Jewar Airport Is Rewriting NCR’s Real Estate Map

Jewar Airport is rewriting NCR’s real-estate map. Land that sold for ₹1,000 / sq m in 2018 now fetches ₹10,000+.

The upcoming Noida International Airport (Jewar Airport) isn’t just another aviation project — it’s transforming the entire NCR (National Capital Region) property landscape. Once seen as remote farmland, the Yamuna Expressway belt has now become one of India’s hottest real estate corridors.

A New Gateway for North India

Located in Jewar, Gautam Buddh Nagar, the airport is about 72 km from Delhi’s IGI Airport and 40 km from Noida.
Construction of Phase 1 began in June 2021, with Zurich Airport International AG as the developer under a 40-year concession agreement.

The first phase — covering 1,334 hectares — is expected to be operational by October 2025 and will initially feature two runways. Once fully developed, the airport will have five runways, capable of handling up to 70 million passengers annually, making it one of India’s largest airports.

Land Prices Have Skyrocketed

Before the airport’s announcement in 2018, land along the Yamuna Expressway traded at around ₹900–₹1,200 per sq m.
Today, that same land fetches ₹8,000–₹12,000 per sq m, marking a 6–10× increase in under a decade.

In key sectors like Sector 20, 22D, and 27, YEIDA’s official plot prices have surged from ₹16,000 per sq m in 2019 to ₹40,000 per sq m in 2025. That’s an appreciation of 150% in six years, far outpacing Delhi and Gurugram.

Developers including ATS, Gaur Sons, Godrej, Tata Housing, and Supertech have either acquired land or launched new projects nearby.
Institutional investors are also moving in — targeting logistics parks, warehouses, hotels, and data centers expected to serve airport-related traffic.

Infrastructure Is Multiplying the Impact

The real driver of growth isn’t just the airport — it’s the entire infrastructure web forming around it.

Each project amplifies property values across residential, commercial, and industrial categories — setting up the Yamuna Expressway as a future megacity zone.

Investor Outlook: Strong, but Selective

Real estate analysts forecast 15–18% annual appreciation for organized residential land up to 2030, with commercial and warehousing plots expected to rise faster once the airport starts operations.

YEIDA’s recent industrial plot auctions have been heavily oversubscribed, signaling confidence among manufacturers and logistics operators seeking proximity to the airport.

However, investors must be cautious. Unauthorized layouts remain a risk, especially in areas beyond YEIDA’s jurisdiction.
Only YEIDA-approved plots offer clear legal title and infrastructure guarantees.

Additionally, land-acquisition disputes in some villages could delay peripheral projects, and property-tax and circle-rate revisions are likely after airport commissioning.

Risks to Watch

  1. Legal disputes over compensation and title in older villages.
  2. Speculative pricing in unauthorized colonies without infrastructure.
  3. Slow metro and Film City timelines, which may temporarily cap price growth.
  4. Rising circle rates and property taxes post-airport opening.

Due diligence and government-approved documentation remain key to safe investing.

The Road Ahead

The Jewar Airport project is more than an aviation hub — it’s reshaping NCR’s urban geography.
What began as an infrastructure gamble has evolved into a magnet for developers, corporates, and institutions seeking long-term footholds in northern India’s next economic zone.

If timelines hold, October 2025 will mark the start of a new growth cycle for Noida, Greater Noida, and the entire Yamuna Expressway region — with ripple effects expected across housing, logistics, and employment.

Summary

The Noida International Airport at Jewar, being developed by Zurich Airport International AG, is set to begin operations by October 2025 with two runways in its first phase and plans for five in total. Land values in the region have soared from around ₹1,000 per sq metre in 2018 to nearly ₹10,000 per sq metre in 2025, while YEIDA’s official plot rates have climbed from ₹16,000 to ₹40,000 per sq metre between 2019 and 2025. Investors can expect potential returns of 15–18% annually through 2030, supported by upcoming infrastructure like the Film City, Metro link, Aerotropolis, and multiple expressways. However, risks remain — particularly unauthorized colonies and pending land-acquisition disputes — making it crucial to focus on YEIDA-approved plots for legally secure and sustainable growth.

Bottom Line:


Jewar Airport is catalyzing NCR’s biggest real-estate transformation since Gurugram’s boom in the 2000s. The opportunity is real — but so are the risks.
Investors who focus on YEIDA-approved plots and long-term infra corridors stand to benefit most from this once-in-a-generation shift.

Published On:
October 22, 2025
Updated On:
October 22, 2025
Sudhir Gupta

Investor with 30+ years of experience investing in Noida, Greater Noida, Yeida and Western Uttar Pradesh.

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