Investor Alert: Noida International Airport Rewrites Noida’s Property Rulebook

Did you feel that seismic shift rumbling beneath Noida’s skyline? No! 

It’s Noida International Airport in Jewar. What was once just a patch on the map is now turning into NCR’s most powerful investment magnet. If you think that Noida’s property game was already hot, buckle up because this mega project marvels at the game. 

Ready to decode the real estate turbulence before it turns into takeoff? Let’s dive in. 

Jewar International Airport–Quick Facts

Noida International Airport will be Asia’s largest airport upon completion. Located close to Yamuna Expressway, it will enhance the connectivity of the region and place cities such as Agra, Mathura, Aligarh, Lucknow, and Alwar on the international aviation map. 

Get a crux idea about an upcoming runway project in Noida:

The airport is in developed by Zurich International Airport with Yamuna Expressway Industrial Development Authority (YEIDA). Jewar International Airport in Gautam Buddha Nagar has successfully taken its test flights and is scheduled to become officially operational in the next few months.

Noida International Airport is the first in India to have 100% foreign direct investment (FDI) in the aviation industry.  

Flight Testing Validation  

On Monday, December 09, 2024, Noida International Airport completed its validation flight testing. It was carried out using an Indigo A320 passenger aircraft, which took off at Indira Gandhi International Airport (IGI) and landed at Noida International Airport in Jewar.

The YEIDA has purchased land to enable the construction of the airport, and not a single court case or farmer protest has been reported. This has become a benchmark in the country as a model of conflict-free land acquisition.

Infrastructural Connectivity

A strong multi-modal network will connect Noida International Airport:

• Highways Connectivity

Connected to Delhi-Ghaziabad-Meerut Expressway, Ghaziabad-Aligarh Expressway (NH-34), Yamuna Expressway, Delhi-Mumbai Expressway (through Faridabad to have direct access), and Eastern Peripheral Expressway (KGP).

• Metro 

Linked to Noida Metro (via Greater Noida route) and Delhi Metro (via Faridabad, Ballabgarh, Jewar). 

• Rapid Transit

72 km* RRTS-cum-metro corridor stretching from Ghaziabad rapid rail station to Noida International Airport. 

• Monorail

The UP government is considering a monorail connection between Delhi and Jewar Airport.

• Pod Taxi (PRT)

YEIDA is building the first 14.5 km* pod taxi network in India with 12 stations, linking Jewar Airport to Noida Film City in Sector 21.

• Rail Connectivity

There are plans to connect the airport to Chola Railway Station in Bulandshahr through a dedicated rail corridor.

Real Estate Boom: Shifting Beyond Residential

Residential Increases and New Projects

Jewar has become one of the fastest-growing real estate micro-markets in India. Colliers India estimates that land prices have increased by ~40 percent in the last five years, to 5,000 to 7,000/sq ft, and are expected to rise to 10,482/sq ft by 2030.

This boom drives the demand for properties in Noida for sale, particularly ready-to-move properties to invest in and around Greater Noida and Yamuna Expressway.

Top 5  Noida Expressway Residential Properties for Investment

The five hottest investment destinations along the Noida Expressway corridor include:

• Godrej Properties
• ACE Group
• M3M India
• Mahagun Group
• Sikka Group

These real estate builders offer immense space and opportunity to families, professionals, and investors seeking to enjoy capital appreciation and lifestyle enhancements.

The Rise of Commercial & Retail Revolution

Shops, Retail Space & Investment Horizons

The demand for shops in Noida, especially retail shops in Noida, is soaring high with the footfall of the airport. Investors interested in retail shops in Noida, which include booking process, pricing, addresses, and locations, are eager to capitalize on this trend. 

Notably, the commercial shops in Noida Expressway locations are becoming a hotspot as the best location to have cafes, travel shops, and specialty stores.

Early retail space in Noida products around metro stations and transit corridors provides good visibility and ROI potential to investors.

Noida Commercial Shops On Sale 

Commercial shops in Noida for sale are likely to be in high-demand assets given the number of passengers that are projected to use the airport daily. 

These include:

• Retail leases in terminals
• Commercial units facing the expressway
• Airport city plan retail zones

Proximity Cities of NCR

Yamuna Expressway CEO R.K. Singh said Jewar Airport is not only an NCR airport, but it is also strategically linked to various parts of India. This includes:

Accessibility and Major Agreements

Regional Access

The strategic transport links of Jewar Airport are unmatched. A Memorandum of Understanding with Uttarakhand Transport Corporation guarantees direct bus services to Dehradun, Rishikesh, Haridwar, and Haldwani on the first day of commercial operations. 

In the meantime, the 30-year agreement between Indian Oil and the facility to run three fuel stations, one of which is located at the passenger gate, airside, and cargo precinct, highlights the readiness of the facility to operate as of April 2025. 

Integration of Expressway and Metro

The Noida Metro is extended, and a proposed rapid rail corridor further improves access, making it an ideal location to base commercial shops in Noida Expressway and shops in Noida for sale that target high-footfall areas.

Government initiatives supporting growth

Jewar’s transformation is further supported by government initiatives such as the Yamuna Expressway Industrial Development Authority (YEIDA) projects, the International Film City, and the metro line expansion. These measures have contributed to a sharp rise in land prices, with values increasing from ₹5,000 per square foot in 2020 to ₹7,000 per square foot in 2024. The report estimates land prices could reach ₹10,482 per square foot by 2030.

Emerging micro-markets in India

Jewar is part of a group of eight emerging real estate micro-markets in India identified by Colliers India as thriving due to major infrastructure developments. Other locations include Sonipat (NCR), Khopoli (MMR, Maharashtra), GIFT City (Gandhinagar, Gujarat), Sanand (Ahmedabad, Gujarat), Doddaballapur (Bengaluru, Karnataka), Oragadam (Chennai, Tamil Nadu), and Mucherla (Hyderabad, Telangana). 

Future Developments–Upcoming

• Indian Oil Corporation Ltd. to Operate Fuel Stations at Noida International Airport, National, 2 January 2025: Noida International Airport (NIA) has signed a 30-year concession agreement with Indian Oil Corporation Ltd (IOCL) to operate fuel stations at three key locations within the airport premises.

• Indian Railways is building an underground transport system that will connect the Amritsar-Kolkata corridor through the Chola line, which is only 16 km* away from Jewar, the first of its kind.

• Noida International Airport strengthens connectivity with Electric Vehicle Fleet. 

• The board approved the construction of a new police station on 1000 sq. m. of land on the Noida international airport area to strengthen the regional security.

 Investor Playbook: Why Now?

• Early-stage value is available in the form of properties in Noida on sale near the expressway and metro-starved Jewar.

• The real estate in Noida Expressway is runway-ready to expand.

• Investing in ready-to-move property in Greater Noida West or Jewar guarantees instant use and appreciation.

• The commercial shops in Noida and retail shops in Noida are being sold at strategic locations- this will provide an opportunity to lease at premium rates when the airport is opened.

• The land prices are expected to rise to 10,482/sq ft by 2030, and by investing now, the investors can enjoy the future capital gains.

The Crux: Something Big Is Taking Off

Jewar is not only constructing an airport but a future. It is not just a transportation hub; it is a real estate catalyst. This area will be a bomb in terms of value with highways, metros, and rapid rails coming together here.

The land is disappearing, the prices are rising, and the real estate is silently becoming gold. You may be late already if you are still watching.
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