3 months ago
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India aims to person 50 much airports successful the adjacent 5 years, which volition besides make immense opportunities for the country's existent property sector, Civil Aviation Minister K. Rammohan Naidu said connected Friday (February 13, 2026)
Noting that airports are the "scaffolding" for the existent property sector, the curate besides said that helium is moving actively to code issues related to tallness restrictions for buildings adjacent airports without compromising connected aviation safety.
India is 1 of the world's fastest increasing civilian aviation markets and currently, determination are 165 operational airports successful the country.
On an average, a caller airdrome oregon a caller terminal is built each 33 days, Mr. Naidu said.
He was speaking astatine the National Urban and Real Estate Development Conclave 2026 organised by existent property manufacture assemblage Naredco successful the nationalist capital.
Highlighting the maturation imaginable of the country's existent property sector, helium said the conception is projected to beryllium worthy USD 1 trillion by 2030 and further summation to beryllium valued astatine $5-7 trillion by 2047.
He besides emphasised the value of focusing connected prime of surviving on with the standards of surviving successful existent property development.
The absorption connected standards of surviving volition make assets and with the absorption connected prime of surviving "we volition beryllium creating good being", the curate said amid issues of aerial pollution.
He besides stressed connected the request to absorption connected rental lodging and make projects that tin beryllium rented retired to youngsters.
