Noida Real Estate Soars: Yamuna Expressway Property Prices Nearly Triple with Jewar Airport Development
Want to own a home along the Yamuna Expressway? The aspiration has become significantly more expensive over the past five years, as apartment prices in the national capital region have surged, with average rates nearly tripling, according to real estate consultant Square Yards.
The surge has been attributed largely to major infrastructure development in the region, particularly the upcoming Noida International Airport. While the sharp upswing has defined the past few years, Square Yards expects the pace of growth to ease ahead, projecting a 22% rise in prices over the next two years. The findings were published in a report titled “Runway to Realty: How Noida International Airport is Reshaping Realty”, released on Thursday.
The report, as cited by PTI, outlines how property values across the Yamuna Expressway corridor have risen significantly between 2020 and 2025, driven by the development of the international airport at Jewar in Uttar Pradesh. The Noida International Airport, set to be inaugurated on Saturday by PM Narendra Modi, is being developed as a major international gateway for the National Capital Region. According to Square Yards, “Apartment prices have nearly tripled over the past five years, while plot values have risen by an average of 1.5 times, with select micro-markets witnessing up to 5 times growth, reflecting strong investor-led momentum driven by infrastructure development.”
The report highlights a divergence in demand patterns, noting that plot prices have risen more sharply due to investor-led activity connected to progress on the airport, while apartment prices have shown steadier growth driven by end-user demand. What’s ahead? Looking ahead to 2026 and 2027, the consultant expects the market to stabilise at higher levels. It notes that plots are likely to see limited further gains after a phase of speculative growth, while apartments are expected to gain increased traction as the market matures. Over this period, plot values are projected to increase by 28%, while apartment prices are expected to rise by 22%.
As per the data, average apartment prices were recorded at Rs 9,600 per sq ft last year, while plot rates stood at Rs 2,500 per sq ft. By 2027, these are expected to reach Rs 11,800 per sq ft for apartments and Rs 3,200 per sq ft for plots. The report notes that these figures are based on average rates from verified listings by leading brokers, with premium micro-markets likely to command significantly higher prices.
Tanuj Shori, Founder and CEO of Square Yards, told PTI that the Noida real estate market is currently at a crucial juncture, balancing local fundamentals with global ambitions due to the upcoming Jewar International Airport. He said the airport is expected to drive the development of a world-class aerotropolis, with long-term implications for housing demand, pricing, and investment activity. “It demonstrates how strategic infrastructure can reshape regional identity and unlock sustained economic growth,” Shori added.
