The Noida International Airport at Jewar is poised to significantly impact the local real estate market, according to a report from the online proptech platform Square Yards. Titled "Runway to Realty: How Noida International Airport is Reshaping Realty," the report highlights a notable increase in property values along the Yamuna Expressway corridor, particularly between 2020 and 2025. This surge in real estate prices reflects strong investor interest driven by anticipated infrastructure improvements and enhanced livability in the region. The report indicates that apartment prices have nearly tripled over the past five years, while plot values have increased by an average of 1.5 times, with certain micro-markets experiencing growth of up to five times.
The report projects that property values will continue to rise, with apartment prices expected to climb by 22 percent and plot values by 28 percent over the next two years. This growth trajectory is largely attributed to the anticipated benefits of the Noida International Airport, set to open on March 28, 2026. As the second civil airport in the National Capital Region (NCR), it is expected to become one of Asia's largest airports, with a capacity to handle approximately 225 million passengers annually. This expansion is forecasted to not only enhance the aviation capacity of the NCR but also stimulate economic activity and urban expansion, thereby contributing to the region's overall development.
Mr. Tanuj Shori, Founder and CEO of Square Yards, emphasized the transformative potential of the airport on the Noida real estate market, stating, "The Noida real estate market is currently at a pivotal moment, balancing its local roots with global ambitions, largely due to the upcoming Jewar International Airport." He noted that the airport is facilitating the development of a world-class aerotropolis, which is expected to have long-term implications for housing demand, pricing, and investment activity. This strategic infrastructure initiative is seen as a key driver in reshaping regional identity and fostering sustained economic growth.
Additionally, the proposed aerotropolis around Jewar Airport positions the area alongside global benchmarks, such as Amsterdam's Schiphol Airport, by integrating aviation infrastructure with commercial, industrial, logistics, and residential ecosystems. This model aims to create self-sustaining urban hubs that will enhance connectivity and reduce travel times through improved expressways and multimodal transit networks. The report highlights a significant shift in the region's real estate landscape, moving from a peripheral, end-user-driven market to a high-growth investment hotspot. Sunita Mishra, Vice-President of Research & Insights at Square Yards, noted that prior to the airport's development, Noida's real estate market struggled to keep pace with other NCR markets, but the momentum generated by the airport's construction is expected to change that narrative substantially.