Nellore Airport was a new airport construction project for city of Nellore, situated approximately 175 kilometres north of Chennai. The Andhra Pradesh State initially identified a 2600 acre land plot near Dagadarthi as the proposed development site for the new facility. The project was abandoned by the government due to limited cooperation from locals. However, in Jul-2018 the project had resurfaced with plans of developing the airport on a 1352 acre site, with an estimated investment of INR3.7 billion (USD53.5 million).
The establishment of Dagadarthi Airport is a strategic move to bolster air connectivity in Andhra Pradesh. Nellore's advantageous position between major cities like Vijayawada and Chennai, coupled with its proximity to the Krishnapatnam Port, makes it an ideal location for an airport. The airport is expected to serve both passenger and cargo traffic, addressing the growing transportation needs of the region.
Project Overview
Scope and Land Allocation: The proposed airport is planned to be constructed on approximately 1,379 acres of land near Dagadarthi.
Estimated Cost: The project is estimated to cost around ₹468 crore.
Capacity: Upon completion, the airport is expected to handle approximately 2 million passengers and 55,000 tons of cargo annually.
Current Status
Land Acquisition: As of recent reports, approximately 1,100 acres of the required 1,900 acres have been acquired for the project.
Government Initiatives: The Andhra Pradesh government is expediting the construction of the new airport near Dagadarthi to boost local infrastructure and economic development.
Potential Benefits to Regional Connectivity and Economy
Enhanced Connectivity: The airport will improve access to national and international destinations, benefiting residents, businesses, and tourists. This enhanced connectivity is anticipated to attract more visitors and investors to the region.
Economic Growth: The development of the airport is expected to stimulate the local economy by creating employment opportunities during both the construction and operational phases. Additionally, improved air connectivity is likely to attract investments in various sectors, including manufacturing, services, and tourism.
Cargo Handling Capabilities: Given the region's industrial activities, particularly around Krishnapatnam Port, the airport's cargo facilities will facilitate the efficient movement of goods. This is expected to boost trade and commerce, benefiting local businesses and contributing to the overall economic development of Nellore district.
The development of the Dagadarthi Airport in Nellore district, Andhra Pradesh, is anticipated to have substantial economic and social impacts on the region.
Job Creation
During Construction: The airport's construction phase is expected to generate numerous employment opportunities across various sectors, including construction, engineering, and ancillary services. This surge in employment will provide a significant boost to the local economy.
Post-Construction: Once operational, the airport will require a workforce for its day-to-day functions, encompassing roles in airport management, security, maintenance, and customer service. Additionally, the presence of the airport is likely to attract businesses that will create further employment opportunities in sectors such as hospitality, retail, and logistics.
Boost to Local Businesses
The enhanced connectivity provided by the airport is expected to attract businesses to the region, leading to the development of hotels, office spaces, logistics hubs, and retail centers. This influx will create demand for commercial real estate, pushing up rental and purchase prices.
Tourism Enhancement
Improved air connectivity is anticipated to make Nellore more accessible to tourists, potentially leading to increased demand for hotels, resorts, and other hospitality services. This development could stimulate the growth of nearby tourist spots, creating opportunities for real estate development.
Real Estate Development
The establishment of the airport is expected to act as a magnet for businesses, leading to the development of hotels, office spaces, logistics hubs, and retail centers. This creates demand for commercial real estate, pushing up rental and purchase prices.
A Real Estate Investment Opportunity from BHOOMI INFRA REALITY near Nellore Airport
BR's Madhura Nagar, an exceptional residential venture by Bhoomi Infra Reality, strategically located near the proposed Dagadarthi Airport in Nellore, Andhra Pradesh. This project offers a unique opportunity for investors and homebuyers seeking properties with promising future prospects.
Project Highlights:
NUDA-Approved Layout: Ensuring adherence to the Nellore Urban Development Authority's standards for planned urban development.
40-Foot Cement Roads: Wide, durable roads within the community facilitate smooth traffic flow and enhance accessibility.
Gated Community Township: Provides a secure living environment with controlled access, ensuring residents' safety and privacy.
100% Vastu Compliance: Plots are designed following Vastu principles, promoting harmony and positive energy in living spaces.
Additional Features:
Open drainage system.
Clear titles with complete documentation.
Three-phase electricity facility.
Designated areas for children's play and parks.
Potable groundwater availability.
Tree-lined roads with protective guards.
Bank loan facilities.
Adequate road lighting.
Architectural entrance gate.
Ready-for-construction plots.
Compound wall with fencing.
Why Invest Now?
Investing in properties near the upcoming Dagadarthi Airport offers strategic advantages:
Infrastructure Development: Proximity to the new airport is expected to enhance infrastructure, including improved roads, public transportation, and utilities, thereby increasing the area's appeal.
Property Value Appreciation: Historically, areas surrounding new airports experience significant appreciation in property values due to increased demand from businesses and individuals seeking convenient access.
Economic Growth: The airport is anticipated to attract businesses, boost tourism, and create employment opportunities, contributing to the overall economic development of the region.
Seize this opportunity to invest in BR's Madhura Nagar and secure a promising future. For inquiries and site visits, contact Bhoomi Infra Reality at:
Phone: +91 905 905 4057 / +91 905 905 4058
For more information, visit the BR's Madhura Nagar project page.
Hence , the development of the Dagadarthi Airport in Nellore district signifies a transformative milestone, promising enhanced connectivity and substantial economic growth for the region. This project is anticipated to create numerous job opportunities, stimulate local businesses, and invigorate the real estate market.
Investing in BR's Madhura Nagar not only secures a stake in a promising property but also aligns with the region's anticipated growth trajectory. As infrastructure developments like the Dagadarthi Airport come to fruition, properties in such strategic locations are poised for substantial appreciation.
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