New Airports in Karnataka Fuel Real Estate Boom: Land Prices Surge in Vijayapura and Hassan

Karnataka's Infrastructure Growth Spurs Real Estate Surge

In a major infrastructure push, the Karnataka government has announced the development of new airports in Vijayapura and Hassan, along with a second international airport in Bengaluru. These projects are set to significantly boost the real estate sector and stimulate the local economy.

The construction of these new airports has already begun, signaling a transformative phase for transportation, commerce, and land value in Karnataka.

Details of the Upcoming Airports in Karnataka

Vijayapura Airport Project

Total Land Area: 727 acres

Estimated Cost: ₹347.92 crore

The airport is under construction and is expected to be operational by 2026.

Hassan Airport Project

Location: Bhoovanahalli (6 km from Hassan town)

Estimated Cost: ₹193.65 crore

Completion is also targeted for 2026, with work currently in progress.

Second International Airport in Bengaluru

In addition to these regional projects, Bengaluru will soon welcome a second international airport, easing traffic at Kempegowda International Airport and enhancing air connectivity across South India.

Real Estate and Economic Impact

With the announcement of these airport projects:

Land prices in surrounding areas have surged.

Property demand in Vijayapura and Hassan has increased sharply.

Real estate investors are eyeing these regions as high-growth zones.

Local businesses and agriculture transport networks are expected to benefit from improved logistics and connectivity.

Why This Matters for Karnataka’s Future

These airport developments are expected to:

Increase tourism inflow

Boost farming and agri-transport efficiency

Enhance trade and logistics capabilities

Generate employment and state revenue

The Karnataka government anticipates a significant uplift in the state economy, with a positive ripple effect across transportation, trade, tourism, and land development.

Conclusion

The launch of new airports in Karnataka—especially in Vijayapura, Hassan, and Bengaluru—not only represents a leap in infrastructure but also marks a turning point for the real estate market in Karnataka. For investors, developers, and local communities, these projects promise long-term benefits and a vibrant future for the state.