Airport-Led Micro-Markets See Faster Property Price Growth: Square Yards

Micro-markets anchored by airports are witnessing significantly higher property price appreciation than other areas within the same city, according to the latest report by Square Yards titled "Jet Set Growth – Airports Fuelling Property Market Expansion in India."

The study analyzes property price trends from FY 2021 to FY 2025 across key cities including Bengaluru, Hyderabad, Navi Mumbai, and Noida-Greater Noida (including Yamuna Expressway). It reveals that residential markets in airport-linked corridors have shown stronger recovery and outpaced citywide averages in both apartment and residential plot segments during the post-pandemic period.

Tanuj Shori, CEO & Founder, Square Yards, said, “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, driven by improved connectivity, increase in employment hubs, and large-scale infrastructure investment. This impact is even more visible in micro-markets located near airports. As outlined in our latest report, areas like North Bengaluru and South Hyderabad, for example, have consistently recorded stronger property price appreciation than their regional peers. Even greenfield projects like Noida International Airport and Navi Mumbai International Airport are already driving residential activity well before operations begin. Currently, India currently has 140 airports handling nearly 412 million passengers annually, as per the Airports Authority of India. Notably, in alignment with the national vision of ‘Viksit Bharat’, this figure is expected to rise to 300 airports serving nearly 3 billion passengers annually by 2047. Given these projections, all stakeholders in the residential market have a strategic opportunity to benefit from the next generation of globally connected, future-ready Indian cities.”