{"id":1088516,"date":"2026-06-24T12:34:16","date_gmt":"2026-06-24T07:04:16","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=1088516"},"modified":"2026-06-24T12:42:14","modified_gmt":"2026-06-24T07:12:14","slug":"punes-next-growth-corridor-takes-shape-as-purandar-airport-gains-ground","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/punes-next-growth-corridor-takes-shape-as-purandar-airport-gains-ground","title":{"rendered":"Pune’s next growth corridor takes shape as Purandar Airport gains ground"},"content":{"rendered":"

The proposed Purandar International Airport has reached a significant milestone, with land acquisition efforts gathering pace and compensation payments beginning to be disbursed to affected landowners.<\/span><\/p>\n

According to district officials, consent affidavits have been secured for more than 1,150 acres, accounting for nearly 38 percent of the land required for the project. The progress marks one of the most tangible advances in a long-delayed infrastructure initiative expected to play a critical role in Pune’s future connectivity needs.<\/span><\/p>\n

Beyond the immediate land acquisition update, the development is drawing attention from the real estate sector. Industry observers view Purandar not just as a new aviation project, but as a potential trigger for the next phase of urban expansion in southeast Pune, with implications for housing demand, commercial activity and infrastructure investment across the region.<\/span><\/p>\n

Land acquisition moves into execution mode<\/b><\/h2>\n

First proposed back in 2015, the airport will be situated about 50 kilometers from Pune’s Lohegaon Airport. The project will be undertaken by the Maharashtra Airport Development Company (MADC) for development, while MIDC will handle the land acquisition phase.<\/p>\n

Currently, as per the project, the government plans to acquire approximately 1,285 hectares of land from seven villages in the Purandar taluk, including Munjawadi, Khanvadi, Ekhatpur, Kumbharvalan, Pargaon, Udachiwadi, and Vanpuri.<\/p>\n

The recent surge in consent affidavits and compensation disbursements indicates that the project will now shift its focus from planning to implementation. Despite the amount of work needed to be done before actual construction, the new developments have once again attracted the attention of developers and infrastructure observers.<\/p>\n

A new growth story for southeast Pune<\/b><\/h2>\n

For the past two decades, Pune’s real estate growth has primarily centered on the western and northwestern areas, driven by IT hubs and employment centers such as Hinjawadi, Baner, Wakad, Balewadi, and Pimpri-Chinchwad. However, the upcoming Purandar Airport is expected to shift focus toward the southeastern belt, including Saswad, Fursungi, and Uruli Kanchan, which have generally been overlooked for residential investment.<\/span><\/p>\n

Growing interest from developers is evident; for instance, in late 2025, Shapoorji Pallonji Real Estate purchased 105 acres near the airport for plotted development, signaling confidence in the region’s potential. Although large-scale residential projects are still limited, experts anticipate that developers will monitor progress in land acquisition and connectivity before committing to significant developments.<\/span><\/p>\n

Unlike the western areas focused on IT, the Purandar corridor may see growth in aviation, logistics, and warehousing. The airport’s success will rely heavily on improved connectivity via planned road upgrades linking key locations such as Saswad, Jejuri, and the upcoming Pune Ring Road.<\/span><\/p>\n

Initially, growth is expected to consist of plotted developments, integrated townships, and workforce housing. As job opportunities and infrastructure investments increase, demand for organized residential and commercial projects is likely to rise.<\/span><\/p>\n

Why developers are watching closely<\/b><\/h2>\n

The significance of Purandar lies not just in the airport itself, but in the ecosystem that major aviation infrastructure tends to create around it.<\/span><\/p>\n

Large airports often attract logistics parks, warehousing hubs, hospitality projects, office developments, and supporting social infrastructure. These investments generate employment, which in turn creates demand for housing, retail and commercial spaces.<\/span><\/p>\n

This dynamic is particularly relevant for Pune, where rising land prices and limited availability in established micro-markets have prompted developers to explore emerging growth corridors.<\/span><\/p>\n

Saswad, for instance, could emerge as an important residential catchment due to its strategic position along the airport corridor. Fursungi and Uruli Kanchan, meanwhile, may benefit from increased logistics and industrial activity because of their proximity to existing transport and industrial networks.<\/span><\/p>\n

The appeal of these locations lies in their position along future connectivity routes rather than their current market profile. As transport infrastructure improves and commercial activity expands within the airport ecosystem, these micro-markets could begin to attract residential and mixed-use development that typically follows large infrastructure investments.<\/span><\/p>\n

Residential demand may follow infrastructure investment<\/b><\/h2>\n

The opportunity for developers lies in the fact that much of southeast Pune remains at an earlier stage of urbanization than the city’s western corridors. As airport-linked infrastructure improves, the region could see the gradual emergence of residential townships, plotted developments and mixed-use projects catering to both end users and long-term investors.<\/span><\/p>\n

Industry observers expect the pace of development to depend on complementary infrastructure upgrades, including road connectivity and supporting civic amenities. As commercial activity expands around the airport corridor, demand for schools, healthcare facilities, retail centers and hospitality projects is also likely to increase.<\/span><\/p>\n

For homebuyers and investors, the region’s long-term appeal will ultimately depend on how effectively airport development is integrated into broader urban planning and infrastructure investments.<\/span><\/p>\n

The Jewar precedent offers a glimpse of what could happen<\/b><\/h2>\n

The experience of Noida International Airport<\/a> at Jewar offers one of the clearest examples of how airport projects can transform property markets long before becoming operational.<\/span><\/p>\n

Following the airport announcement, land values across parts of Greater Noida and the Yamuna Expressway corridor witnessed significant appreciation as developers, institutional investors and logistics operators increased their presence in the region. Residential townships, warehousing hubs, commercial projects and industrial developments followed, creating an entirely new growth corridor within the National Capital Region.<\/span><\/p>\n

Purandar’s circumstances are different and Pune’s property market has its own demand drivers. However, the broader lesson remains relevant: airport projects often begin influencing investment decisions years before the first aircraft takes off.<\/span><\/p>\n

The acceleration in land acquisition is therefore being closely watched not only by policymakers but also by developers seeking early exposure to what could become Pune’s next major development corridor.\u00a0<\/span><\/p>\n

Aerocity could reshape the region’s development landscape<\/b><\/h2>\n

A key component of the airport’s long-term significance lies in the proposed Aerocity and the wider commercial ecosystem expected to develop around it.<\/span><\/p>\n

According to MADC’s plans, Purandar is envisioned as a greenfield international airport with a capacity of 75 million passengers annually, supported by two parallel runways and parking infrastructure capable of accommodating more than 100 aircraft.<\/span><\/p>\n

Rather than functioning solely as a transportation asset, the project is being positioned as a long-term aviation and economic hub capable of attracting investments in logistics, hospitality, commercial real estate and supporting urban infrastructure.<\/span><\/p>\n

Modern Aerocity developments increasingly operate as self-sustaining economic clusters, drawing hotels, convention centers, office spaces, retail districts and aviation-linked businesses. Over time, these investments can create entirely new business districts and support sustained residential demand in surrounding locations.<\/span><\/p>\n

The airport’s influence is also unlikely to be confined to aviation. As supporting road infrastructure takes shape, the broader corridor linking Saswad, Jejuri, Uruli Kanchan and Purandar could emerge as a new zone for residential, logistics and commercial activity. If executed as planned, the Aerocity could become the anchor for a wider urban development story in southeast Pune rather than a standalone airport project.<\/span><\/p>\n

Outlook<\/b><\/h2>\n

With land acquisition gathering pace, Purandar International Airport appears closer to reality than at any point in the last decade.<\/span><\/p>\n

The project’s significance extends beyond easing pressure on Pune’s existing airport. If supporting infrastructure and commercial development follow, Purandar could influence where the city grows next, opening up new residential and commercial markets across southeast Pune and creating an airport-led growth corridor that reshapes the region’s real estate landscape over the long term.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The proposed Purandar International Airport has reached a significant milestone, with land acquisition efforts gathering pace and compensation payments beginning to be disbursed to affected landowners. According to district officials, consent affidavits have been secured for more than 1,150 acres, accounting for nearly 38 percent of the land required for the project. The progress marks […]<\/p>\n","protected":false},"author":71,"featured_media":1088518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29381],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1088516"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=1088516"}],"version-history":[{"count":1,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1088516\/revisions"}],"predecessor-version":[{"id":1088520,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1088516\/revisions\/1088520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/1088518"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=1088516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=1088516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}