Noida International Airport at Jewar is scheduled to be inaugurated on March 28, 2026, by the Honorable Prime Minister of India, Narendra Modi. This is Asia’s largest Greenfield airport, which will help decongest Delhi’s IGI and create over 1 lakh direct and indirect jobs. It will also help to turn the Yamuna Expressway corridor into NCR’s upcoming economic powerhouse.
Residential projects near Jewar Airport are also highly impacted by this airport. Because of this project, property prices have already increased by 92% in Noida and by up to 98% in Greater Noida. According to market experts, prices are also forecast to increase by 20-30% along the Yamuna Expressway. For investors and homebuyers, investing near the Jewar Airport is the best opportunity to multiply their investment.
Impact of Jewar airport on Noida’s real estate
Here is the impact of the Jewar airport on real estate investment:
1. Becoming a catalyst for property demand
The announcement of the Jewar airport inauguration has already sparked demand for properties in nearby areas like Greater Noida, Noida Extension, and Yamuna Expressway. These areas are attracting investors from across the country who are looking to multiply the funds in the future. Thus, demand for both commercial and residential properties has increased significantly in Noida and other parts of NCR. Buyers looking for long-term investment are especially drawn to villas, apartments, and residential plots along the Expressway.
2. Rising price of property in Jewar
With the development of Noida International Airport in Jewar, there has been a significant appreciation in property prices as well. Since the announcement of the project, the property rates in areas like Yamuna Expressway and Greater Noida have increased by approximately 20 to 30%. This increase in prices is further expected, especially once the airport is operational. Not to mention, this will further boost the local economy.
3. Increasing opportunities in the NCR region
The airport's location is ideal for transforming the NCR market into a major logistics and economic center that can benefit the residents tremendously. Hospitality projects, retail establishments, and commercial spaces are being developed in the area to increase employment, investment, and entrepreneurial opportunities.
4. Improved connectivity and infrastructure
The development of the airport has had secondary benefits as well. With extensive infrastructure upgrades in this region, the connectivity and infrastructure have also improved a lot. With various projects, such as the Eastern Peripheral Expressway, the Delhi-Mumbai Industrial Corridor (DMIC), and the impending metro extension, accessibility has significantly improved. Moreover, buyers looking for less crowded localities with convenient access to major economic hubs find the Yamuna Expressway and Greater Noida much more promising options. This area also offers better living conditions for those seeking a luxurious and comfortable lifestyle.
5. Development of integrated townships
In response to ongoing demand, various developers are launching new housing projects and townships along the Yamuna Expressway and near Jewar airport. These developments aim to offer luxurious amenities and a higher quality of life compared to other densely populated parts of the NCR. This significant influx of businesses and residents is also expected to drive demand for hospitals, schools, social infrastructure, and shopping complexes, fostering significant regional development.
6. Broader implications for the NCR market
Noida’s Jewar airport property prices are a total game-changer in the NCR region. It has potentially shifted focus from traditional areas like Gurgaon and Noida to the emerging areas near the Yamuna Expressway. It also provides an alternative to IGI Airport, making nearby locations more viable for companies looking to establish new facilities with premium workspace.
Jewar Airport: A New Chapter for NCR Real Estate
The Noida Jewar Airport is bound to have a significant impact on the real estate sector. This will also influence people who are majorly planning for their next real estate investment in India. The airport will mainly benefit areas such as Noida Extension, Yamuna Expressway, and Greater Noida, making it a great investment hub.
