Jewar Airport: A Game-Changer for NCR's Real Estate Market
The Noida International Airport at Jewar, set to open on October 30, is expected to significantly boost the real estate market in the National Capital Region, driving demand and increasing property values.
Real EstateNcrJewar AirportProperty MarketNoidaReal EstateSep 19, 2025
New Delhi: India’s newest aviation hub, the Noida International Airport at Jewar, will be inaugurated on October 30, with commercial flights expected to begin within 45 days, Union Civil Aviation Minister Kinjarapu Rammohan Naidu announced. Initially, the airport will connect at least 10 Indian cities, with plans to expand rapidly.
Real Estate Market Transformation
Real estate experts say the project is poised to reshape the National Capital Region’s (NCR) property market, driving demand across residential, commercial, industrial, hospitality, retail, and logistics sectors. With improved links to domestic and international destinations, the airport is expected to attract industries such as technology and logistics, while also unlocking office space demand and large-scale employment opportunities.
Enhanced Connectivity and Real Estate Potential
“The Noida International Airport at Jewar, opening in 2025 with a 12 million passenger capacity, scalable to 120 million by 2050, will transform North India’s economic landscape… Enhanced connectivity will serve as a pull factor for economic anchors such as office, unlocking real estate potential of the region,” a HT report quoted Ankita Sood, National Director-Research, Knight Frank India as saying.
Rising Demand and Soaring Prices
The Greater Noida, Yamuna Expressway, and Greater Noida West corridors are expected to benefit the most. Demand for plotted developments and gated townships has already surged, with property values more than doubling in the last five years, according to Square Yards. “Every real estate market has its inflection point, and Noida’s is unfolding now, especially with the inauguration of the Jewar airport,” said Ashish Jerath, President - Sales & Marketing, Smartworld Developers.
Developer Push: Luxury and Townships
Developers are positioning themselves aggressively. As per the report, Gaurs Group has acquired a 12-acre land parcel on the Yamuna Expressway for a premium residential project worth Rs 1,400 crore, featuring high-rise ultra-luxury residences. The company already runs the 250-acre Gaur Yamuna City township, launched in 2014. Meanwhile, ACE Group recently announced crossing Rs 5,000 crore in cumulative sales along the Yamuna Expressway corridor, across plotted developments, apartments, studio units, retail, and commercial assets, the report added.
Noida: A Strong Position in Luxury Real Estate
“Noida today commands a strong position in Delhi-NCR’s luxury real estate landscape… With the Noida International Airport set to become a global transit hub, the city is entering another phase of growth,” said Aman Nagar of Paras Buildtech.
Risks: Scams and Caution for Buyers
While the opportunities are immense, experts caution buyers and investors to be vigilant. “Land prices in the region have already appreciated by nearly 1.6X between 2020 and 2025, with potential growth of a further 25-30% post-operation of the airport,” said Swapnil Anil, MD, Advisory Services, Colliers India. According to Square Yards’ Ravi Nirwal, due diligence is critical: “Verifying property documents, payment plans, and developers’ track records is essential. Equally important is evaluating connectivity, infrastructure, and overall location advantages before making a decision.”
New AAI Rules to Curb Supply
Adding to the mix, the Yamuna Expressway Industrial Development Authority (YEIDA) has mandated that any project within a 20 km radius of the airport must obtain approval from the Airport Authority of India (AAI). Construction must comply with aviation safety guidelines or face rejection. Experts say these restrictions will limit new supply, pushing land and flat prices even higher as demand accelerates once the airport becomes operational.
Frequently Asked Questions
When will the Noida International Airport at Jewar be inaugurated?
The Noida International Airport at Jewar will be inaugurated on October 30, with commercial flights expected to begin within 45 days.
How will the airport impact the NCR real estate market?
The airport is expected to reshape the NCR real estate market by driving demand across residential, commercial, industrial, hospitality, retail, and logistics sectors.
Which areas are expected to benefit the most from the airport’s development?
The Greater Noida, Yamuna Expressway, and Greater Noida West corridors are expected to benefit the most, with property values more than doubling in the last five years.
What are the risks for buyers and investors in the region?
Buyers and investors are cautioned to be vigilant due to the risk of land scams and the importance of due diligence, including verifying property documents, payment plans, and developers’ track records.
What new regulations have been introduced for projects near the airport?
The Yamuna Expressway Industrial Development Authority (YEIDA) has mandated that any project within a 20 km radius of the airport must obtain approval from the Airport Authority of India (AAI) and comply with aviation safety guidelines.
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