Bengaluru: Airport-linked real estate zones see prices surge up to 120% in four years

Residential property prices in areas surrounding both operational and upcoming airports in Bengaluru, Hyderabad, Navi Mumbai, and Greater Noida have surged by 70% to 120% over the past four financial years, driven by improved connectivity and infrastructure upgrades. This sharp rise, highlighted in a recent study by Square Yards, indicates a clear shift in urban housing trends influenced by airport-centric development.

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Micro-markets along key corridors such as the Yamuna Expressway, Panvel, North Bengaluru, and South Hyderabad are leading the growth. The study reveals that apartment prices in these zones have increased by 69% to 90% from FY 2020-21 to FY 2024-25, while residential plot rates jumped even more steeply—by 84% to 118%. These figures far exceed the broader city-wide appreciation, where apartment and plot values grew by 45–79% and 45–93%, respectively.

The strongest price movements were observed in regions directly benefiting from airport-related infrastructure investments. For instance, average rates along the Yamuna Expressway now range between ₹7,000 and ₹9,000 per sq ft—a 90% rise in just four years. Similar trends were observed in Panvel and airport-linked suburbs of Bengaluru and Hyderabad.

As cities expand and focus increasingly on air connectivity, these airport-influenced corridors are expected to maintain higher-than-average price growth. This trend underscores the pivotal role of large-scale transport infrastructure in redefining urban real estate landscapes across India.