Jewar Airport: With the foundation stone of Jewar Airport, real estate will get wings in this area
Jewar Airport: With the foundation stone of Jewar Airport, real estate will get wings in this area
Real estate developers in Noida, Greater Noida and Yamuna Expressway areas are excited about the foundation stone of the International Airport at Jewar in western Uttar Pradesh. They say that this will give wings to the development of real estate in the area. They say that it has never before had such a huge investment in this area.
There will be economic development of the entire state, Manoj Gaur, Vice President of CREDAI (Northern Region) and CMD of Gaur Group, says that today is a special day for Yamuna Expressway and NCR region. He is happy that PM Modi and Uttar Pradesh Chief Minister Yogi Adityanath have laid the foundation stone of Noida International Airport in Jewar. This will make an unprecedented contribution to the rapid development of this sector. This sector has already witnessed huge investment, now it will result in economic development of not only Yeda region but the entire state. He says that increasing commercial activity will also ensure employment opportunities which should result in an increase in the demand for residential and commercial properties.
Noida will come on the global map
Deepak Kapoor, Director, Gulshan Group says that the inauguration of Jewar Airport is a good news and will definitely put Noida on the global map. This will bring in a lot of investment from many industries. HNIs will attract the new corporate class including UHNIs to evaluate the city for long term income opportunities due to seamless connectivity and high infrastructure development like Film City, amongst all this real estate is definitely one of the bright options. Will emerge
There will be a big change in the field
Amit Modi, President (Elected) of CREDAI Western UP and Director, ABA Corp, says that the inauguration of Jewar Airport is going to bring a huge change in the area of Noida. This will put the city on the global logistics map. The State Government has always been supportive and proactive in creating opportunities for growth and business facilitation. Now with this airport, this sector will have manifold economic benefits as well as it will also open up employment opportunities in the construction business. It will also promote corporate travel and vacation opportunities and will put Noida and Greater Noida on par with the Millennium City Gurugram.
Commercial activity hub of NCR
According to Ankita Sood, Head of Research, Makaan.com, Jewar Airport will be an important factor for the overall development of the Noida and Greater Noida region in the times to come. The airport will be the hub of commercial activity of NCR including Noida and will provide much-needed connectivity to these regions, which will also boost the real estate sentiment. We are already seeing that residential demand in smaller markets around the upcoming airport pick up pace from September 2021, surpassing 2020 levels despite the shock of the second wave of COVID-19.
Original Post: economictimes.indiatimes.com/hindi/wealth/property/with-the-foundation-stone-of-jewar-airport-real-estate-will-get-wings-in-this-area/
