Investing in residential plots near Jewar Airport, officially known as Noida International Airport, presents a compelling opportunity for both seasoned and novice investors. The airport's development is set to transform the region, offering numerous benefits that make property investment in this area particularly attractive.
Strategic Location and Enhanced Connectivity
Jewar Airport is strategically located in Gautam Buddh Nagar, along the Yamuna Expressway, providing seamless connectivity to major cities such as Delhi, Noida, and Greater Noida. The Yamuna Expressway connects Agra Ring Road to the Noida-Greater Noida Expressway and will soon merge with other major towns like Gurgaon, Sonipat, Rohtak, and Manesar in Haryana, as well as Meerut, Hapur, and Ghaziabad in Uttar Pradesh. This enhanced connectivity is expected to make the region a hub for residential and commercial activities.
Infrastructure Development and Economic Growth
The airport's construction is a catalyst for extensive infrastructure development in the vicinity. Plans include the development of highways, metro lines, and other amenities, which will not only improve accessibility but also boost the area's economic profile. The establishment of the airport is anticipated to attract businesses and industries, leading to increased employment opportunities and, consequently, a higher demand for residential properties.
Appreciation Potential
Investing in plots near Jewar Airport has high appreciation potential. With the airport's construction, land prices in the area are expected to increase significantly. Investors who invest in plots near the airport can expect a high return on their investment in the coming years. The airport will not only enhance the connectivity of the region but also create employment opportunities, further increasing the value of the plots.
Government Initiatives and Support
The Yamuna Expressway Industrial Development Authority (YEIDA) has been proactive in promoting the region by allotting industrial and commercial plots to attract businesses. For instance, YEIDA allotted six industrial/commercial plots in Sectors 32 and 33, each measuring at least 4,000 square meters, via a lucky draw. Prior to the airport's construction, there were no takers for these plots, but as soon as construction began, around 80 companies applied, indicating heightened investor interest.
Diversified Investment Opportunities
The area offers a range of investment options, including residential, commercial, institutional, and industrial plots. This diversity allows investors to choose properties that align with their investment goals and risk appetite. Whether aiming for rental income, capital appreciation, or business operations, the region provides suitable opportunities.
