Noida International Airport and Its Impact on Property Prices

Noida International Airport (NIA) has affected Noida’s real estate market trends and made it a remarkable practical choice for tourists and business travelers. Undoubtedly, the NIA has sparked an interest in Noida real estate to soar. Located in the Jewar area of Gautam Buddh Nagar, Uttar Pradesh, the airport is the second international airport in the National Capital Region.

Claiming that Noida’s Airport revolutionized the city’s real estate market would not be unfair. However, NIA is a crucial game-changer among various factors contributing to this evolution. It boosted investment in Industrial and residential with other sectors of real estate. This article reflects on how the NIA influenced the real estate industry in Noida.

Table of Contents

  • Noida International Airport (NIA), Jewar – A New Era Begins! : Facts
    • Noida International Airport and its impact on Real Estate: Scoosh Consultancy
      • Better Connectivity: 
      • Appreciation in Real Estate Prices
      • High  Potential Rental Area
      • High Demand for Luxurious and Prime Housing
      • Relocation of Corporate and Office Spaces

Noida International Airport (NIA), Jewar – A New Era Begins! : Facts

The greenfield airport at Jewar is spread over 5,000 hectares with an estimated cost of Rs. 30,000 crore. NIA successfully conducted its first flight validation test on 9th December 2024. It is India’s first net-zero emissions airport. The cherry on the cake is that people can cover the journey from Delhi to the NIA in just 21 minutes because of a settled connection to the planned Delhi-Varanasi High-Speed Rail corridor due to its proximity to all major nearby roads and highways like the Yamuna Expressway, Eastern Peripheral Expressway, Western Peripheral Expressway, Delhi-Mumbai Expressway, etc.

Noida International Airport and its impact on Real Estate: Scoosh Consultancy

Scoosh Consultancy recognizes that NIA is not just an airport; it represents a future with endless opportunities. It boosts regional connectivity and economic growth. Now is the perfect time to grab your part of Noida with leading real estate Scoosh. As realtors, we offer various properties, including residential, office, industrial plots, and studio apartments. Here are the five top ways NIA has affected Noida’s property market.

Better Connectivity:

Noida International Airport is crucial in attracting investors to Noida and Greater Noida, making it a key area for growth in the Delhi NCR region. As a result, numerous infrastructure projects, including roads, metro projects, rail corridors, and industrial projects, have been introduced and are growing. New roads and metro lines are being developed to connect the airport to various destinations in Delhi NCR. This ensures easy access for travelers. This acceleration in infrastructure development in the Delhi NCR has created numerous job opportunities and economic activities in the Noida region.

Appreciation in Real Estate Prices

Reference by Money Control

ROI is the primary goal of every investor. Scoosh Consultancy understands the market rule that properties with a high potential for price appreciation are always in demand. Therefore, the neighboring area of Noida International Airport in Gautam Buddh Nagar, Uttar Pradesh, is the hotspot for investment as it has assured growth potential. The area attracts businesses, investors, tourists, etc., indirectly increasing the demand for commercial spaces and prices.

High Potential Rental Area

Scoosh Consultancy presents ideal and popular sources of rental income for industrial and residential space in Noida. With the development of Noida International Airport, the surrounding areas have seen many IT/ITES companies, MNCs like Microsoft, Ikea, TCS new campus, Samsung factory, builders, hospitals, and educational institutes. It directly increases the opportunities for passive rental income.

High Demand for Luxurious and Prime Housing

Reference by Hindustan Times

Residential apartments, plots, and villas in Noida are in demand with the development of the Jewar Airport. Scoosh Consultancy, the best real estate company in Noida, knows the trends and presents you with properties that meet international standards. Our property has luxury amenities to meet the demand of prospective homebuyers. Therefore, investing in luxury apartments, villas, and residential plots has a high ROI.

Relocation of Corporate and Office Spaces

The Noida International Airport attracts passengers along with multinational companies and businesses. This directly increases the demand for commercial properties in Noida. The location near the airport’s connectivity makes it pleasing for corporate offices.

Contact Scoosh Consultancy  to book a site visit and seize the best property opportunities in Noida. Scoosh has transformed the property hunt, just as the Noida International Airport has elevated the property values.

1 Comment

Comments are closed.
Blogs
What's New Trending

Related Blogs

Scoosh Help Chat
Send via WhatsApp