The Noida International Airport (NIA), set to become operational in April 2025, is poised to redefine the real estate landscape along the Yamuna Expressway. With recent milestones like the successful validation flight test, the airport is generating unprecedented interest from both investors and end-users, signaling a new era of growth and development for the region.
A game-changer for yamuna expressway real estate
Experts believe the upcoming airport will be a catalyst for real estate growth, driving demand for residential, commercial, and industrial spaces. The Yamuna Expressway Industrial Development Authority (YEIDA) has already floated several initiatives, including a group housing plots scheme in sectors 17, 18, and 22D, which is expected to add 25,000-30,000 housing units. This marks a significant shift from the past, where housing projects in the area faced challenges with liveability and occupancy.
“Demand for residential plots and apartments has surged, doubling property prices along the corridor since 2020,” said Vikas Tomar, Executive President and Business Head of Square Yards. “Developers are strategically positioning themselves to meet the robust demand driven by infrastructure development.”
Infrastructure boosts investor confidence
The airport’s development is complemented by a slew of government-led infrastructure projects, including industrial parks, IT zones, and Film City, further enhancing the appeal of the region. Additionally, planned connectivity improvements such as metro rail expansion, rapid rail networks, and better access via the Eastern Peripheral Expressway are expected to elevate the area’s accessibility and attractiveness.
“This is a milestone moment for Jewar Airport and the surrounding regions,” said Sahil Agarwal, CEO of Nimbus Projects Limited. “The mix of industrial and residential developments will create a self-sustaining ecosystem, attracting both investors and end-users.”
Balancing investor and end-user interests
While investors currently dominate the market, the operationalization of the airport is expected to attract more end-users. According to Gaurav Mavi, Co-Founder of BOP.in, around 70% of current buyers are investors, but this ratio is likely to balance out as housing projects near completion.
YEIDA’s residential township plans and private builder initiatives are paving the way for a well-planned urban hub, with premium housing, commercial spaces, and logistics facilities expected to emerge in the next few years.
Real estate returns and long-term growth
Land prices in Jewar have appreciated by 40% over the past five years and are projected to rise another 50% by 2030, according to a Colliers India report. This upward trend reflects the region’s growing prominence as a real estate hotspot fueled by key infrastructure projects.
Mudassir Zaidi, Executive Director—North, Knight Frank India, highlights, “The airport will drive demand for logistics, commercial office spaces, and hospitality, creating a thriving real estate market with long-term growth potential.”
