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Noida International Airport: Another Runway Of Growth

Noida International Airport, once functional, will not only give a gateway to the real estate market but also a boom to services, hospitality, cargo and logistic sector.


Author: Sachin Arora

Noida being the hotspot of all the development in NCR has been in trends due to the ultimate rise in real estate market and now the foundation of international airport will turn its future opportunities into a benchmark till date.

The foundation of Asia’s largest airport has been laid on 25th of November 2021 in the presence of Prime Minister Narendra Modi, CM Yogi Aditya Nath, MP of Noida Mahesh Sharma and Yamuna authority CEO Arun Veer Singh  which has become one of the most pivotal factor in sudden boost in Real Estate market of Noida and NCR.

It has been seen that corporations and Multinational companies have always preferred Gurugram over Noida due to the vicinity of Indira Gandhi airport in spite of this fact that as per Noida’s master plan, speed growth and Delhi accessibility is better than Gurugram.

As per its scheduling it is believed that Jewar airport will be operational in 2024 which will lead to execution and conceptualisation of large projects which will create a jump to the effect in economy. And the major changes to the priority market are visible after the foundation laying.

Not only this, it will also reduce the burden of IGI Airport of Delhi and will help to serve larger economic purposes.

Talking about the real estate market of Noida, a few major projects near Jewar airport of well known developers have already launched on board and some of then are under construction in full swing.


Noida International Airport, once functional, will not only give a gateway to the real estate market but also a boom to services, hospitality, cargo and logistic sector.

 


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