The tiny town of Jewar in Uttar Pradesh is turning into a real estate hotbed — and it is all because of Noida International Airport. Set to be India’s largest upon completion in 2025, this airport is not just an infrastructure project; it is a megadriver reshaping property demand, land values, and investor mindsets across the region—especially along the Yamuna Expressway corridor.
From Airport Groundbreaking to Real Estate Boom
Since foundation work began, property markets in and around Jewar have surged. Data from Colliers India shows land values soared nearly 40% over the last five years, with expectations of a further 50% rise by 2030. Meanwhile, analysts report a remarkable 500% increase in average property prices near Jewar Airport over the same period.
What triggered this escalation? Simple: the airport. Stretching over 1,334 acres and expected to handle 12 million passengers in Phase 1, the project has drawn developers who have collectively snapped up around 390 acres in the past year for a staggering INR 2,340 crore — equating to INR 5–6 crore per acre.
Infrastructure: The Backbone of Growth
Connectivity is crucial. Jewar’s appeal is amplified by a network of powerful infrastructure:
- A direct 31 km spur from the Delhi–Mumbai Expressway.
- An eight-lane Yamuna Expressway, offering seamless access to Greater Noida and Agra.
- The upcoming Ghaziabad–Jewar RRTS, expected operational by 2027, reducing travel time to Delhi and Ghaziabad to just 40–50 minutes.
Surge in Developer and Investor Activity
Investment has flooded in:
- Developers are acquiring parcels worth INR 2,340 crore in the last year alone.
- YEIDA plans to buy an additional 5,000 acres specifically for Indian, Japanese, and Korean industrial zones, plus a fintech hub and new townships.
- The airport’s phased land acquisition affects 14 villages, displacing approximately 8,400 families, with compensation escalated to INR 4,300/m² — a 40% increase from earlier rounds.
These strategic land acquisitions and infrastructure rollouts are not just boosting land values — they’re driving the ecosystem for viable industrial, commercial, and residential growth.
Price Trends & Market Pulse
Land has doubled or even quadrupled in many stretches, rising from around INR 5,000–7,000 per sq ft in 2020 to an expected ₹10,000+ per sq ft by 2030.
Residential property prices around Noida International Airport jumped 15–25% since the airport’s announcement.
The broader Noida/Greater Noida market saw 34% YoY increase in home-sale value in late 2024, with average prices climbing to INR 1.05 crore in Noida and INR 61 lakh in Greater Noida — momentum attributed significantly to Jewar-linked infrastructure.
Safeguarding Gains, Facing Challenges
Rapid value escalation inevitably attracts opportunists. YEIDA has launched aggressive measures — deploying retired DSPs and ex-army teams for weekly anti-encroachment drives in Jewar and surrounding zones — reclaiming nearly ₹2,500 crore worth of land over three years.
What This Means for You
- For investors: Jewar offers strong upside driven by airport-led infrastructure, industrial parks, and urban expansion. With expected further growth, early entry could yield high long-term returns.
- For homebuyers: Residential price resistance is rising. Continued growth may push affordability beyond reach for some. Still, integrated townships like Gaur Yamuna City ensure amenity-ready living.
- For locals: The flip side of growth is displacement and resettlement. But with ₹4,300/m² compensation and structured rehabilitation schemes, efforts are underway to mitigate impact .