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Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent

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Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent.

Sanket Koul New Delhi

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Property prices in micro markets near major airports — Yamuna Expressway, Panvel, North Bengaluru, and South Hyderabad — surged by 69 to 90 per cent between FY21 and FY25. This is in comparison to corresponding city-wide averages, where apartment prices increased 45 to 79 per cent, according to a report by realty research firm SquareYards, released on Monday.  Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent. “In India, cities anchored by major airports — Delhi, Mumbai, Bengaluru, and Hyderabad — have