Property Near Jewar Airport

Noida International Airport Limited. Also referred to as ‘Jewar Airport’, it boasts strong infrastructural developments around it along with driving the economy of the country, making commercial and residential properties for sale in its vicinity a promising real estate investment in India that offer lucrative capital appreciation over short periods of time and high returns on investments.

Property near Jewar Airport - Next Real Estate Hotspot

Noida International Airport is India's upcoming largest airport in Jewar Uttar Pradesh. This upcoming international airport is spread over 7,200 acres of land and is being developed by Noida International Airport Limited. Also referred to as ‘Jewar Airport’, it boasts strong infrastructural developments around it along with driving the economy of the country, making commercial and residential properties for sale in its vicinity a promising real estate investment in India that offer lucrative capital appreciation over short periods of time and high returns on investments.

Let’s explore more about property near Jewar Airport to better understand how it is transforming real estate in NCR and make an analysed and strategic decision to buy property for sale.

Overview of Jewar Airport

Noida International Airport, also referred to as Jewar Airport, is expected to surpass all other airports in India. Its first phase will span 1,334 hectares and include a 101,590 m² terminal, a 3,900 m runway, as well as amenities like cargo spaces, a 40-acre maintenance centre, a 37,000 m² fuel farm, and 167 acres of real estate development.

To increase capacity to 30 million passengers a year, Jewar Airport’s Phase II will include a second terminal and runway. When it is finished, Jewar International Airport will have 489,700 aircraft movements, 186 parking stands, a 4,150 m runway, a 386,410 m² terminal, eight fuel tanks, and a multimodal cargo hub, all able to accommodate 70 million people, hence establishing Jewar, Uttar Pradesh, as a major real estate hub.

Location of Jewar Airport

Noida International Airport is located north of Jewar, Uttar Pradesh and features the Yamuna Expressway in close proximity. It is well-connected with various major cities like Bulandshahr, Noida, Aligarh, Ghaziabad, and Agra through expressways and railways.

Noida International Airport features wide roads well-connected with various expressways like Eastern Peripheral Expressway (EPE), Yamuna Expressway, and the upcoming Faridabad-Jewar Expressway.

Noida International Airport is proposed to offer Noida Metro and Delhi Metro in close proximity along with numerous upcoming railway projects like the Ghaziabad-RRTS, and a high-speed railway station in Jewar, Uttar Pradesh.

The strategic location of Noida International Airport has initiated numerous leading real estate developers to set up their real estate projects, offering property near Jewar Airport that offers high capital appreciation and ROI, making it a promising real estate investment in India.

Quick Insights into Jewar Airport

Noida International Airport, also known as Jewar International Airport, is expected to start its operations by October, 2024 and has proposed 6 runways for future planning. Check out quick insights into Jewar Airport in the table below:

Types of Property near Jewar Airport

Properties near Jewar Airport encompass a range of options, including commercial property, residential property, and many more. Let’s delve into each of these options:

• Commercial Property: The government is creating business parks, retail establishments, and office buildings on property near Jewar Airport. These commercial buildings are intended to draw companies looking to profit from the enhanced connectivity and economic activity that the Noida International Airport brings.
• Residential Property: Planned townships and affordable housing projects are among the government-designated residential properties. These projects are a desirable choice for investors wishing to enter the residential market close to Jewar Airport because they want to supply high-quality living spaces for the area's expanding population.
• Public Infrastructure Projects: Infrastructure improvements including parks, transit hubs, and community centres are frequently supported by the government and located close to Jewar Airport.
• Industrial land: Along the Noida Yamuna Expressway, the Uttar Pradesh government has allotted significant areas of land for industrial usage under the Yamuna Expressway Industrial Development Authority (YEIDA). Given their superior infrastructure and convenient access to the airport, these assets are perfect for the establishment of manufacturing facilities, warehouses, and logistics hubs.
• Educational and Medical Facilities: The government's overall development plan includes land set aside for these types of establishments. Because there is a constant need for these facilities, investing in real estate near these vital services, which YEIDA is supporting, can be profitable and increase the area's appeal to potential renters and companies.

Overview of Property near Jewar Airport

Noida International Airport, also known as Jewar International Airport, is emerging as the hub of real estate infrastructure development in Jewar, Uttar Pradesh.

The strategic location of Noida International Airport has attracted various top real estate developers such as Godrej Properties, M3M Group, Paras Buildtech, Ametek Buildtech, Ace Group, Experion Developers and many more to initiate their state-of-the-art commercial property, residential property, and plots for sale.

Commercial property near Jewar Airport

Noida International Airport features various commercial property in the vicinity that provides property with high capital appreciation and ROI, and ensures favourable rental yields.

Commercial property near Jewar Airport include:

ACE YXP | Commercial Property in Sector 22D, Greater Noida

ACE YXP features one-of-its-kind retail destination in Delhi NCR offering exclusive double height showrooms, modern retail stores, and state-f-the-art studio apartments on prime location of the National Capital Region (NCR), ie, Yamuna Expressway along with seamless connectivity to the upcoming ‘Noida International Airport’ in Jewar Uttar Pradesh. It features well-though infrastructure with a theme focussed on Art Deco along with spaces for fine dining, gaming zones, premium auditoriums, and a grand banquet hall.

Ametek Plaza One | Commercial Property in Sector 27, Greater Noida (W)

Ametek Plaza One, also referred to as Midtown Plaza, is a sports-centric commercial property surrounded by more than 50 reputed educational institutes at one of the most ideal location of the National Capital Region (NCR) - Sector 27, Knowledge Park V, Greater Noida (West), providing affordable commercial shops in Noida to people looking to invest in real estate, with promising capital appreciation and high returns on investments.

Paras Avenue | Commercial Property in Sector 129, Noida

The Paras Buildtech-developed Paras Avenue in Sector 129 Noida provides luxurious commercial areas such as food courts, retail stores, and office spaces. This G+6 property, spanning 2.04 acres and featuring leading brands like Cult.fit and WOW! Momo, is located along the Yamuna Expressway in Jewar and offers seamless connection to Noida International Airport, making it an excellent investment option.

M3M The Cullinan | Commercial Property in Sector 94 Noida

M3M The Cullinan is located in Sector 94 Noida, close to South Delhi, The Cullinan is a luxurious residential property constructed by M3M Group that offers 3, 4, and 5 BHK homes. It is situated on 12.858 acres and offers modern amenities like a clubhouse, gym, pool, and beautifully landscaped gardens.

The project features a 100-foot-high entry lobby, high-speed lifts and round-the-clock, seven-tier security. In addition to luxurious residences, M3M The Cullinan provides investment options in its specially designed plazas, which include studio flats and retail stores.

Galactic City | Commercial Property in Knowledge Park V, Greater Noida

Galactic City is a high-end, move-in ready office block located in Knowledge Park 5, Noida, next to the YOTTA Data Centre and residential sectors 10 and 12. With customisable floor designs ranging from 425 to 10,000 square feet, it boasts 70% open, green space along with 5-star hotel, cinema, and gym services. Galactic City is ideally situated, adjacent to major highways, business centres like Samsung and HCL, Jewar Airport, and prestigious educational institutions.

Devika Vibe Panache Bazaar | Commercial Property in Sector 110 Noida

The centrally located Devika VIBE Panache Bazaar in Sector 110 Noida provides high-street retail stores with strong foot traffic and attractive rental rates. Entwined with upscale residential communities such as Lotus Panache and ATS One Hamlet, it has easy access to ISBT Noida and the Yamuna Expressway. One of Noida's premier business hubs, this great commercial property offers constant foot traffic, lockable retail stores, and strong capital appreciation.

Why to invest in property near Jewar Airport?

Noida International Airport is a part of Yamuna Expressway Industrial Development Authority (YEIDA) which boasts a series of other projects like the Film City, Medical Device Park, Personal Rapid Transit, and a Logistics Park.

There are several compelling reasons to invest in property near Jewar Airport, some of these reasons are listed below:

• With major developments planned by international giants like Apple, Adobe, and HCL near Jewar Airport, the region is expected to develop into a thriving centre of the economy. By purchasing property near Jewar Airport, you're putting yourself in the direct path of successful companies that will increase demand for commercial as well as residential properties.
• Being the largest airport in India, Noida International Airport would improve connectivity to Delhi and other important cities as well as to Greater Noida, so investing in property near Jewar Airport will always be beneficial. Due to easier access, homes close to the airport will be in great demand from both residents and companies, increasing their value and rental revenue.
• Numerous infrastructural upgrades, like reconstructed highways and potential metro links, go hand in hand with the airport's expansion. These improvements facilitate transport and raise the general appeal of nearby houses.
• The existence of such significant infrastructure development will promote regional economic growth. The increased demand for commercial properties resulting from the rapid growth of enterprises and industries in the region presents profitable prospects for investors.
• There will be an increasing demand for high-quality living spaces as more families and professionals relocate to the area for employment. Given the rising demand for homes, apartments, and flats, investing in residential property near Jewar Airport might provide substantial returns.
• Property values are anticipated to increase as construction moves forward and the airport gets closer to completion. Investing early can yield significant long-term returns by securing favourable rates before prices spike.
• Due to the consistent demand created by continued infrastructure and economic growth, investing next to a significant international airport is frequently regarded as a safe bet. For investors, this stability can provide steady returns and piece of mind.
• There would be more tourists visiting Mathura, Agra, Jewar, and other surrounding places with the construction of the Noida International Airport. The Yamuna Expressway provides good connectivity between these places and Noida, which is the greatest portion. Increased tourism might have a favourable effect on the real estate market.
• A great way to profit from this expanding market is to purchase property near Jewar Airport, whether you're searching for business space, residential property, or plots for sale.

Challenges and Considerations while you buy property near Jewar Airport

• A significant obstacle is negotiating the ever-changing Jewar real estate market. Prices are expected to climb as the area becomes a major commercial hub with India's largest airport, so it's critical to move swiftly yet prudently. To obtain precise and current information on property values, potential purchasers should speak with real estate advisors and channel partners who are knowledgeable about Jewar, Uttar Pradesh.
• The availability of plots for sale and commercial property near Jewar Airport is another factor to take into account. It might be difficult to discover the ideal home because of the quick development. India's real estate developers are hard at work on new projects, but buyers have to be ready to act quickly due to the strong demand. Conducting in-depth study and working with reliable real estate advisors are essential to reducing this.
• Timelines for infrastructure development may provide difficulties. Even though improved accessibility is promised by the Noida Yamuna Expressway and upcoming metro link, the present infrastructure could still be catching up to the tremendous expansion. When buying property near Jewar Airport, such as Noida apartments or flats for sale, buyers should think about how these aspects may impact their investment.
• Verifying the land's legality and clear ownership is crucial for anybody interested in property near Jewar Airport. Avoiding possible legal concerns can be facilitated by completing due research and working with reputable real estate developers in India. To reduce risks and take full advantage of this excellent investment opportunity, speak with knowledgeable real estate consultants and keep up to date on the region's growth plans.

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