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Emerging Airport Corridors Fuel Real Estate Boom in Greater Noida, Navi Mumbai and Goa

New airport developments across Greater Noida, Navi Mumbai and Goa are accelerating real estate demand, with sharp rises in buyer interest, supply activity and prices over the last two years. Improved connectivity and expanding infrastructure are drawing both end-users and investors, reshaping micro-market dynamics across these regions.

Fuelled by upgraded connectivity and expanding airport infrastructure, these markets are witnessing strong end-user and investor traction, reshaping housing preferences and value trends over the past two years. Photo: Freepik
Summary
  • Greater Noida: Buyer interest up 13 per cent YoY; prices surged 79 per cent in two years, led by Noida Extension and Yamuna Expressway.

  • Navi Mumbai: Demand up 7 per cent despite a slight supply dip; strongest traction in Uran and Kharghar with steady price appreciation.

  • Goa: Luxury housing demand jumped 40 per cent; North Goa prices rose 76 per cent as plot demand outpaced apartments.

  • Overall: Airport-driven connectivity upgrades are boosting long-term confidence, making these corridors high-growth real estate hotspots.

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India’s emerging airport corridors are fast evolving into high-demand real estate hotspots, with new Magicbricks data revealing sharp spikes in buyer interest, supply activity and property prices across Greater Noida, Navi Mumbai and Goa.

Fuelled by upgraded connectivity and expanding airport infrastructure, these markets are witnessing strong end-user and investor traction, reshaping housing preferences and value trends over the past two years.

Buyer interest in Greater Noida increased by 13.36 per cent year-on-year, while supply grew 29.1 per cent over two years despite a slight dip compared to the previous year. Average prices surged significantly, rising from Rs 5,505 per sq. ft in July–September 2023 to Rs 9,872 in July–September 2025, reflecting a 79.33 per cent increase.

The most active micro-markets included Noida Extension, Yamuna Expressway, Sector 1, Techzone 4, and Eta 2. Properties priced up to Rs 75 lakh made up 54 per cent of the total demand, with multistorey apartments leading the market at a 66 per cent share, followed by plots at 13 per cent.

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Navi Mumbai’s airport-linked areas maintained steady growth. Over two years, supply in Dronagiri, Kharghar, Panvel, Ulwe, and Uran dipped slightly by an average of 3.6 per cent, while demand grew by 7.2 per cent, driven primarily by Uran (+39.33 per cent) and Kharghar (+16.21 per cent). Property prices consistently increased across key locations, with Dronagiri (41.9 per cent), Panvel (26.05 per cent), and Kharghar (19.75 per cent) experiencing the highest appreciation.

Demand was well-distributed, with mid-income housing making up 33 per cent, premium housing at 30 per cent, and affordable housing at 25 per cent. Rental demand in Navi Mumbai rose by 14.19 per cent over two years, and demand for plotted developments surged sharply in Panvel (+209.85 per cent), Uran (+205.43 per cent), and Dronagiri (+160.87 per cent).

Goa has strengthened its appeal as a top holiday-home destination, with luxury housing demand rising 39.69 per cent over the past two years. In North Goa, prices surged from Rs 8,954 per sq. ft in July–September 2023 to Rs 15,805 in the same period of 2025, marking a 76.51 per cent increase. Demand for plots grew by 32.53 per cent, outpacing the 9.54 per cent rise in apartments, indicating stronger investor interest in land-based developments.

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These trends underscore the impact of upcoming airport infrastructure and better regional connectivity, boosting buyer confidence and driving long-term real estate growth in emerging markets.

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