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Airports

India’s aviation map is set to get considerably bigger over the next decade. The government plans to build 100 new airports by 2036 under the regional connectivity scheme UDAN, with an investment of approximately INR 30,000 crore. The expansion is expected to take air travel deeper into tier-2 and tier-3 cities, remote regions, Himalayan areas and India’s islands.

The announcement was made by Civil Aviation Minister K Rammohan Naidu in Ahmedabad on September 2, where he inaugurated the country’s third hub-and-spoke operation. The latest initiative comes as India continues to expand its airport infrastructure and looks beyond simply adding terminals and runways towards making air travel more accessible across the country.

Noida International Airport set to accelerate growth of NCR real estate - Architect and Interiors India - Significant passenger traffic to be eased

Industry stakeholders believe the airport will act as a major catalyst for economic development, infrastructure expansion, employment generation, and sustained growth in the real estate sector. Recent reports indicate that the operationalization of the airport is expected to significantly strengthen residential, commercial, office, logistics, and hospitality demand across the region.

The airport is expected to enhance global connectivity for businesses, improve access to international markets, strengthen industrial and manufacturing ecosystems, and further establish Noida as one of India’s most attractive destinations for investment and urban development. Industry experts believe the project will positively impact property demand and support the next phase of growth across the Yamuna Expressway, Noida-Greater Noida, and adjoining corridors.

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