Airport-Linked Plot Values Soar 118% in Key Indian Cities

Plot values in Indian cities anchored by major airports such as Delhi, Mumbai, Bengaluru, and Hyderabad have appreciated by 84–118 percent over the past four years, significantly outpacing apartment price growth, which ranged from 45–93 percent, according to Square Yards’ report Jet Set Growth.

The report shows that airport-linked corridors in Bengaluru, Hyderabad, Navi Mumbai, and Greater Noida have seen explosive price appreciation, driven by enhanced connectivity, employment growth, and major infrastructure upgrades. In these zones, demand for residential plots has outpaced apartments, signaling a growing preference for land ownership in future-ready markets.

Key Highlights

• Plot values near airports surged by up to 118 percent in four years
• Airport-linked areas outperform broader city averages for plots & flats
• Key growth zones include Yamuna Expressway, Panvel, and North Bengaluru

In Noida, apartment rates near the upcoming Noida International Airport (Yamuna Expressway) grew by 90 percent to Rs. 7,000–9,000/sq ft, while plot prices surged 94 percent to Rs. 65,000–70,000/sq yd. Meanwhile, North Bengaluru plots appreciated by 118 percent to Rs. 68,000–72,000/sq yd, exceeding the city average. In Panvel (Navi Mumbai), plot rates rose 93 percent, supported by the upcoming Navi Mumbai International Airport.

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“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, an increase in employment hubs, and large-scale infrastructure investment. This impact is even more visible in micro-markets located near airports,” said Tanuj Shori, CEO and founder, Square Yards.