Director of Mansha Group
Himanshu Malik, Director of Mansha Group, sheds light on how the Noida International Airport, also known as Jewar Airport—anticipated to be one of Asia's largest—is significantly transforming the real estate landscape of Noida and Greater Noida.

Infrastructure Overhaul

The construction of Jewar Airport is prompting substantial upgrades in regional connectivity, significantly enhancing the accessibility of Noida and Greater Noida. Plans are underway to link the airport with Delhi’s Aqua Line metro by 2025, while a dedicated Rapid Rail Transport System (RRTS) is proposed to connect it directly to Sarai Kale Khan in Delhi, drastically reducing travel time. In addition, the airport will be connected to major highways, including the Yamuna Expressway, improving access from various parts of the NCR. These infrastructure developments are making the region increasingly attractive for both residents and businesses.

Surge in Property Values

The announcement and ongoing development of Jewar Airport have triggered a significant rise in property values across the region. Since 2018, land prices in Jewar have soared from approximately ₹25–28 lakh per hectare to ₹1.25–1.5 crore per hectare by mid-2024—an increase of over 400%. This remarkable appreciation has been accompanied by a surge in residential demand, particularly in areas near the airport such as Greater Noida, the Yamuna Expressway, and Noida Extension. These regions have seen a flurry of real estate activity, with numerous major residential and commercial projects taking shape. This upward trend in property values reflects strong investor confidence and a growing demand for real estate in and around the airport zone.

Commercial Real Estate Boom

The strategic location of Jewar Airport is attracting a growing number of businesses and investors to the region. Enhanced connectivity and upgraded infrastructure are making Noida and Greater Noida increasingly appealing to multinational companies, driving a surge in demand for office spaces and business centers. Simultaneously, the development of high-street retail and commercial complexes is set to meet the rising demand from both businesses and tourists. Together, these developments are positioning Noida and Greater Noida as competitive alternatives to established commercial hubs like Gurugram.

Economic Growth and Job Creation

The construction and upcoming operation of Jewar Airport are generating a significant number of job opportunities, contributing to the region’s economic growth. Direct employment is being created through roles related to the airport’s construction, operation, and maintenance, offering substantial benefits to the local economy. Additionally, the airport is driving indirect employment across sectors such as hospitality, retail, and transportation. This economic uplift is attracting more people to the area, further fueling demand for both residential and commercial properties in Noida and Greater Noida.

Investment Opportunities

Noida and Greater Noida are rapidly emerging as prime destinations for real estate investment, driven by the transformative development of Jewar Airport. The surge in housing demand near the airport presents promising opportunities for significant capital appreciation and steady rental income. On the commercial front, areas like the Noida Expressway are witnessing a boom, offering high returns due to their strategic location and excellent connectivity. These lucrative prospects are drawing attention from both individual investors and large-scale developers.

Our project, Mansha Orchid, located in Sector 110, Faridabad, is just a five-minute drive from the Jewar Airport Road (Greenfield Expressway).