India targets 50 more airports in next 5 years; to boost huge real estate opportunities, says Ram Mohan Naidu

In a significant move to enhance India’s infrastructure and real estate landscape, the government plans to construct 50 additional airports over the next five years. Union Minister Ram Mohan Naidu emphasized that airports serve as vital 'scaffolding' for the real estate sector, driving growth and investment. He highlighted ongoing efforts to resolve challenges related to height restrictions for buildings near airports, ensuring that these developments do not compromise aviation safety. This initiative aligns with the government’s broader strategy to stimulate economic growth through improved connectivity and infrastructure development, which is expected to unlock vast real estate opportunities across the country. The expansion of airport infrastructure is anticipated to catalyze urban development and attract a surge of investments, further solidifying India's position in global aviation and real estate markets.