First Jewar airport, now F1: Will Formula 1 resurgence be the next real estate booster for the Yamuna Expressway?

By Bricksnwall | 2026-09-18

“Improved connectivity and an international event like Formula One could provide a boost to hospitality, serviced apartments, and F&B,” said property specialists.

The real estate environment around the Buddh International Circuit (BIC) and the Yamuna Expressway corridor could get an additional boost from a government task team looking into the revival of Formula 1 and motorsports in India.

Real estate experts said the resumption of regular F1 events would boost demand for hotels, serviced apartments, short-term housing, retail and F&B, and also assist commercial real estate such as office and event space and facilities for automotive, express sport and connected firms.

Increased connectivity and the resumption of a recurrent international event should boost hotels, serviced apartments and F&B. The bigger possibility, meanwhile, is to utilize the circuit as a 12-month destination for motorsport activity, automobile and EV testing, brand experiences, and MICE events. That might help boost demand for commercial and event-led real estate while also expanding the region’s economic environment, they argue.

India is looking to bring back Formula 1, with the government creating a task force under NITI Aayog to consider the possibility of holding a Formula One Grand Prix and to establish a plan for the development of the country’s racing ecosystem. The task force will look at the obstacles confronting the sector, particularly taxation-related difficulties, and the steps needed for its sustainable development. It will also analyze the international, economic, tourism and investment advantages of hosting motor sport events, identify the infrastructure and operational needs, investigate the requirement for a comprehensive policy framework and propose suitable public-private partnership (PPP) models, media reports said.

Sebastian Vettel of Red Bull Racing won all three rounds of the Indian Grand Prix at the BIC, contested between 2011 and 2013. The first race was held on 30 October 2011 as part of 2011 Formula One season. India has not hosted F1 since 2013. India also had a MotoGP round at the BIC back in September 2023, although the event has not returned since.

Experts noted that a revived international motorsport calendar for the Yamuna Expressway region might add another demand driver to a corridor which has already seen tremendous alteration.

What is the impact of Formula One on property in Yamuna Expressway area?

Media sources in 2013 said that property prices along the Yamuna Expressway had grown by 50% in the two-and-a-half years since the first quarter of 2011. This was prior to the Yamuna Expressway and the Noida International Airport coming up.

Prices have touched ₹3,132 per sq ft in the July-August period of 2011 against ₹2,077 per sq ft in the first quarter of 2011. The first Indian Grand Prix in October 2011 offered developers the potential to profit. The prospect of a three-hour journey to the Taj Mahal also helped draw purchasers to the region, which was then facing farmer protests and court proceedings.

It is also worth mentioning that the Jaypee Golf Spa & Resort, where F1 drivers and other VIPs stayed in 2011, used to cost roughly Rs 11,000 per person per day. During the F1 season, when hotel rooms were scarce, the rate reportedly shot up to Rs 37,000 per person per day.

The Yamuna Expressway corridor has come a long way by 2026 with infrastructure developments such as the Noida International Airport, upcoming metro and rail connectivity, better road links across NCR and investments in electronics manufacturing, data centers, logistics, media and entertainment.

“The return of Formula 1 could further enhance the region’s positioning, complementing the infrastructure and economic drivers that are already shaping its growth trajectory,” said Supriya Chatterjee, Managing Director, North, Cushman & Wakefield.

Better connectivity, coupled with the resumption of a regular international event, might assist hospitality, serviced apartments and F&B. But the real opportunity is to turn the circuit into a year-round destination for motorsport activities, car and EV testing, brand experiences and MICE events. “This might bolster demand for commercial and event-led real estate and expand the business ecosystem of the region,” added Chatterjee.

“Any longer term impact on property values will continue to be driven by the delivery of infrastructure, economic activity and quality development. “Formula 1 can be a catalyst, accelerating a growth story that is already underway,” Chatterjee added.

“Any longer term impact on property values will continue to be driven by the delivery of infrastructure, economic activity and quality development. “Formula 1 can be a catalyst, accelerating a growth story that is already underway,” Chatterjee added.

“The government’s decision to set up a task force led by NITI Aayog to look into the revival and development of Formula 1 and motorsports in India is a positive development for the Yamuna region,” Manoj Gaur, CMD, Gaurs Group told Hindustan Times Real Estate.

“Formula 1 is not just a sporting event, it’s a global platform that only a handful of countries can say they host. Its return will bring India back on the global F1 map and generate huge potential across business, tourism, hospitality and leisure activities. “This could further strengthen the investment case for the Yamuna Expressway and the larger Noida-Greater Noida region, bringing in greater international visibility and aiding demand across real estate, retail, leisure and allied sectors,” he said.

"Revival of it will definitely give a fillip to vibrant Yamuna Expressway real estate market. With Noida International Airport and continuous infrastructure development, the region is ideally positioned to reap the benefits of the larger economic environment that a global sporting event of this scale can generate,” he said.

Source: Hindustan Times