Delhi NCR: Recent research from Square Yards reveals that property prices near existing and upcoming airports in India have surged by 70-120% over the last four years, outpacing broader market trends. The impact is especially pronounced in micro-markets surrounding major airport projects, including the Noida International Airport (Jewar Airport), where localities such as the Yamuna Expressways have seen a 90% jump in apartment values over the same period.
Jewar Airport: A Game-Changer for Delhi-NCR Real Estate
As Noida International Airport prepares to become Asia’s largest airport, slated for opening in mid-2025, the surrounding areas Jewar, Yamuna Expressway, and Greater Noida West, Faridabad are witnessing unprecedented real estate activity and price appreciation.
What real estate experts say
Mr. Harinder Dhillon, National Sales Head, BPTP said, “The remarkable 84–118% appreciation in residential plots near airports underscores that plotted developments are also one of the top preferences for buyers. This surge reflects not only the strategic importance of airport-centric growth corridors but also the increasing demand for land ownership as a flexible and high-return asset. Considering the NCR region, the development of Jewar Airport has been a significant catalyst for the Delhi-NCR region, especially in Faridabad and Greater Noida, driving a surge in demand and prices. This phenomenal growth is driven by improved connectivity through major expressways, such as the Yamuna Expressway and the Delhi-Mumbai Expressway, rapid infrastructure upgrades, proximity to new employment hubs, enhanced public transportation options, and increased investor confidence. Recognizing this potential early on, BPTP has launched its residential plotted development, Parkland Pride, in Faridabad, offering buyers a chance to invest in a future-ready location. These factors have transformed airport-centric corridors into vibrant investment destinations, making plots the preferred asset for long-term capital appreciation in the Delhi-NCR region.”
Mr. Gaurav K Singh, Founder and Chairman, Womeki Group said, “The remarkable 84–118% appreciation of housing plots near airports tells a powerful story of transformation. For Delhi NCR, it’s not just about numbers—proximity to hubs like Jewar Airport is reshaping family dreams, investor strategies, and the entire landscape of Greater Noida and the Yamuna Expressway. Rising demand is fueled by new connectivity, infrastructure investments, and the promise of future jobs and business ecosystems. When communities move closer to opportunity, plots become symbols of growth and aspiration. This surge reminds us that access, foresight, and location are rewriting the value map in NCR’s property markets.”
Key benefits and trends fuelled by Jewar Airport:
Dramatic Price Growth: At ₹7,000 to ₹9,000 per square foot, the average apartment price on Yamuna Expressway has nearly doubled in the last 4 years. The value of residential plots has risen even more sharply, with certain corridors seeing a surge up to 118%.
Robust Demand: The airport’s strategic placement near expressways and major industrial corridors has made the region a hotspot for investors and end-users, with developers racing to launch new residential, township, and commercial projects.
Commercial Expansion: Jewar Aerocity, a planned commercial hub spanning over 5,000 acres near the airport, promises premium business parks, over 100 hotels, retails and entertainment centre, and aims to generate more than 2 lakhs job. With an anticipated ₹50,000 crore in investment, this commercial drive is expected to raise awareness of the whole NCR area and draw in both domestic and foreign capital.
Infrastructure Boost: The development is bringing upgrades such as metro connectivity, widened expressways and smart cities initiatives, all of which enhance accessibility and in turn, property valuations.
Economic and Investor Impact
Employment Engine: In addition to real estate, the airport is anticipated to accelerate the developments of Jobs in aviation, hospitality, logistics, and supporting sectors which will have a direct impact on demand for both residential and rental properties.
Rental and ROI Opportunities: For early investors, Jewar and the adjoining regions like Dankaur and Tappal present high appreciation prospects. Both residential and commercial properties stand to benefit as infrastructure matures and economic activity accelerates.
Long-Term Outlook: Industry experts compare Jewar’s impact to the IGI Airport-fuelled transformation of Gurgaon, predicting a similar upcycle in property values, urban amenities, and quality of life in this corridor.
In conclusion, one of the most significant changes to the Delhi-NCR real estate market is expected to be the opening and expansion of Jewar Airport, which would have an impact on both the residential and commercial sectors. The area offers a wealth of opportunities for homebuyers, developers, and investors because its connectivity, infrastructure, and economic vibrancy, making this a critical moment to participate in one of North India’s most closely followed real estate markets