The upcoming Jewar Airport, officially known as Noida International Airport, is one of India’s most ambitious infrastructure projects. Scheduled to be operational by April 2025, the airport is expected to significantly impact the real estate markets of Faridabad and Greater Noida.
In this blog, we’ll explore how Jewar Airport will influence property prices, economic development, and connectivity — making it a game-changer for real estate investors and homebuyers.
What Is Jewar Airport?
Jewar Airport is being constructed in Jewar, Gautam Buddha Nagar, Uttar Pradesh, approximately 70 km from Delhi. Once fully developed, it will be the largest airport in India, with an expected capacity of 12 million passengers annually in its first phase alone.
The airport aims to:
- Reduce pressure on Delhi’s IGI Airport
- Improve national and international air connectivity
- Boost trade, tourism, and employment
- Drive infrastructure growth in nearby regions
Why Jewar Airport Is a Game-Changer for Real Estate
Jewar Airport is more than just an aviation project. It’s a growth engine that will open up new opportunities for real estate in the surrounding areas — especially Faridabad and Greater Noida.
Key Reasons Property Prices Will Rise
1. Enhanced Connectivity
Infrastructure projects play a huge role in real estate development. Jewar Airport is being supported by several upcoming road networks that will directly connect it to Faridabad and Greater Noida:
- Faridabad–Jewar Expressway: Will cut travel time between Faridabad and the airport to just 20–30 minutes.
- DND–KMP Expressway: A six-lane expressway connecting Delhi, Noida, Faridabad, and Jewar.
- Yamuna Expressway: Already connects Greater Noida to Agra and now links to the airport as well.
This level of connectivity improves commute times and increases the liveability of these regions, leading to higher real estate demand.
2. Job Creation and Economic Development
The airport is expected to bring thousands of job opportunities in aviation, logistics, hospitality, and related industries. It will also attract global companies to set up operations near the airport.
Recently, HCL and Foxconn received approval for a semiconductor plant worth ₹3,700 crore near Jewar. Projects like this will:
- Attract working professionals and families to relocate
- Increase demand for residential and rental properties
- Create a ripple effect on the local economy
3. Rising Demand for Residential and Commercial Properties
Both Faridabad and Greater Noida are already seeing an increase in real estate activity. According to recent market reports:
- Property rates in Greater Noida (near the airport) have risen by over 90% between 2020 and 2025.
- Faridabad is witnessing consistent price growth at around 8–10% annually.
- Developers are launching new residential, commercial, and plotted projects in anticipation of the airport opening.
The demand for affordable housing, luxury villas, and retail spaces is expected to grow steadily.
4. Government Support and Policy Boosts
The Uttar Pradesh government is fully supporting the growth of the airport region with policy reforms and land-use changes. Key initiatives include:
- A proposed 20% to 70% hike in circle rates in Noida, Greater Noida, and Jewar starting April 2025
- Fast-track land acquisition for airport-related infrastructure
- Development of industrial parks and logistics hubs nearby
These efforts create a business-friendly environment that encourages investment and real estate development.
5. Strategic Importance of Faridabad and Greater Noida
Faridabad offers a unique advantage due to its central location and affordable pricing compared to Gurugram and Noida. connected via:
- Delhi Metro (Violet Line)
- Eastern and Western Peripheral Expressways
- National Highways (NH-2, NH-19)
Greater Noida, on the other hand, has planned sectors, better civic amenities, and proximity to the Yamuna Expressway. Both cities offer:
- Lower entry cost for investors
- Strong future appreciation potential
- High rental yield prospects
Where to Invest Near Jewar Airport
If you’re looking to invest in property, consider these high-growth areas:
In Greater Noida:
- Sectors near Yamuna Expressway
- Jewar–Tappal corridor
- Techzone and Knowledge Park
- YEIDA-planned townships
In Faridabad:
- Greater Faridabad (Neharpar area)
- Sectors along the Faridabad-Jewar Expressway
- Ballabhgarh and Sector 88–89 belt
- Industrial zones along Palwal Road
These locations are witnessing high developer interest and are projected to show strong returns over the next 5–10 years.
Best Time to Invest Is Now
Invest before Jewar Airport is completed in May 2025, and you will likely see the best real estate returns as prices are expected to rise sharply.
If you invest now, you can:
- Buy at lower rates before the airport becomes operational
- Enjoy capital appreciation in the coming years
- Benefit from the growing demand for rental and commercial properties
Final Thoughts
The development of Jewar Airport is not just an infrastructure milestone — it’s a turning point for NCR’s real estate market.
Whether you are a homebuyer, long-term investor, or commercial developer, this is the right time to explore opportunities around Jewar Airport.
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