The completion of Jewar airport is in full swing, and property prices in the region and surrounding areas are skyrocketing. Over the last three years, Jewar has seen a price increase of more than 100%. Discover all of the reasons to invest in plots near Jewar.
With India as one of the world’s fastest-growing aviation markets, Delhi Airport experiences its fair share of crowding and congestion. To address this issue, the Indian government plans to build a second air hub in New Delhi, known as Jewar Airport.
This mega project, officially known as Noida International Airport, is located in Jewar, Gautam Buddh Nagar, along the Yamuna Motorway. The project’s large-scale nature is expected to stimulate infrastructure development and demand for residential and commercial properties near Jewar Airport. If you’re thinking about investing in real estate in this area or nearby, scroll down for a detailed analysis.
Why Search for Plots Near Jewar Airport (Jewar International Airport)?
Make sure to conduct research before purchasing a commercial or residential property. Consider the location’s advantages in terms of connectivity, pricing, and social infrastructure before making a final decision. Here is a list of the benefits of investing in plots near Jewar Airport.
Connectivity
The Yamuna Motorway, which features an Intelligent Transport System, aims to provide maximum safety, security, and convenience for travellers between Greater Noida and Agra.
The Yamuna Motorway connects the Agra Ring Road and the Noida-Greater Noida Motorway. It will soon merge with other major towns in Haryana, including Gurgaon, Sonipat, Rohtak, and Manesar, as well as Meerut, Hapur, and Ghaziabad in Uttar Pradesh.
The Yamuna Motorway will also connect cities like Lucknow, Gwalior, and Kanpur, reducing travel time and distance.
Social and Physical Infrastructure
The Gautam Buddha University, located near Jewar on the Yamuna Motorway, improves the area’s social infrastructure, making it a desirable residential area.
The completion of Jewar Airport will boost tourism by providing foreign visitors direct access to the Agra Motorway, which includes the Taj Mahal.
The Yamuna Motorway also features India’s first and only Formula One circuit. Other sports amenities planned include a cricket stadium, a tennis court, and a multi-purpose stadium.
Logistics and Manufacturing
The upcoming Delhi-Mumbai Industrial Corridor will pass through Dadri, expanding logistics, warehousing and special development zones along the Yamuna Motorway.
More than ten major companies from the United States, Japan, and Korea are establishing manufacturing facilities along the Yamuna Motorway near Jewar International Airport.
The Yamuna Motorway Industrial Development Authority (YEIDA) has proposed building an information technology hub at a cost of around Rs.15 crore.
Commercial Plots near Jewar Airport
The demand for commercial properties and plots in Noida/Greater Noida has increased in recent years. People have begun to consider commercial investment in terms of both rental income and capital appreciation. Jewar International Airport, an ambitious project, is critical to attracting many people to commercial investment. As a result, there is an increase in demand for commercial lands and plots in the region.
Leading Commercial Areas Near the Jewar International Airport
Areas | Plot Size | Average Prices |
Yamuna Expressway | 100 Sq yd | Rs.9.2 lakh onwards |
Jewar | 3468 Sq yd | Rs.3.2 crores onwards |
Knowledge Park 5 | 1783 Sq yd | Rs.5.50 crores onwards |
Knowledge Park 3 | 2153 sq yd | Rs.7.50 crores onwards |
Yamuna Authority Plots Near Jewar Airport (Noida)
The Yamuna Authority provides a variety of residential and commercial plots known as authority plots near Jewar (Jewar International Airport) in Yamuna Motorway, Greater Noida. Various plot configurations are available, allowing potential buyers to build luxurious homes and offices to their specifications.
Types of Authority Plots Near Jewar Airport on Yamuna Motorway
Plot Type | Minimum Price | Maximum Price |
Residential Authority Plots near Jewar Airport | Rs.9.5 Lakhs | Rs.85 Lakhs |
Commercial Authority Plots near Jewar Airport | Rs.83 Lakhs | Rs.1.60 Crores |
Explore Plots Near Noida International Airport.
Due to the increased demand for plots near Jewar airport, the YEIDA (Yamuna Motorway Industrial Development Authority) has allotted six industrial/commercial plots in Sectors 32 and 33 measuring 4,000 square metres or more via a lucky draw. The authority stated that there were no takers for these plots prior to the start of construction on the Jewar airport (Jewar International Airport). However, as soon as construction began, approximately 80 companies applied for these plots, and a lucky draw is an excellent way to select winners.
The government has approved the construction of a road linking Haryana to the upcoming Jewar Airport in Gautam Budh Nagar district, Uttar Pradesh. This project, which will connect UP West, Mathura, and Agra, will cost Rs.2,414.67 crores and take two years to complete.
To become India’s first greenfield digital airport, NIA (Noida International Airport) chose ICAD Holding as its MSI consultant. The NIA intends to implement paperless processing across checkpoints under the government’s DigiYatra policy.
YIAPL (Yamuna International Airport Private Limited) and the Airports Authority of India (AAI) have signed an agreement to provide ATM (Air Traffic Management) and CNS (Communication Navigation Surveillance Systems) facilities at Noida International Airport. Advanced Control Systems, Surface Movement Guidance, and ATS Automation Systems will also be installed at the airport to allow Air Traffic Controllers to gain situational awareness and make decisions for smooth weather operations.
YEIDA (The Yamuna Motorway Industrial Development Authority) approved the Jewar Airport Master Plan after receiving approval from the Airports Authority of India and the Airports Ministry.
The YIAPL (Yamuna International Airport Private Limited) announced funding arrangements through debt financing. YIAPL stated that it will raise Rs.3,725 crores in debt from SBI (State Bank of India), which will be repaid over a 20-year period following project completion.
The Zurich Airport and NIAL (Noida International Airport Limited) have signed a shareholder agreement for the Jewar Airport development. The project will be. YIAPL (Yamuna International Airport Private Limited), a subsidiary of Zurich International Airport, will manage the project.
The Bureau of Civil Aviation Security (BCAS) has granted security clearance to Noida International Airport, also known as Jewar Airport. The Jewar Airport Master Plan’s pending approval remains a regulatory barrier.
According to Uttar Pradesh Minister Nand Gopal Gupta Nandi, all land acquisition for the Noida International Airport, also known as Jewar Airport, has been completed. The airport spans 1,334 hectares of land, and testing will begin in March 2024. Once testing is completed, the airport will be operational by October 2024.
Noida International Airport Master Plan 2041
During the 74th board meeting, the YEIDA (Yamuna Motorway Industrial Development Authority) discussed the master plan for the Jewar airport after construction. MARS Planning and Service Pvt Limited received the area development tender on August 24, 2022. The ‘Master Plan 2041’ focusses on the development of the area around the Jewar airport. The draft also revealed that approximately 35 lakh people would live in the urbanised area spanning 32,000+ hectares.
The authority intends to focus on creating a modern, urban green city near Jewar Airport. According to the plan, the city will have an excellent transport system, making it traffic-free. Furthermore, the authority intends to develop industrial areas near the Jewar airport and improve connectivity by launching new metro lines.
Future of Plots Near Jewar Airport
The future of plots near Jewar Airport is promising. Plots near Jewar airport will rise in price, following the trend of properties near airports in other major cities such as Bangalore, Mumbai, and Delhi. The increase in property prices, however, may not be sudden. It may fluctuate with the progress of the airport’s construction and generate positive returns shortly after completion.
The airport, dubbed a game changer, will help to establish Noida on the global logistics map. The airport construction will be followed by a number of retail and real estate developments, making the area more user-friendly and liveable. Once completed, Jewar Airport will also stimulate economic activity in the NCR regions and create a large number of job opportunities.
Hotels Near Noida International Airport
Below is a list of hotels near Jewar Airport Noida.
Names | Addresses | Google Ratings |
Hotel Narayana Palace | Aligarh Palwal Road, Kurana, Jattari, Uttar Pradesh 202137 | 4.9 |
Shree Thakur Ji Hotel & Banquet | 5PHF+V24 MDR 70W Khurja, Jaewar Road, Siryal, Uttar Pradesh 203131 | 4.8 |
Hotel Radhe | 4F42+MCQ, Aligarh – Palwal Road, Haryana 121102 | 4.6 |
Collection O Hotel Aryan | Pisawa Mod Shahpur Kalan, Khurja, Jahangirpur, Uttar Pradesh 203141 | 4.5 |
Ashira Inn | Plot No, Namauli, 17, APJ Abdul Kalam Road, Knowledge Park III, Greater Noida, Uttar Pradesh 201310 | 4.3 |
The Royal Residency | 9GVG+F92, Sector 27, Greater Noida, Uttar Pradesh 203201 | 4.3 |
Hotel JP Velvet | Khurja Road, Jewar, Uttar Pradesh 203135 | 4.1 |
YStay Hotel | 77, Block B, Ansal Golf Links 1, Greater Noida, Uttar Pradesh 201307 | 3.8 |
S R Plaza | Khurja Road, Near ICICI Bank, Jewar, Greater Noida, Uttar Pradesh – 203135 | 3.9 |
Bottom Line: Investing in plots near Jewar Airport.
Plots near Jewar airport (Jewar International Airport) are excellent investment opportunities. The Yamuna Motorway, Knowledge Park, Jewar, and other areas near the airport provide excellent connectivity and transportation options. Residential plots include all of the amenities necessary for a comfortable life, whereas commercial plots are ideal for business purposes. It is not wrong to say that investing in a plot now will provide you with significant benefits in the future.
Check Out Commercial Properties Near Noida