NMIA’s Arrival Could Shift Greater Mumbai’s Real Estate Map
Sep 22nd, 2025
The upcoming New Mumbai International Airport (NMIA) is already influencing property values in nodes like Panvel, Ulwe, and Kharghar. Housing Analysts expect that once NMIA’s first phase opens (anticipated in September 2025), property rates in these areas could rise by 15-25% over current levels, building upon gains of 20-30% over past years. For homebuyers and investors, this makes peripheral suburbs more attractive: better connectivity, less congestion, and more affordable compared to inner-city premium areas. However, such growth can strain existing infrastructure—roads, water supply, public transit—unless planned ahead. Overall, NMIA’s development is likely to reorient parts of Mumbai’s real estate investment landscape, pushing more activism and investment toward transit-adjacent and suburban locations.
