Will the National Capital Region's real estate market change because of Noida International Airport?

By Bricksnwall | 2025-09-19

The Noida International Airport will open on October 30. This could make people more interested in the area, both for living and working there.

Union Civil Aviation Minister Kinjarapu Rammohan Naidu has said that Noida International Airport near Jewar will open on October 30 and that commercial flights will start within 45 days, connecting at least 10 cities at first. Experts in real estate claim that the new airport will boost economic activity in the area by increasing demand in the residential, commercial, industrial, hospitality, retail, and logistics sectors.

Better connections to both domestic and international destinations would likely draw in office workers and businesses in fields like technology and logistics. This will unlock the region's real estate potential and create a lot of jobs. Experts claim that the launch will revolutionise the National Capital Region (NCR) property market for the better, especially in areas that are growing quickly, such Greater Noida, the Yamuna Motorway, and Greater Noida West.

There has been a continuous increase in both housing demand and new supply in the area. Plotted developments have been leading the way, and gated communities are slowly becoming more popular. Square Yards says that property values in the area have more than doubled in the last five years. As developers get ready to take advantage of the increased interest from homebuyers, this trend is likely to continue. Experts, on the other hand, warn potential purchasers, both end-users and investors, to do their homework before making a decision to buy.

The airport is in a good spot along the Yamuna Motorway and gets a lot of help from the government through the Yamuna Motorway Industrial Development Authority's (YEIDA) plans for the future. These plans include the new International Film City, metro network expansions, and the proposed Delhi–Varanasi Bullet Train corridor. Between 2020 and 2025, land prices here went up by almost 1.6 times. Analysts say they will go up another 25–30% in the short term once the airport opens, especially in smaller markets like Jewar, Tappal, and Dankaur.

"The Noida International Airport near Jewar will change the economy of North India. It will open in 2025 and be able to handle 12 million passengers, with the capacity to grow to 120 million by 2050. Along with Delhi's IGI Airport, which served 78 million people in 2024, it would create a counter-magnet hub that will improve Agra, Aligarh, and other areas of Western Uttar Pradesh. Ankita Sood, National Director of Research at Knight Frank India, said, "Better connections to domestic and international destinations will attract businesses like offices, which will unlock the region's real estate potential and create a chain reaction of opportunities for residential, retail, and hospitality assets, as well as jobs and industries like technology and logistics."

Noida is now a major player in Delhi-NCR's luxury real estate market because of its strategic location, improving infrastructure, and well-planned residential areas. The Noida International Airport is going to be a major hub for travellers from all over the world, which means the city is going to flourish even more. This important project is opening up a lot of value for high-end real estate and helping to create integrated commercial and retail ecosystems. "Thriving communities make everything around them better, and Noida is slowly becoming a good example of this," said Aman Nagar of Paras Buildtech.

As per the report, one such case involves Gaurav Sharma, a Noida-based consultant, who, along with three business partners, was allegedly cheated of ₹24 crore by a group of 15 individuals. The accused, lead by the alleged mastermind Ravinder Sharma, claimed to sell them farmland near the new airport, but they left after giving them fake registration papers for plots that didn't exist.

AAI must approve projects that are within 20 kilometres of the airport.

The Yamuna Motorway Industrial Development Authority (YEIDA) has adopted a new rule that will cause property prices near Noida International Airport to go up. This law says that the Airport Authority of India (AAI) must approve any new buildings within 20 miles of the airport. Plans for buildings that don't follow AAI rules will be turned down. These steps are meant to keep planes safe and make sure the runway is safe, which stops careless building in the region.

Experts say that the new laws will have a big effect on the local real estate market because they would likely limit new construction within a 20 km radius. Because there aren't as many new structures going constructed, land and flat prices are likely to keep going up as long as demand stays strong.

Source: Hindustan Times