Jewar Airport: A Game Changer for Real Estate and Investment in the Region

The Jewar International Airport (officially known as Noida International Airport) is not just an infrastructure project; it’s a transformative venture that will redefine the economic landscape of the entire Delhi-NCR (National Capital Region) region. Situated in Jewar, in the Gautam Buddh Nagar district of Uttar Pradesh, this mega project is one of the largest airports under construction in India. The airport is expected to boost various sectors, with real estate being one of the most significant beneficiaries. With Jewar Airport nearing completion, the surrounding areas have witnessed an unprecedented boom in real estate development, attracting a host of developers and investors.

This article will delve deep into the impact of Jewar Airport on property values, the key builders and developers in the region, and why investing in real estate around Jewar Airport is a smart decision. We will also include FAQs and some property-related details for your inquiries, including builder names and contact information.

1. Jewar Airport: The Vision and Scale

The Jewar International Airport is designed to be India’s largest airport and one of the largest in Asia upon completion. With an estimated cost of ₹29,560 crore, the airport will spread over 5,000 hectares and will have the capacity to handle 12 million passengers annually in its first phase, expanding up to 100 million passengers per year once fully operational. The airport will have six runways, and its strategic location—approximately 70 kilometers from Delhi and 40 kilometers from Noida—makes it accessible for domestic and international travelers.

The primary aim of the airport is to decongest the Indira Gandhi International Airport in Delhi and promote growth in the surrounding areas of Noida, Greater Noida, and Yamuna Expressway. Jewar Airport is expected to generate jobs, attract businesses, and create a vibrant economic ecosystem in the region.

2. Impact of Jewar Airport on Real Estate Development

a. Increased Demand for Residential and Commercial Spaces

The real estate market around Jewar Airport has seen an exponential rise in demand for both residential and commercial properties. Several leading real estate developers have started projects in the vicinity, recognizing the potential of the airport to drive growth.

The airport’s proximity to Yamuna Expressway, which connects Delhi with Agra, has further fueled this demand, as it ensures smooth connectivity to key cities. Several proposed developments, such as metro connectivity, industrial corridors, and logistics hubs, are also in the pipeline, boosting the overall attractiveness of the area.

b. Rising Property Prices

Property prices in the areas around Jewar Airport, such as Jewar, Greater Noida, and Yamuna Expressway, have witnessed a sharp increase in recent years. The region has become a hotspot for real estate investors, with property prices expected to grow even further in the coming years. This trend is driven by several factors:

• Proximity to the Noida-Greater Noida Industrial Development Area
• Connectivity through Yamuna Expressway and Eastern Peripheral Expressway
• Upcoming metro rail connectivity
• Development of the Film City, industrial hubs, and IT parks around the airport

Investors who bought land early in the project have already seen their property values appreciate significantly. As the airport nears its completion date, the rate of appreciation is expected to accelerate even more.

c. Growth of Satellite Towns and Smart Cities

Jewar Airport is expected to foster the development of satellite towns and smart cities around the region. Planned infrastructure, coupled with the airport’s proximity to the Yamuna Expressway Industrial Development Authority (YEIDA) area, will create an ecosystem conducive to commercial and industrial growth.

Several sectors are already seeing development, including:

• Jewar and Yamuna Expressway: Planned residential and commercial projects, tech parks, and industrial setups.
• Tappal: A town near Jewar that is fast emerging as a residential hub with affordable housing projects.
• Greater Noida: Already a developed city, but with ongoing projects, the proximity to the airport will drive further demand.

3. Key Builders and Real Estate Developers Around Jewar Airport

Many prominent builders and developers have launched projects in the Jewar Airport region, offering a mix of residential, commercial, and industrial properties. Below are some of the top developers and their projects near Jewar Airport:

a. ATS Infrastructure Ltd.

Project Name: ATS Allure
Type: Residential Apartments
Location: Yamuna Expressway
Highlights: ATS Allure offers premium residential apartments with world-class amenities. The project is well-connected to the upcoming airport and major hubs of Noida and Greater Noida.

Contact Information:
Phone: +91-120-4808400
Website: ATS Infrastructure

b. Gaursons India Ltd.

Project Name: Gaur Yamuna City
Type: Integrated Township
Location: Yamuna Expressway
Highlights: Gaur Yamuna City is an integrated township offering a range of residential and commercial properties. It spans over 250 acres and offers villas, plots, and high-rise apartments.

Contact Information:
Phone: +91-98101-14444
Website: Gaursons India

c. Supertech Ltd.

Project Name: Supertech Golf Country
Type: Residential Villas and Apartments
Location: Yamuna Expressway
Highlights: Supertech Golf Country is a premium residential project offering luxury villas and high-end apartments with state-of-the-art facilities. The project is strategically located near the airport and industrial zones.

Contact Information:
Phone: +91-120-6911000
Website: Supertech

d. TATA Housing

Project Name: Tata Value Homes
Type: Affordable Housing
Location: Sector 150, Noida
Highlights: Tata Value Homes is focused on delivering affordable yet quality housing. Located in Noida, it offers easy access to both Delhi and Jewar Airport through the Yamuna Expressway.

Contact Information:
Phone: +91-22-66610000
Website: Tata Housing

e. Godrej Properties

Project Name: Godrej Golf Links
Type: Villas and Apartments
Location: Greater Noida
Highlights: Godrej Golf Links is a luxurious township project offering premium villas and apartments. It is located near Pari Chowk, Greater Noida, and offers excellent connectivity to Jewar Airport and Noida.

Contact Information:
Phone: +91-22-6886-8888
Website: Godrej Properties

f. Mahagun Group

Project Name: Mahagun Meadows
Type: Residential Villas and Apartments
Location: Sector 150, Noida
Highlights: Mahagun Meadows is a premium residential project offering 2, 3, and 4 BHK apartments and villas. It is located near the upcoming metro station and provides excellent connectivity to the airport.

Contact Information:
Phone: +91-120-4500000
Website: Mahagun Group

4. Why Invest in Property Near Jewar Airport?

a. Strategic Location and Connectivity

Jewar Airport’s location near Yamuna Expressway and close proximity to Delhi and Noida make it an attractive spot for residential, commercial, and industrial investments. The airport’s development will provide seamless connectivity to national and international destinations, while the metro and road infrastructure around the region will improve the local connectivity.

b. Price Appreciation and ROI

Jewar Airport has led to a dramatic increase in land prices in the region, making early investments highly lucrative. Properties around Jewar, Greater Noida, and Yamuna Expressway are witnessing year-on-year appreciation. Investors who are looking at long-term gains can expect high returns as infrastructure develops further, and the airport becomes operational.

c. Industrial and Commercial Growth

With the government’s focus on industrial corridors, logistics hubs, and IT parks in the region, the airport will foster the development of several commercial zones. This will attract businesses, thereby increasing the demand for office spaces and commercial properties.

d. Government Initiatives and Support

The Uttar Pradesh government, in collaboration with the Central Government, has taken several initiatives to boost the growth of the region. Jewar Airport has been given the status of a mega infrastructure project, and the Yamuna Expressway Industrial Development Authority (YEIDA) has approved several residential, industrial, and commercial projects, which makes the area a key hub for future developments.

e. Lifestyle and Amenities

With the rise of premium residential projects, integrated townships, and luxury villas, the Jewar Airport region is poised to offer a superior lifestyle. World-class amenities such as schools, hospitals, shopping malls, and recreational centers are being developed by leading builders, making the region an ideal destination for homebuyers.

5. FAQs on Jewar Airport and Real Estate Around it

Q1. When will Jewar Airport become operational?

The first phase of Jewar Airport is expected to be operational by 2024, with four runways and the capacity to handle 12 million passengers annually.

Q2. What are the key infrastructure projects planned around Jewar Airport?

Apart from the airport, several infrastructure projects are planned, including metro connectivity, industrial corridors, logistics hubs, and commercial centers. The area will also see improved road infrastructure with the expansion of the Yamuna Expressway and the construction of additional link roads to Delhi and Greater Noida.

Q3. How much has property price increased around Jewar Airport?

Property prices in the vicinity of Jewar Airport have seen an increase of approximately 30% to 50% over the last few years. As the airport’s construction progresses, prices are expected to rise further, with potential price appreciation of up to 100% in the coming decade.

Q4. What are the best locations to invest in near Jewar Airport?

Some of the most promising locations to invest in near Jewar Airport include Jewar Town, Yamuna Expressway, Greater Noida, Tappal, and Sector 150 in Noida. These areas offer a mix of residential, commercial, and industrial properties.

Q5. Which type of property should I invest in around Jewar Airport – residential or commercial?

Both residential and commercial properties offer excellent investment potential around Jewar Airport. If you’re looking for long-term capital appreciation, residential projects in integrated townships and luxury villas are promising. For those interested in commercial ventures, office spaces and industrial units near upcoming IT parks and industrial zones can provide strong rental yields and capital gains.

Q6. What kind of return on investment (ROI) can I expect from properties around Jewar Airport?

Early investors in the Jewar Airport region have already witnessed property appreciation between 30% to 50% in the last few years. With the airport and related infrastructure nearing completion, investors can expect further appreciation in property values, with long-term ROI projections between 50% to 100% in the next 5 to 10 years.

Q7. Are there affordable housing options near Jewar Airport?

Yes, several affordable housing projects are being developed by major builders like Gaursons, Tata Housing, and ATS Greens. These projects cater to first-time homebuyers and middle-income families, offering modern amenities at competitive prices.

Q8. Can I buy land around Jewar Airport for investment purposes?

Yes, you can buy land parcels around Jewar Airport. Many investors are purchasing plots in areas like Jewar, Tappal, and along the Yamuna Expressway for long-term appreciation. However, it is essential to verify land titles and ensure all necessary approvals are in place before making a purchase.

Conclusion

The development of Jewar International Airport is poised to change the real estate dynamics in the Delhi-NCR region, particularly around Jewar, Greater Noida, and the Yamuna Expressway. With the airport set to become operational soon, this is the perfect time for investors to capitalize on the booming real estate market. Whether you are looking for residential properties, commercial investments, or industrial spaces, the Jewar Airport region offers endless opportunities with the promise of high returns on investment. The rapid infrastructure development, coupled with growing demand for real estate, makes this a prime destination for property investments.

If you’re interested in making an investment or want more information about property options around Jewar Airport, reach out to the developers mentioned above or visit their official websites for further inquiries.