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Is Investing in Property Close to Jewar Airport A Smart Move- A Complete Analysis?

Property | Posted by 360Plot on May 12th, 2023 | Comments

India has one of the world's fastest-expanding aviation markets, and Delhi experiences its fair share of congestion and crowding. To solve this issue, the government has implemented a new airport plan which will be India’s and Asia’s largest air hub known as Jewar Airport.

This is the mega airport project which is also known as Noida International Airport, built in Jewar, Gautam Budh Nagar, along the Yamuna Expressway. It is anticipated that the project will boost infrastructure development and demand for commercial and residential properties near Jewar Airport. If you're considering investing in real estate, you might consider this region. Let’s analyze this further.

Some advantages of choosing the land close to Jewar Airport

One should be meticulous before investing in real estate. There are various factors one should keep in mind while purchasing a property. When it comes to investing near Jewar Airport, there might be a lot of questions poked into your mind. You may be sceptical right now, but after going through this article, you’ll be confident enough in buying a property in this region.

Let’s discuss the advantages of choosing land near Jewar Airport that are listed below.

Connectivity

If travelling from Greater Noida to Agra, Yamuna Expressway aims to ensure maximum safety, convenience and security.
It is assumed that Yamuna Expressway will connect some other significant cities like Meerut, Hapur, and Ghaziabad in UP and Gurugram, Sonipat, Rohtak, and Manesar in Haryana.
Yamuna Expressway will be connecting cities like Lucknow, Gwalior, and Kanpur, this will decrease the travelling time and distance.

Social and Physical Infrastructure near Jewar

For social infrastructure, we can point to Gautam Budh University, which is located at Yamuna Expressway, near Jewar. This makes it a preferred residential zone.
After the completion of the air hub, there will be an enhancement in tourism. This will give visitors from other countries an easy and direct approach to Agra Expressway.
The Yamuna Expressway is also home to India's first and only Formula 1 circuit. Other sports facilities on the drawing board include a cricket stadium, a tennis court, and a multi-purpose stadium.

Manufacturing, Logistics, and More

Through Dadri, the upcoming Delhi-Mumbai industrial corridor will run. This will enhance Logistics, warehouse storage and special Development Zones in Yamuna Expressway.
Along the Yamuna Expressway, near Jewar Airport, there will be many projects and manufacturing plants set up by more than ten important companies like the USA, Japan, Korea, etc.
With an investment of about 1.5 Crore, YEIDA has proposed constructing an IT hub.

These are the benefits you will get if you purchase property near Jewar Airport. Before making the final call, consider these points. Now we’ll discuss Residential and commercial plots near the Jewar Airport.

Residential Plots near Jewar Airport

After the pandemic, there is an increase in demand for apartments and residential plots. People are indulged more in work-from-home jobs due to which they need their personal space to work. These days, the eye-catching location is near Jewar Airport with all the best amenities available to fulfil the need of the buyer. Many people are investing in this land, and one can anticipate a great boost in appreciation of the property.

There is a 34 per cent increase in the price of the property if we compare from April 2021 to April 2022. The area is in great demand and allowing yourself to invest in this location is a smart move.

Commercial plots near Jewar Airport

The demand for commercial land is also ascending. There are varieties of business plots available near the Jewar Airport. People are looking for a good source of income either through capital growth or rental earnings. Purchasing land near Jewar Airport for commercial use will be a wise decision

To keep you in the loop, let’s jump to the current update.

Latest update on plots near Jewar Airport

After confronting with high demand for land, the Yamuna Expressway Industrial Development Authority has conducted a lucky draw to distribute six commercial/business plots in Sector 32 and Sector 33, each measuring around 4000 Sq ft.

The government has given the green signal for the road construction which will be connecting Haryana to the future Jewar Airport in Gautam Budh Nagar. The budget of this project is Rs. 2,414.67 Crores and will finish in two years.

NIA (Noida International Airport) chose ICAD Holding as its MSI (Master System Integrator) consultant to help it become India's first greenfield digital airport. The NIA intends to use the government's DigiYatra policy to implement paperless processing at checkpoints.

Our company, 360 Plot, deals with the same thing. We have lands available in Jewar Noida at the best market rates and with no brokerage fees. We have plots of various sizes available in various locations near Jewar Airport. You can find many options on our platform, including the size of the land that meets your needs. We have plots available in Film City, Greater Noida, Jewar, Jewar Airport, Yamuna Expressway, Dadri Road, Noida Greater Noida Expressway, and many other locations. For more information on the plots and location, please visit our website at www.360plot.com.

You have a fantastic investment opportunity available to you. After reading the preceding article, it should be clear that investing near Jewar Airport will benefit you greatly. The land is in high demand because it is rapidly expanding, and many large corporations have begun to invest their money. You can find the best residential plots for a better and more enjoyable life, as well as commercial land for a good capital gain and rental income.