As expected, the upcoming Navi Mumbai International Airport (NMIA) is poised to transform the lives of residents and property owners in the surrounding areas. The airport’s development has already triggered a sharp rise in both commercial and residential property prices nearby.

Analysts are expecting a major price jump of up to Rs 15,000 per square foot in the near future, according to Free Press Journal report. This surge is driven by improved connectivity, growing employment opportunities, and large-scale commercial developments.

Areas near the airport, including Panvel, Ulwe, and Kharghar, are seeing a significant rise in property prices.

PM Modi To Inaugurate Navi Mumbai International Airport

Prime Minister Narendra Modi will inaugurate the Phase 1 of Navi Mumbai International Airp

See Full Page