A Game-Changer for Noida’s Development in 2024

Jewar Airport’s first phase will be operational this year, and it will have a significant impact on several cities of NCR such as Noida, Greater Noida, Ghaziabad, and Faridabad. Speculations are that it will serve the same purpose as IGI Airport did for Gurugram.

The upcoming Jewar Airport in Gautam Buddh Nagar, Uttar Pradesh, is poised to have a trans formative impact on Noida’s real estate sector. Its strategic location near major cities like Noida, Greater Noida, Ghaziabad, and Faridabad will significantly boost economic activities in the region.

Why Should You Invest In Noida?

For investors eyeing Noida’s Sector 142, the airport’s presence will be particularly advantageous. This sector, known for its commercial significance and housing multinational companies like One Fng, Advant Navis, and Ansal API Corporate Park, along with upcoming projects like Splendor ONYX Blue by Splendor Group, will experience exponential growth due to its proximity to Jewar Airport.

Overall, the airport’s presence will lead to a substantial transformation of the real estate landscape in Noida and its surrounding areas. Enhanced connectivity will attract businesses, investors, and families, driving demand for both residential & commercial properties in Noida.

Strategic Location

The strategic location of the airport is expected to draw both local and foreign investments, making it a hub of economic activity within the National Capital Region (NCR). This influx of investment is likely to spur the establishment of multinational companies, leading to the creation of job opportunities and supporting industries.

The corporate influx will drive demand for office spaces, especially in sectors near the airport. Additionally, the development of the airport is fueling a surge in demand for luxury housing, prompting developers to launch upscale projects with international standards and amenities.

Investors can expect significant capital appreciation as property values are anticipated to rise sharply with the completion of the airport. Moreover, property owners can benefit from the growing rental market, catering to business travellers, tourists, and employees seeking convenient and well-maintained rental properties in the vicinity.

In summary, the Jewar Airport’s impending completion is set to redefine Noida’s real estate landscape, offering lucrative opportunities for investors and residents alike. Its strategic location, coupled with improved connectivity and the influx of businesses, will drive demand for both commercial and residential properties, ensuring sustained growth and development in the region.