Noida International Airport: Jewar Airport Spurs Dramatic Growth and Rising Aspirations in NCR’s Real Estate Market

The upcoming Noida International Airport, commonly known as Jewar Airport, is transforming the real estate landscape in the National Capital Region (NCR), fuelling a surge in demand, prices, and infrastructure development. Backed by aggressive government planning and private sector interest, this mega infrastructure project is creating waves across both residential and commercial segments.

Recent research by Square Yards highlights that property prices near existing and upcoming airports in India have surged by 70–120% in the last four years—far outpacing general market trends. This boom is especially evident around key aviation hubs like Jewar Airport, where areas along the Yamuna Expressway have witnessed nearly a 90% rise in apartment values alone during the same timeframe.

The launch of Jewar Airport is reshaping the property landscape across the National Capital Region (NCR), driving a surge in real estate values and investor interest. Industry experts note that access, foresight, and strategic location are key factors rewriting the value map in NCR’s property markets.

Key Benefits and Trends Fueled by Jewar Airport:

Dramatic Price Growth: Residential apartment prices along the Yamuna Expressway have nearly doubled over the past four years, currently averaging between ₹7,000 and ₹9,000 per square foot. Residential plots have witnessed even steeper appreciation, with some corridors experiencing value surges of up to 118%.

Robust Demand: The airport’s strategic location near expressways and major industrial corridors has turned the region into a magnet for both investors and homebuyers. Developers are rapidly launching new residential townships, commercial complexes, and mixed-use projects to meet growing demand.

Commercial Expansion: The upcoming Jewar Aerocity, a sprawling 5,000-acre commercial hub adjacent to the airport, promises state-of-the-art business parks, over 100 hotels, retail outlets, and entertainment centers. Expected to generate over 200,000 jobs and attract investments of approximately ₹50,000 crore, this initiative is set to elevate NCR’s profile, drawing both domestic and foreign capital.

As Jewar Airport continues to drive infrastructural and economic growth, the region is poised to become a major real estate hotspot, reflecting the broader aspirations of NCR’s residents and investors alike.