New Delhi: Plot and apartment values likely to rise by 28% and 22%, respectively, over the next two years, near the upcoming Noida International Airport, according to Square Yards.
Apartment prices have nearly tripled over the past five years, while plot values have risen by an average of 1.5x, with select micro-markets witnessing up to 5x growth, reflecting strong investor-led momentum driven by infrastructure development.
Set to be inaugurated on March 28, 2026, by Prime Minister Narendra Modi, the Noida International Airport, the second civil airport in the NCR, is among India’s most significant greenfield infrastructure projects to date. Positioned to be Asia’s largest airport upon launch, the airport in Jewar is projected to handle nearly 225 million passengers annually in its final configuration, significantly enhancing the NCR’s aviation capacity while catalysing economic activity and urban expansion.
“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. The airport is driving the development of a world-class aerotropolis, with significant long-term effects on housing demand, pricing, and investment activity,” said Tanuj Shori, Founder & CEO, Square Yards.
The government has planned aerotropolis-led development, positioning it alongside global benchmarks such as Amsterdam’s Schiphol Airport. This model integrates aviation infrastructure with commercial, industrial, logistics and residential ecosystems to create self-sustaining urban hubs.
“Before construction accelerated on the Jewar airport project, Noida’s real estate market lagged behind other NCR markets due to delays and developer challenges,” said Sunita Mishra, Vice-President – Research & Insights, Square Yards.
As the airport nears operational readiness, it is expected to drive the NCR’s next phase of real estate expansion, transforming the Yamuna Expressway and surrounding regions into high-growth investment destinations.
Apartment prices have nearly tripled over the past five years, while plot values have risen by an average of 1.5x, with select micro-markets witnessing up to 5x growth, reflecting strong investor-led momentum driven by infrastructure development.
Set to be inaugurated on March 28, 2026, by Prime Minister Narendra Modi, the Noida International Airport, the second civil airport in the NCR, is among India’s most significant greenfield infrastructure projects to date. Positioned to be Asia’s largest airport upon launch, the airport in Jewar is projected to handle nearly 225 million passengers annually in its final configuration, significantly enhancing the NCR’s aviation capacity while catalysing economic activity and urban expansion.
“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. The airport is driving the development of a world-class aerotropolis, with significant long-term effects on housing demand, pricing, and investment activity,” said Tanuj Shori, Founder & CEO, Square Yards.
The government has planned aerotropolis-led development, positioning it alongside global benchmarks such as Amsterdam’s Schiphol Airport. This model integrates aviation infrastructure with commercial, industrial, logistics and residential ecosystems to create self-sustaining urban hubs.
“Before construction accelerated on the Jewar airport project, Noida’s real estate market lagged behind other NCR markets due to delays and developer challenges,” said Sunita Mishra, Vice-President – Research & Insights, Square Yards.
As the airport nears operational readiness, it is expected to drive the NCR’s next phase of real estate expansion, transforming the Yamuna Expressway and surrounding regions into high-growth investment destinations.