India’s rapid expansion of regional air connectivity is sparking a surprising ripple effect in real estate.
Under the UDAN scheme, dozens of Tier-2 and Tier-3 cities like Jharsuguda, Belagavi, and Deoghar now have functional airports. And investors are quick to seize the opportunity. As soon as a flight becomes operational, local land prices begin to rise sometimes by 30–50% within a year.
The logic is simple: where airports go, people follow. Better air links attract working professionals, tourists, and even tech startups. Local businesses get access to bigger markets, and builders start planning residential and commercial complexes.
Several real estate companies are already acquiring plots in underdeveloped regions they predict will become the next big hubs. For example, Hubballi in Karnataka saw property registrations jump 20% after airport upgrades and daily flights to Bengaluru.
If you’re an investor with long-term goals, these aviation-linked corridors could offer outsized returns. But beware: infrastructure growth must keep pace with property booms else you risk buying land in a ghost town.