Apartment prices near Yamuna Expressway in the National Capital Region (NCR) have increased rapidly in the last five years. According to real estate consultant Square Yards, the main reason for this increase is big infrastructure projects like Noida International Airport. Between 2020 and 2025, apartment prices increased almost three times and plot prices increased 1.5 times. In some specific areas this increase reached up to 5 times. On Saturday, Prime Minister Narendra Modi will inaugurate the newly built Noida International Airport. This airport has been designed as a major international gateway for the National Capital Region.
Prices increased 3 times
The airport work and increasing interest from investors led to a sharp rise in plot prices, while apartment prices increased gradually. According to media reports, the pace of prices will now slow down in 2026-2027. The prices of apartments and plots may increase by about 22% and 28% in the next two years. At present, the average price of apartment is Rs 9,600 per square foot and plot is Rs 2,500 per square foot. By 2027, this may increase to Rs 11,800 per apartment and Rs 3,200 per square foot for the plot.
Also read- India’s mission farming in WTO! Government will become a shield for farmers amid new rules of global trade
Trains will talk to the air! New gear of Indian Railways; Your travel style will change soon
There will be a long-term impact on prices and investment
Tanuj Shori, Founder of Square Yards, says that the real estate market of Noida is now at a turning point. With the construction of Jewar International Airport, the surrounding area is moving towards becoming an aerotropolis i.e. a city developing around the airport. This will have a long-term impact on housing demand, prices and investment.
What are the experts saying?
Shori further said that this is a testament to how strategic infrastructure can completely change the identity of an area and open new avenues for sustained economic growth. In simple words, Noida’s real estate is now changing rapidly. Due to infrastructure and airport, this area has become attractive for both investors and buyers. Prices will gradually increase in the coming years and this area will develop further.