Airport-led micro-markets across India have recorded a property price surge far steeper than citywide averages between FY2021 and FY2025, according to Square Yards. In regions like Yamuna Expressway, Panvel, North Bengaluru, and South Hyderabad, prices rose between 69% and 118%, driven by proximity to operational or upcoming airports and infrastructure upgrades.
The study notes that apartment prices in these corridors grew by 69%–90%, while residential plots appreciated by 84%–118% — far outpacing the broader urban growth rates of 45%–79% for apartments and 45%–93% for plots.
In North Bengaluru, close to Kempegowda International Airport:
- Apartments grew by 69%, reaching Rs11,000–13,000/sq.ft
- Plots soared 118%, priced at Rs68,000–72,000/sq.yd
In South Hyderabad, near Rajiv Gandhi International Airport:
- Apartments rose 74%, priced at Rs6,000–8,000/sq.ft
- Plots appreciated 84%, at Rs55,000–60,000/sq.yd
In Panvel, adjacent to Navi Mumbai International Airport:
- Apartments surged 74%, priced at Rs10,000–12,000/sq.ft
- Plots increased 93%, at Rs80,000–85,000/sq.yd
Along the Yamuna Expressway, driven by Noida International Airport:
- Apartments jumped 90%, at Rs7,000–9,000/sq.ft
- Plots climbed 94%, priced Rs65,000–70,000/sq.yd
These numbers reveal consistent outperformance of airport-connected micro-markets compared to their respective city zones.
With India currently hosting 140 airports and expected to reach 300 by 2047, handling nearly 3 billion passengers annually, the report emphasizes a paradigm shift in how infrastructure and location are shaping real estate investments.
