Property prices in micro-markets near major airports have recorded the fastest growth among India’s urban real estate corridors, according to online real estate portal Square Yards.
Residential values in airport-driven micro-markets such as the Yamuna Expressway, Panvel region, North Bengaluru, and South Hyderabad jumped 69%–90% for apartments and 84%–118% for plots between FY 2021 and FY 2025, significantly outpacing city-wide averages.
Square Yards’ latest report, Jet Set Growth – Airports Fuelling Property Market Expansion in India, shows that while city-wide apartment prices rose 45%–79%, micro-markets near airports consistently clocked higher growth. Plot prices in city cores rose up to 93%, but airport-led pockets saw sharper jumps.
“Airports have emerged as powerful engines of real estate growth,” said Tanuj Shori, CEO & Founder, Square Yards. “Greenfield airports like Noida International Airport and Navi Mumbai International Airport are transforming under-developed areas into active residential hubs, even before operations start.”
In Bengaluru, apartment prices in North Bengaluru surged 69% to Rs. 11,000–13,000 per sq.ft, while the city-wide average rose 48%. Residential plots in North Bengaluru posted a 118% jump, reaching Rs. 68,000–72,000 per sq.yd.
In South Hyderabad, apartments rose 74% to Rs. 6,000–8,000 per sq.ft, versus 48% city-wide. Plots climbed 84% in the corridor, compared with 59% across the city.
Panvel, near Navi Mumbai International Airport, saw apartment prices rise 74%, plots 93% – both outperforming Navi Mumbai’s wider growth. Along Yamuna Expressway, apartments gained 90% against Noida’s 79%, while plots appreciated by 94% compared with 45% city-wide.
India has 140 operational airports and aims to reach 300 by 2047 under the ‘Viksit Bharat’ plan.
