A report, released on Monday, stated that India is expected to invest over Rs 143 trillion in infrastructure by 2030, anticipating the growing need for quality urban infrastructure in the coming years. The report added that this investment would lead to further land price appreciation. According to the Colliers report, rapid infrastructure development, driven by nodal authorities, is fueling the growth of satellite townships across the country.The report mentioned that most of the expenditure would be directed towards urban clusters, driving significant activity in infrastructure-led urban development. It highlighted projects under consideration, including second airports, inter-city metro connectivity, aero-cities, highways (including quick transit freeways), high-speed rail corridors, IT+ITES zones, and large data center concentration zones.The trend was said to be particularly prominent in and around the Mumbai Metropolitan Region (MMR), with the planned decongestion of Mumbai and ancillary locations, where potential returns were expected to reach four times over the next decade.It was noted that the growth of the MMR was driven by various infrastructure projects, such as the Mumbai Trans-Harbour Link (MTHL), Navi Mumbai Airport Influence Notified Area (NAINA), Virar-Alibaug Multimodal Corridor, Mumbai-Pune Missing Link Project, and the JNPT extension. The report also mentioned that the operationalisation of Bangalore Kempegowda International Airport added a new dimension to the expansion of North Bangalore.The report further stated that the announcements of new projects had contributed to a nearly 2.5 times increase in land prices, from Rs 1,800 to Rs 4,500 per sq ft between 2020 and 2024, with the most pronounced appreciation in the north Bangalore micro-markets, such as Devanahalli, Chikkaballapur, Hebbal, and Yelahanka.It was expected that the upcoming Navi Mumbai International Airport, India’s first airport with multi-modal transport connectivity, would serve 90 million passengers annually and boost growth around the 90,000 acres of surrounding land through the NAINA project. This, the report stated, would drive the growth of real estate in the region, with land prices projected to appreciate nearly 3.9 times over the next five years, from Rs 4,200 to Rs 16,200 per sq ft in micro-markets like Khopoli nd Pen.The report further mentioned that the upcoming Jewar airport in Uttar Pradesh was expected to be the biggest catalyst for urbanisation in the state. Government initiatives like YEIDA, International Film City, and Metro Line Expansion had provided further impetus to the growth of Jewar as a township, contributing to a nearly 1.4 times increase in land prices over the last five years, from Rs 5,000 to Rs 7,000 per sq ft .In relation to the Chennai Peripheral Ring Road project, the report noted that once completed, it was expected to drive the growth of satellite towns like Sriperumbudur, Singaperumalkoil, and others, which had witnessed a land price appreciation of nearly 1.5 times in the last five years, from Rs 2,500 to Rs 3,800 per sq ft . The Colliers report concluded by stating that the neighbourhoods were expected to continue flourishing in the coming years, backed by upcoming projects like Fintech City and the proposed Chennai Greenfield Airport at Parandur.