The much-anticipated Noida International Airport is already reshaping the real estate landscape in Noida and Greater Noida. While the airport is still under construction, property prices near Jewar are witnessing an unprecedented surge. Recent data from the Yamuna Expressway Industrial Development Authority (YEIDA) confirms a massive spike in both commercial and residential property rates. This has made investors and homebuyers increasingly interested in housing projects near the upcoming Jewar Airport.
Property Prices Near Jewar Airport Soar to New Heights
According to reports, Noida International Airport is expected to be operational by May 2025. With this major infrastructure project in the pipeline, property prices have already skyrocketed. Office spaces near Jewar Airport have seen a staggering 110% rise, with rental rates jumping from ₹25,000 to ₹52,000 per month.
Similarly, housing plot prices near Jewar Airport have increased significantly. Previously priced at ₹25,000 per square meter, they now cost around ₹32,000 per square meter. The rapid rise in demand for real estate in Noida and Greater Noida is driving these price hikes, thus making the region a hotspot for investors.
YEIDA’s Decision Sparks Further Interest in Noida & Greater Noida
The YEIDA's recent pricing revisions have had a direct impact on the real estate market in Noida and Greater Noida. Reports indicate that:
- Small industrial plots (4000 sqm) now cost ₹15,000 per sqm.
- Larger industrial plots have witnessed significant price hikes as well.
This means that housing projects near Jewar Airport are set to benefit significantly. The demand for residential and commercial properties is only expected to grow as the airport nears completion.
Is This the Right Time to Invest in Noida & Greater Noida?
Experts predict that once Jewar Airport starts operations, property prices near Noida International Airport will surge even further. With the airport expected to boost connectivity and attract businesses, the real estate values in Noida and Greater Noida could hit record highs.
Investors are already securing plots and commercial spaces, anticipating significant returns in the coming years. If you’re considering buying property, this could be the perfect time to invest before prices climb even higher.
As Noida International Airport brings new opportunities, Noida and Greater Noida are rapidly transforming into prime real estate destinations.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)