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The upcoming Noida International Airport at Jewar is expected to accelerate residential real estate activity in Greater Noida, with increased demand and new project launches anticipated as economic activity expands, according to a report by Knight Frank India. Annual housing supply in Greater Noida has already risen from 4,415 units in 2021 to 14,000 units in 2025, while sales have grown to 12,903 units over the same period. The micro-market accounted for 28 per cent of new launches and 25 per cent of sales across Delhi-NCR in 2025. The report indicates that the airport will strengthen developer confidence, attract investments, and support growth along the Yamuna Expressway and surrounding catchments.
The upcoming Noida International Airport at Jewar is expected to drive higher demand and supply in Greater Noida's residential market, with real estate consultant Knight Frank India indicating in a recent report that improved economic activity linked to the airport will support sustained housing growth across the region. Advertisement
In its report titled The Jewar Turning Point, the consultancy has outlined that the airport's operationalisation, scheduled to be inaugurated by Prime Minister Narendra Modi in the coming days, is likely to enhance developer confidence and encourage new residential project launches in key micro-markets of Greater Noida. The airport, whose foundation stone was laid in November 2021, is being developed as a major aviation hub for the National Capital Region.
Data presented in the report shows a significant rise in residential activity over recent years. Annual housing launches in Greater Noida increased from 4,415 units in 2021 to 14,000 units in 2025, while annual sales rose from 10,685 units to 12,903 units during the same period. The market accounted for 28 per cent of total new launches and 25 per cent of overall sales in the Delhi-NCR region in 2025, indicating its growing prominence within the regional housing market.
Shishir Baijal, chairman and managing director of Knight Frank India, indicated that the airport is expected to influence both the aviation and urban landscape of the NCR, adding that the emergence of dual airport infrastructure in the region would support new economic corridors. Rajeev Vijay, executive director for government and infrastructure advisory at the firm, stated that the commencement of airport operations would act as a catalyst for residential development, particularly in Greater Noida and along the Yamuna Expressway.
Industry stakeholders have also pointed to broader development implications. Jash Panchamia, executive director at Jaypee Infratech Ltd, noted that the airport's operationalisation would mark a new phase of growth for Noida, Greater Noida, and the Yamuna Expressway belt. He added that while the region has already delivered returns to early investors, further expansion is expected as airport-led economic activity attracts industries, offices, and businesses.
Pyush Lohia, managing director of Lohia Worldspace, indicated that both residential and commercial demand in the region is likely to strengthen as employment opportunities increase and economic activity gains momentum.
The report highlights the role of infrastructure-led development in shaping real estate markets, particularly in peripheral urban areas. With the airport expected to improve connectivity and attract investment, Greater Noida and its surrounding corridors are likely to see continued expansion in housing supply, alongside rising demand from both end-users and investors.
Source - PTI
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