Mumbai: The upcoming Noida International Airport at Jewar is expected to significantly reshape the regional real estate landscape, with property prices along the Yamuna Expressway corridor projected to rise sharply over the next two years, according to a report by Square Yards.
The report, titled “Runway to Realty: How Noida International Airport is Reshaping Realty,” highlights that property prices in the region have already witnessed substantial growth between 2020 and 2025. Apartment prices have nearly tripled during this period, while plot values have increased by around 1.5 times. In select micro-markets, appreciation has reached up to fivefold, driven largely by infrastructure-led investment activity.
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Looking ahead, the report projects that property prices near Noida Airport could continue their upward trajectory, with plot values expected to increase by approximately 28% and apartment prices by 22% by 2027.
The Noida International Airport, scheduled for inauguration on March 28, 2026, is among India’s largest greenfield infrastructure developments. Once fully operational, it is expected to become one of Asia’s largest airports, with a projected capacity of handling up to 225 million passengers annually in its final phase. The development is anticipated to enhance aviation capacity in the NCR while accelerating economic activity and urban expansion.
Industry experts believe the airport is acting as a catalyst for long-term real estate growth. Tanuj Shori, Founder and CEO of Square Yards, noted that the region is transitioning into a globally competitive real estate market, supported by the emergence of an aerotropolis ecosystem.
The concept of an aerotropolis integrates airport infrastructure with residential, commercial, logistics, and industrial developments, creating a self-sustaining urban hub. This model is comparable to established global benchmarks such as Amsterdam’s Schiphol region.
Enhanced connectivity through expressways and upcoming multimodal transport networks is expected to further boost demand. The region is also witnessing increased developer activity, with new project launches concentrated in high-impact zones along the corridor.
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According to Sunita Mishra, Vice-President – Research & Insights at Square Yards, the Noida market has undergone a structural transformation. Previously considered a peripheral and end-user-driven market, it is now evolving into a high-growth investment destination, driven by visible progress in infrastructure and improved investor confidence.
As the airport nears completion, the Yamuna Expressway and surrounding areas are expected to emerge as key real estate hotspots in the NCR, marking the next phase of urban and economic expansion.
