Airport in Jewar Projects Improve Realty Sales on Yamuna Expressway

Posted on Jun 15 2016

Noida is approximately 30 minutes’ drive away from the Indira Gandhi international Airport,whereas Gurgaon is just 20 minutes away. This is probably one of the major reasons that a variety of international conglomerates have anchored their

offices in Gurgaon rather than Noida.As an effect of this the property prices and rentals have been fairly low in Noida in comparison to Gurgaon. A ray of hope has arrived which might thicken the competition between these two NCR cities, i.e. the approval to the upcoming Jewar International Airport located just by the famed Yamuna Expressway, connecting Greater Noida to Agra.

When comparing the cream properties in Noida to that in Gurgaon Noida costs almost half the price of the most expensive property in Gurgaon, the per square foot price being Rs 20000.Although, Noida has always been a great market for residential developments, commercial developments have always been slow. Along with a boost in the local real estate the International Airport in Jewar also boosts the job prospects for young professionals in the city. The economy of the state will definitely prosper with the advent of this new prospect. The new Jewar Airport will definitely change the profile of the city of Noida. Along with a boost in the local real estate the International Airport in Jewar also boosts the job prospects for young professionals in the city. The economy of the state will definitely prosper with the advent of this new prospect.

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