The picture of Noida-Greater Noida will change
With the landing of the first commercial flight at Noida International Airport on June 15, the way has been paved for new opportunities for economic activities, investment and employment in the area. The Yamuna Expressway Industrial Development Authority (YEIDA) organized the draw of its Residential Plot Scheme RPS-10/2026 on Thursday. This scheme was also special because a total of 973 residential plots were made available in it, while the number of applicants had reached more than one lakh. In such a situation, there was huge competition for every plot. Actually, after Jewar Airport, the demand for this entire area has increased a lot. In such a situation, experts believe that in the future it will emerge as a big economic hub.
Developed at a cost of about Rs 11,200 crore, this airport will no longer be just a hub for air travel, but will develop a comprehensive economic ecosystem in the form of logistics, warehousing, industrial cluster and business hub in the Yamuna Expressway corridor. On the lines of global models, this region is developing as an Aerocity, where logistics parks, industrial zones, business districts and residential townships are expanding rapidly along with aviation infrastructure. Investment attractiveness will further increase due to better connectivity, freight corridors and multimodal transport networks.
Prices increased up to 3 times
Its impact is clearly visible in the real estate sector. According to reports, between 2020 and 2025, apartment prices in the Yamuna Expressway corridor have increased almost three times, while plot prices have increased by an average of 1.5 times. In some micro-markets, there has been a jump in prices up to 5 times. This pace is expected to continue in the coming times. It is estimated that in the next two years, plot prices may increase by about 28% and apartment prices by 22%. Sectors located within 15 km of the airport, especially Sector 22 of Yamuna Expressway, are emerging as major centers of housing demand, where many big developers have launched integrated townships and residential projects. Currently, the price of 3BHK apartments in this area ranges between Rs 1 crore to Rs 2 crore, while studio apartments of around 600 sqft are available for around Rs 85 lakh.
Potential to give returns of up to 12-13% in the long run
Experts believe that employment will be generated on a large scale due to logistics, warehousing and industrial development, which will strengthen the residential demand in the long term. For investors, this market has the potential to give annual returns of 12-13% in the long term, although for this an investment perspective of 5 to 7 years will be necessary. Experts associated with the real estate sector say that with the operation of the airport, Noida-Greater Noida will become a more attractive destination for investors, industries and professionals. Dinesh Gupta, President, CREDAI Western UP said that Noida International Airport is going to become a major center of employment and economic development for the entire Yamuna Expressway area. Industrial parks, logistics hubs, warehousing clusters, data centers and manufacturing units are being developed around the airport, which will provide growth in the coming years. Thousands of new jobs will be created. As per the estimates of YIDA, more than 50 thousand jobs are likely to be created from the upcoming industrial projects. With the increase in employment, the demand for affordable, middle income group and luxury housing will increase. Keeping in view the increasing workforce and business activities, developers will launch new residential, commercial and mixed-use projects.
Noida, Greater Noida and entire NCR will benefit
According to Rakesh Singhal, Founder, Shree KB Group, the impact of Noida International Airport will not be limited to Yamuna Expressway only, but Noida, Greater Noida and the entire NCR will benefit from it. The coming of industries, businesses and logistics companies around the airport will increase employment opportunities across the region. This will increase the demand for residential and commercial projects along Yamuna Expressway as well as in Noida Expressway and Greater Noida, keeping in mind the needs of professionals, entrepreneurs and investors. There is a possibility of development of new business parks, commercial projects and integrated townships. Himanshu Garg, Director, RG Group says Noida International Airport is accelerating the transformation of Yamuna Expressway into a world-class real estate and business destination. Industrial clusters, electronics manufacturing facilities, logistics parks and technology hubs are creating a strong foundation for long-term economic growth. As employment opportunities and corporate investments increase, demand for premium housing, luxury apartments, studio residences and high-quality commercial spaces will increase significantly from developers in residential, retail and office space. Looking for new opportunities in the segment.
Involved in the most dynamic real estate markets
According to Suresh Garg, CMD, Nirala World, the airport based development model is creating a strong multiplier effect in the real estate sector. Along with direct employment, a large number of indirect employment will also be created in logistics, hospitality, retail, warehousing and other allied services. This will strengthen the demand for residential projects, commercial complexes and modern business parks. With better connectivity and increasing presence of industries, demand for properties and launch of new projects is expected to continue to increase. Yamuna Expressway corridor could be among the most dynamic real estate markets of NCR in the next decade. According to Ashwani Nagpal, COO, Diligent Builders, Noida International Airport will become a new mode of air travel for Western Uttar Pradesh and a key game changer for the region. The full potential of the Yamuna Expressway corridor is yet to be harnessed, and the airport will accelerate the development of new urban centres, business hubs and investment destinations. As infrastructure and connectivity improves, new micro-markets will emerge, attracting domestic and global investors. The economic activities taking place will not only benefit the Yamuna Expressway area, but will also bring a wave of positive growth in the entire NCR real estate market.
On the way to becoming a strong economic ecosystem
Shailendra Sharma, Chairman, Renox Group believes that in the long run, Noida, Greater Noida and Yamuna Expressway areas will become preferred destinations for businesses and investors. Strong infrastructure, upcoming metro and rapid rail connectivity, and easy access to Noida International Airport and Indira Gandhi International Airport will drive demand for this area. As more companies set up operations here, the demand for good quality housing and commercial space is expected to increase significantly as people prefer to live close to their workplace. Gitanjali Khanna, MD, Rearco Pvt. Ltd. Said that the commissioning of Noida International Airport is a turning point for the region. Noida and Greater Noida are now on the way to transform from a real estate-based market to a strong airport-based economic ecosystem. Better connectivity will be its immediate benefit, but its bigger impact will be seen in the form of large investments, increase in logistics and warehousing, business expansion, employment opportunities and economic activity. There will be strong demand for commercial and mixed-use development, which will drive the next phase of development in the area.
