50 new airports in 5 years to fuel realty growth: K. Rammohan Naidu

India plans to add 50 more airports over the next five years, a move expected to unlock major opportunities for the country’s real estate sector, Civil Aviation Minister K. Rammohan Naidu said on Friday.

Calling airports the “scaffolding” of real estate development, he said the government is actively working to resolve building height restrictions near airports while ensuring aviation safety is not compromised.

India, one of the world’s fastest-growing aviation markets, currently has 165 operational airports, with a new airport or terminal being built roughly every 33 days, the minister noted.


Speaking at a real estate conclave organised by NAREDCO in the national capital, Naidu highlighted the sector’s long-term potential, projecting it to reach $1 trillion by 2030 and $5–7 trillion by 2047.

He stressed that future development must prioritise quality of living alongside standards of living, particularly in light of concerns such as air pollution, and underscored the need for more rental housing projects tailored to young urban residents.