The need for land close to Jewar Airport has seen an incredible increase in recent years. Due to the expansion of Noida International Airport, popularly called Jewar Airport, real estate entrepreneurs, investors as well as homebuyers are looking at this area for one of the fastest growing areas for property in India. The Airport’s project isn’t just improving infrastructure, it’s opening the door to large returns on investment commercial and residential plots. If you’re looking for an investment Plot Near Jewar Airport, now is the perfect opportunity to investigate this growing market.
Why Invest in a Plot Near Jewar Airport?
The decision to invest in the parcel close to Jewar Airport is a choice that combines smart forecasting with the potential for future profits. Here are some convincing reasons why this area is attracted by thousands of investors:
Strategic Location Advantage
Jewar Airport is situated in Gautam Buddh Nagar district, Uttar Pradesh, connecting Noida, Greater Noida, Delhi, Ghaziabad, Agra, as well as other cities of importance. The Airport’s future is expected to be among the biggest in Asia which will make the areas a preferred location for development of real estate. A purchase of an property close to Jewar Airport offers you the ideal spot that will rise significantly with the development of infrastructure.
Excellent Connectivity
Plots close to Jewar Airport benefit from outstanding connectivity. There is a Yamuna Expressway connects the Airport region and Delhi and Agra and the planned Delhi-Mumbai Expressway metro extensions along with dedicated freight corridors set to enhance connectivity. This makes the land in this region a profitable investment for commercial, residential industrial, and other reasons.
Massive Infrastructure Development
It is believed that the Uttar Pradesh government and central authorities are investing huge sums into developing the area. Plans include logistics hubs, industrial parks and IT corridors as well as hospitality and tourism projects. The ownership of an parcel close to Jewar Airport ensures that you’re part of an area that is set to experience rapid growth over the next decade.
High Return on Investment (ROI)
As demand rises and land availability becomes scarce and property prices are predicted to increase steadily. A good investment in the early stages of the purchase of a parcel close to Jewar Airport can yield an impressive return on investment. If you are planning for the construction of your ideal house or set up your own business, or keep the property in case of resales or for resale, the appreciation potential will be in your favor.
Types of Plot Near Jewar Airport
If you’re thinking about investing it’s essential to be aware of the different types of plots that are offered in this region.
Residential Plots
Numerous developers and local authorities offer the possibility of residential plots in close proximity to Jewar Airport, perfect for families looking to be near one of the leading cities in the near future. These plots offer the chance to build custom homes in a fast-growing neighborhood.
Commercial Plots
With thousands of companies expected to locate themselves near the Airport, the demand for commercial land close to Jewar Airport is skyrocketing. From office and retail space to hotels and warehouses there are plenty of opportunities.
Industrial Plots
Jewar Airport will serve as an important hub for logistics and manufacturing units. Industrial plots close to Jewar Airport are being constructed for storage units, as well as other industrial needs.
Benefits of Owning a Plot Near Jewar Airport
- Affordable Prices: Comparative to the prices of property that are available in Delhi or Gurgaon, plots near Jewar Airport are still affordable and are therefore attractive to both large and small investors.
- Employment generation: Airport projects are expected to generate thousands of jobs, which will lead to an influx of individuals who require accommodation, shopping, as well as entertainment services. This means that there will be a higher demand for commercial and residential plots.
- World-class Infrastructure: From highways and Metro connectivity, to intelligent city technologies the region is currently designed to be compliant with international standards.
- Tourism & Hospitality Growth: With the Airport serving millions of travelers each year hotels, resorts and leisure establishments will prosper and increase the value of plots in close proximity.
Price Trends of Plot Near Jewar Airport
The cost of plots close to Jewar Airport varies depending on the distance to the Airport, the type of property, and the surrounding infrastructure. Residential plots are usually cheaper than commercial plots. But as the Airport is nearing the completion date, prices for properties will likely to rise rapidly.
Investors who invest in an area today may have their investment double or even triple over the five to 10 years ahead. Experts believe that the area could follow the same growth trend of Gurugram close to IGI Airport.
Things to Consider Before Buying a Plot Near Jewar Airport
Land investment will require careful thought. Here are some things to consider before buying the land parcel close to Jewar Airport:
- Legal verification: Verify that the plot is clearly defined titles, and that it is free of any dispute.
- Developer/Builder Reputation: Purchase plots from reliable developers or projects that have been approved by the government.
- RERA Register: Verify that the project has been in the register of Real Estate Regulatory Authority (RERA).
- Connectivity and the location: Find the the proximity of metro stations, expressways, and other infrastructures that are important.
- The Future Plan: Go through this master plan of the Jewar region to learn about the zoning process and possible development around your parcel.
Who Should Invest in a Plot Near Jewar Airport?
- homebuyers who want to settle in a well-connected and modern area.
- Business owners intending to build shops, offices or warehouses.
- Real Estate Investors looking for long-term appreciation and a high returns.
- NRI Investors seeking profitable investment opportunities in property in India.
Future of Plot Near Jewar Airport
With the ambitious plans of the government, Jewar Airport is expected to open in phases in the latter half of 2020. Once operational passengers and cargo flow will spur economic growth in the area. This will cause an explosion in the demand for commercial, residential, and industrial areas near Jewar Airport.
A parcel of land close to Jewar Airport is not only a piece of property, it’s an asset that has huge potential for growth. The planned Plot in Noida International Airport, combined with world-class connectivity, excellent connectivity infrastructure, and reasonable cost of entry, makes this area an extremely exciting investments in India. If you’re planning to build a house or establish a business or use the property as an investment over the long-term there are plenty of opportunities.
If you’ve ever thought about investing in investing in real estate, now is the moment to purchase an parcel close to Jewar Airport and secure your stake in this growing market for property.
