida, and South Hyderabad.
These micro-markets have now become prime hotspots for residential and commercial investments in India. As per IBEF (Indian Brand Equity Foundation), the properties situated in the peripherals of Bangalore and Hyderabad have experienced a 74% rise in prices. The growth corridors near airports have surpassed the overall growth rate of the cities in terms of price appreciation. This is a vital indicator of how airports are igniting the price surge in their core areas and suburbs.
Learn more about the prominent airports in the country, the airport infrastructure impact on real estate, and how they have reshaped the real estate market in their peripheries.
Read: Flats Near Bangalore Airport
Page Contents
Kempegowda International Airport, Bangalore
Kempegowda International Airport, also known as Bangalore International Airport, is situated in the northern part of Bangalore. Away from the conventional prime areas of the city, this airport has transformed the overall picture of the peripheral regions, including Thanisandra, Devanahalli, Yelahanka, Bagalur, Bellary Road, Hebbal, etc. North Bangalore witnessed an increased price hike of up to 70%. These regions witnessed a surge in the supply of premium inventories owing to their proximity to the airport and the upcoming Blue Line of Namma Metro.
This can be attributed to its closeness to the airport, upcoming metro corridors, and the Outer Ring Road. As stated in the Knight Frank Real Estate Report H2 2024, Northern and Eastern micro markets accounted for 34% and 39% of annual property launches in Bangalore.
Many esteemed companies are shifting their workplace to the Northern and Eastern corridors. This is due to the airport advantage and comparative affordability with assured appreciation. Following the inauguration of the airport in 2010, prominent IT hubs were proposed in the peripheral region. Aerospace Park, Devanahalli Business Park, and Hi-Tech led to an influx of numerous big companies.
The increased number of commercial landmarks has led to an upward demand for residential properties. Top developers are capitalising on these micro-markets. Homebuyers are investing significantly in this region as it offers a reasonable rate at present with a guaranteed ROI in the future.
What is the average property price in Thanisandra in 2025?
The average property price in Thanisandra ranges between ₹ 9,000 per sq. ft. – ₹ 10,500 per sq. ft., with an appreciation rate of 71.2% in the last five years.
Is there a rental appreciation in North Bangalore?
As per the Knight Frank Residential Report, properties in North Bangalore had a 19% YoY appreciation in the rental values in 2024.
Navi Mumbai International Airport – a 16,000 crores project, is set to initiate the passengers by the 2025 end. This much-awaited infrastructural upgrade will not only alleviate the traffic congestion in Mumbai Airport but also take the city to the global charts. One of the Greenfield airports in India, NMIA, is being developed by Adani Group.
This core area of the airport is situated in Ulwe and spans across different areas in Navi Mumbai. It has proximity to Panvel, Kharghar, Kamothe, Uran, Taloja, and Seawoods. These emerging residential zones of the city are experiencing a significant rise in the under-construction projects. The property prices in Ulwe were between ₹ 3,000 per sq. ft. – ₹ 6,500 per sq. ft. in 2015. Now, it has reached up to ₹ 13,000 per sq. ft. – ₹ 15,000 per sq. ft.
Panvel is just a few minutes away from the Navi Mumbai International Airport. So, the properties in Panvel and its peripherals have witnessed a remarkable growth over the last five years. This can be attributed to the nearing completion and the successful flight test of the international airport. This airport will also generate a huge number of employment opportunities, accelerating the overall growth of the city. Also, the property prices are estimated to increase by 10% – 15%.
Read also: Navi Mumbai International Airport First Look
Ulwe, Dronagiri, Panvel, Kamothe, Kharghar, Karanjade, and Taloja are the top residential hotspots near Navi Mumbai International Airport.
The Navi Mumbai International Airport is set to begin its passenger service by September 30 as stated by the state government.
Noida International Airport, Greater Noida
Noida International Airport is yet another growth catalyst for Indian real estate. Located at Jewar in Uttar Pradesh, this airport has recently conducted its successful flight validation test. This marked an ambitious milestone in the real estate growth. Once the airport begins its operations, the residential areas in Noida, Greater Noida, and those near the Yamuna Expressway will witness deliberate price appreciation.
During Diwali, residential plot schemes launched by the YEIDA (Yamuna Expressway Industrial Authority) received a stupendous 1.12 lakh applications from homebuyers. It indicated that people are willing to invest remarkably in luxury properties near major infrastructure development, such as the airport. Apart from this, the airport corridor is also seeing several infrastructural upgrades, including metro line expansion.
The property prices in Noida were around ₹ 3,000 – ₹ 4,000 per sq. ft. in 2021, which later appreciated to ₹ 8,500 – ₹ 10,000 per sq. ft. in 2025. Previously considered a remote area, Yamuna Expressway has been gaining traction for new launch projects since the announcement of the airport. This will bridge the gap between the demand and supply volumes. With improving homebuyer sentiment, Yamuna Expressway and other developing areas in Noida will be promising investment zones in the coming years.
What is the average property price in Noida?
The average property price in Noida ranges from ₹ 8,500 per sq. ft. to ₹ 10,000 per sq. ft.
Which area will be directly influenced by the Noida International Airport?
The residential zones and new launches at the Yamuna Expressway will benefit directly by the Noida International Airport.
Rajiv Gandhi International Airport, Hyderabad
Rajiv Gandhi International Airport has also fuelled the real estate growth in Hyderabad. With the operational airport, the connectivity, economy, social infrastructure, housing, and overall lifestyle upgrades exponentially. Hyderabad has witnessed a major influx of business organisations over the last few years. This has, in turn, influenced the residential sector in the city.
Since the airport in Shamshabad initiated its passenger service in 2008, the surrounding areas have experienced exceptional growth. Localities near the Nehru Outer Ring Road have seen a surge in the prices of plotted developments. The esteemed commercial hubs of Kokapet and Neopolis have accelerated the residential launches and sales in the region.
People are investing in the peripheral areas of South Hyderabad due to its proximity to the IT hubs. The improving connectivity and social infrastructure are also an added advantage. The property prices in South Hyderabad have gone up by 47% over the past 5 years.
Is Rajiv Gandhi International Airport the largest in India?
Yes, Rajiv Gandhi International Airport is the largest airport in India, spanning around 5,500 acres of land.
What is the property appreciation rate in South Hyderabad?
Properties in South Hyderabad have appreciated by 47% in the last five years from 2021 to 2025.
