From Runways to Real Returns – How Airports Are Boosting Realty in Delhi-NCR

Airports like IGI, Jewar, and Hindon are reshaping Delhi-NCR’s real estate. Their connectivity and infrastructure upgrades are attracting MNCs, investors, and homebuyers—driving exponential growth in property demand and prices across Noida, Gurgaon, Ghaziabad, and Yamuna Expressway.
Airports Driving Delhi-NCR Real Estate Boom (2025 Report)

Delhi: Airports have evolved into the new anchors of urban development, accelerating the aviation industry and spurring real estate growth. In Delhi-NCR, the impact of IGI Airport, upcoming Noida International Airport , and the Hindon Airport is affecting real estate expansion in Gurgaon, Noida, Ghaziabad, and sections of Delhi. These hubs are driving infrastructural improvements, business activity, and lifestyle initiatives in their immediate neighborhood.

According to Square Yards, in Noida, prices have increased by up to almost 100% from FY 2021 to FY 2025, while cities like Hyderabad and Bengaluru have also seen prices increase by 74% near the airport compared to 48% in the city. The report states that in Noida and Greater Noida, including the Yamuna Expressway region, the airport-driven impact on property price trends from FY 2021 to FY 2025 captures the strong recovery as well as upcycle in residential markets in the post-pandemic years.

The IGI Airport has considerably improved Delhi-NCR’s worldwide connection, making the region a convenient entry point for international business travelers, tourists, and expats. Because of the ease of access, the surrounding areas have become highly sought-after commercial real estate markets. Global firms, MNCs, and consulate offices have progressively established operations here, enticed by the airport’s proximity and the high-quality infrastructure it provides. This commercial migration has resulted in strong growth in the residential segment, as professionals and executives seek decent housing near work hubs. What was the result? A vibrant, self-sustaining environment in which global mobility directly drives local real estate growth.

Coming to the much-anticipated Noida International Airport in Jewar, it has been a game changer for NCR’s eastern corridor. With Phase 1 alone projected to accommodate approximately 12 million people per year—and long-term aspirations to increase to 60-120 million—the airport is already transforming real estate dynamics in Noida, Greater Noida, and the Yamuna Expressway belt. According to the data, flats along the Yamuna Expressway connecting Noida and Greater Noida to the planned Noida International Airport increased by 90% between FY21 and FY25. Meanwhile, residential plot values along the Yamuna Expressway stood at Rs. 65,000–70,000 per sq. yd, registering 94% growth over FY21–FY25. The rest of Noida saw prices between Rs. 90,000–1,10,000 per sq yd, growing at a slower pace of 45% during the same period.

Sahil Agrawal, CEO, Nimbus Group, says, “The key corridors, Noida-Greater Noida Expressway and Yamuna Expressway stretch have seen exponential growth with the emergence of Noida International Airport. In just a few years, we’ve seen a new wave of development, with plotted developments, warehousing, and even hospitality interest emerging. There’s also a noticeable uptick in the presence of IT and ITeS companies, which are now viewing this region as a viable long-term base. What’s further fueling this momentum is the region’s focused infrastructure push through improved road networks, upcoming metro extensions, and a dedicated logistics ecosystem. As developers, we’re focusing on projects that propel this growth further because we believe this region is turning into a well-rooted realty destination.”

Beyond Noida, Delhi, and Gurgaon, Ghaziabad is quietly scripting its own airport-led growth story, with Hindon Airport emerging as a vital trigger. The airport’s ripple effect goes beyond just connectivity; new job creation across aviation, retail, and hospitality sectors is bringing in working professionals who seek accessible, well-planned neighborhoods. Coupled with the upcoming RRTS corridor and enhanced road infrastructure, Ghaziabad is steadily positioning itself as a connected, aspirational hub.

Sanjay Sharma, Director, SKA Group, says, “The Jewar airport isn’t just a runway project—it’s a vision unfolding for Noida and Greater Noida. We’re already witnessing a shift in buyer mindset; what was once considered the city’s periphery is now the next frontier of growth. Infrastructure developments around the airport have triggered both investor and end-user confidence. As developers, we look forward to catering to this growth by aligning with the new lifestyle aspirations emerging in this region.”

Ishaan Singh, Director, AIPL, says, “In Gurgaon, we’ve seen firsthand how proximity to IGI Airport has evolved from a convenience to a clear value proposition. The constant movement of global professionals, diplomats, and corporate leaders around this zone has translated into robust demand for high-quality commercial and mixed-use spaces. For residential too, the appetite is strong—people want to live close to where the action is, especially in well-connected, high-infrastructure zones like South Delhi and Gurgaon. Hence, as the airport ecosystem grows, so does the real estate value around it, and it’s a trend we see accelerating for years.”

Prateek Tiwari, Managing Director, Prateek Group, says, “Both Hindon and Noida International Airport have brought a fresh layer of connectivity to Ghaziabad, especially for short-haul and regional travel. Projects near these airports are seeing increased traction, not just from investors but also from professionals seeking convenient urban living. We see this as part of Ghaziabad’s larger transformation, turning into a self-sustained, well-connected real estate hub.”

As Delhi-NCR continues to expand its economic and infrastructural footprint, airports have emerged as strategic enablers of real estate value creation. With better infrastructure, rising investor sentiment, and a clear shift in consumer preference toward well-connected micro-markets, airports are not just elevating real estate—they’re reshaping the region’s growth narrative for the long haul.