Aerocities in India scripting a new growth saga in real estate: Report Financial Express
Urban India is seeing a new phenomenon of Aerocities, which are fully functional business districts anchored around the airport. As per the latest report by 360 Realtors prepared in partnership with Axon Developers, the country has 9 Aerocity projects spread over 14,000 acres of land parcels. Close to 22% or 3050 acres of Aerocity land is operational in India, which includes Aerocities in Delhi, Hyderabad, Mohali, and Durgapur. Around 18% or 2585 acres of Aerocity land is under development and is expected to soon the enter the market supply.
