Real estate stakeholders view the operationalisation of the airport as a landmark development for the National Capital Region (NCR), enhancing the area's attractiveness as a major investment destination. Improved connectivity is expected to strengthen the region's appeal among multinational corporations and corporate occupiers, driving demand for Grade A office spaces while supporting broader economic growth.
According to Vimal Nadar, National Director and Head of Research at Colliers India, the airport has the potential to reshape the real estate landscape of Noida and surrounding areas over the long term.
“Commercial flight operations at the Jewar International Airport hold immense long-term potential to elevate the entire real estate ecosystem of Noida and adjoining regions. The international airport is expected to attract global occupiers and further strengthen Noida’s office market,” Nadar said.
He added that Noida could witness annual office leasing activity of 2–3 million square feet, accounting for nearly one-fourth of Delhi-NCR’s Grade A office space absorption from 2026 onwards.
On the residential front, Nadar noted that while some airport-driven appreciation has already been reflected in property prices, locations along the Noida Expressway are likely to experience increased demand through new project launches and stronger housing sales.
“Average capital values are expected to grow at a compound annual growth rate (CAGR) of 15–20 percent over the next four to five years, supported by demand in both the middle-income and luxury housing segments. The entry of reputed developers is also expected to enhance residential offerings around the airport catchment area,” he said.
Echoing similar sentiments, Ravi Nirwal, Sales Director and Principal Partner at Square Yards, highlighted the airport’s role in creating a broader economic ecosystem.
“The airport is expected to attract logistics, warehousing, manufacturing, hospitality, and commercial developments, generating substantial employment opportunities across the region. As business activity and job creation increase, residential demand is likely to strengthen further, particularly along the Yamuna Expressway corridor,” Nirwal said.
He added that improved connectivity and expanding economic activity would continue to attract both end-users and long-term investors, reinforcing the region’s emergence as one of NCR’s fastest-growing real estate destinations.
Developed at an estimated cost of ₹11,200 crore under the public-private partnership (PPP) model, the first phase of Noida International Airport has an annual passenger handling capacity of 12 million. Upon full completion, the airport is expected to accommodate up to 70 million passengers annually.
The airport currently features a 3,900-metre runway equipped with an Instrument Landing System (ILS) and advanced airfield lighting, enabling round-the-clock and all-weather operations.
According to the Yamuna Expressway Industrial Development Authority (YEIDA), the airport is planned to eventually expand to six runways and span nearly 7,200 acres, making it one of India's largest aviation infrastructure projects.
As a key component of the YEIDA Master Plan 2041, the airport is expected to serve as a catalyst for industrial, logistics, and commercial development in the region while also helping ease passenger traffic pressure on Delhi’s Indira Gandhi International Airport.
With aviation infrastructure now becoming operational, industry experts believe the Jewar airport will act as a powerful growth engine for the Yamuna Expressway corridor, unlocking new opportunities across real estate, business, and employment sectors over the coming decade.
