The inauguration of Noida International Airport (NIA) is expected to push up prices of both residential and industrial units in micro-markets along the Yamuna Expressway, with the momentum spilling over into neighbouring Noida and Greater Noida, according to developers and market observers.
Inaugurated by Prime Minister Narendra Modi on March 28, 2026, property values in the Yamuna Expressway Industrial Development Authority (Yeida) region, which includes Jewar, are projected to rise by 28 per cent for plots and 22 per cent for apartments over the next two years, according to Colliers.
The region has seen strong realty activity since the airport was announced in 2021.
Apartment prices in Yeida have nearly trebled over the past five years — from ₹3,200 per square foot (psf) in 2020 to ₹9,600 psf in 2025.
Investor-Led Growth and Rising Values
Praveen Jain, president of the National Real Estate Development Council, said rates in some sectors of the Yamuna Expressway Special Economic Zone had already touched around ₹8,000 psf.
“This is significant, given that land values in the broader Jewar influence zone have risen by nearly 40 per cent over the past five years,” Jain said.
Developers and market watchers expect Yeida’s growth to be investor-led over the next two to three years, with a surge in plotted developments and early-stage residential projects, particularly along the expressway corridor.
“Formats such as low-rise developments and integrated townships are gaining traction. At the same time, as industries and institutions begin operations, they are adding to demand for well-planned housing,” said Sahil Agarwal, chief executive officer of Noida-based Nimbus Group.
Plot prices along the Yamuna Expressway have reached ₹2,500 psf in 2025, up 127 per cent from ₹1,100 psf in 2020, and are projected to rise further to ₹3,200 psf by 2027.
Infrastructure Development and Job Creation
Ongoing investments in data centres, industrial parks, and logistics hubs are expected to support job creation and gradually shift demand towards end-users over the medium term.
“Large-scale investments are underway in data centres, information technology parks, logistics hubs, retail and hospitality assets along Noida Expressway and near the airport zone,” said Amit Modi, director at County Group.
NIA’s impact is already spilling over into Noida and Greater Noida.
Connectivity projects such as Noida Metro expansion and Ghaziabad–Jewar Regional Rapid Transit System are expected to further drive demand, alongside the creation of over 450,000 jobs across upcoming technology and film hubs.
Developers who were earlier focused on central Noida are now expanding across the expressway belt, including Greater Noida and Yeida.
