The inauguration of Noida International Airport is a major turning point for the NCR region, which is poised to emerge as a major international airport in the near future. The airport is also believed to boost economic activity across various sectors such as residential, commercial, and industrial sectors. The development is already generating interest among various stakeholders within the country and abroad and is likely to boost long-term development within the region.
The real estate sector is also believed to gain momentum in the region, especially within micro-markets such as Jewar, Yamuna Expressway, and Greater Noida. The mid- and premium segment of the housing sector is also likely to witness good absorption rates due to improved connectivity and development prospects in the region. The real estate sector is also believed to witness an upsurge in land prices and new launches in the region, making it one of the most promising realty destinations in North India.
Sanjay Sharma, Director, SKA Group, stated, “With the launch of the Noida International Airport, the region is poised to enter a new era of planned urban development with the backing of world-class infrastructure. Connectivity projects of this scale usually end up redefining the growth paths, and we are already witnessing the early beginnings of this trend in the market. The airport not only promises to improve connectivity but also provide much-needed confidence to the market, which will set the tone for a more planned development in the region.”
Yash Miglani, Managing Director of Migsun Group, said, “The launch of Noida International Airport is a defining moment for this region and will unlock tremendous potential for growth in terms of commercial and retail developments. Having already established our projects in close proximity to the airport well in advance of its launch, we are witnessing a high level of interest from businesses and investors looking to capitalise on this strategic advantage. With enhanced connectivity and infrastructure push, this will only accelerate the growth rate and further solidify this region’s position as an emerging business and investment destination.”
Dr. Amish Bhutani, Managing Director, Group 108, said, “The inauguration of the Noida International Airport by the Hon’ble Prime Minister Narendra Modi shall mark an epoch in the history of the region, ushering in an era of rapid development through infrastructure-led growth. We foresee a healthy increase in demand for premium Grade A office space and commercial real estate as businesses look to leverage the benefits of better connectivity and locational advantages. This development shall be instrumental in creating a vibrant business environment, creating vast opportunities for businesses to invest in the region.”
Harvinder Singh Sikka, Chairman, Sikka Group, said, “This airport will give the region a global identity. It is expected to accelerate investments, generate employment, and boost business activities. Demand in the mid and premium housing segments is likely to remain stable.”
Adding to this, Salil Kumar, Director – Marketing & Business Management, CRC Group, says, “What we are witnessing is the evolution of a corridor from an investment destination to a planned urban ecosystem. As infrastructure and economic activity pick up pace, there is a clear shift towards organised, well-designed developments. Buyers today are more discerning, and demand is increasingly moving towards projects that offer not just connectivity, but a complete living environment.”
With infrastructure-led growth taking center stage, Jewar and the surrounding corridors are gradually evolving into a well-planned urban hub. This transformation is likely to sustain demand momentum and position the region among the most attractive real estate destinations in the country
