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Jewar Airport: PM Modi Lays Foundation Stone; Boost Expected For Noida Housing Market

Prime Minister Narendra Modi, On November 25, 2021, Laid The Foundation Stone For The Jewar Airport In A Mega Event. 27 Feb 2022 245 Comment

Prime minister Narendra Modi, on November 25, 2021, laid the foundation stone for the Jewar Airport in a mega event. Formally known as the Noida International Airport, the upcoming airport is expected to boost the fortunes for a high potential real estate region that has so far been impacted by a multi-year slowdown. The much-publicized event that would initiate the process to build the Noida International Airport at Jewar had in attendance high-profile attendees like Uttar Pradesh chief minister Yogi Adityanath. Prime minister Narendra Modi, on November 25, 2021, laid the foundation stone for the Jewar Airport in a mega event. Formally known as the Noida International Airport, the upcoming airport is expected to boost the fortunes for a high potential real estate region that has so far been impacted by a multi-year slowdown. Jewar Airport And The Connectivity Net From the broader perspective, the Jewar airport will connect several key cities of UP, including Agra, Mathura and Gautam Buddh Nagar, to the world’s aviation network. It will also provide the western UP region with a highly robust connectivity net - the travel time to and from the Jewar Airport is expected to be one of the major determinants for passenger’s airport preference. As it is, the Jewar Airport site is about 30 kms from the state highway (SH-22A) that connects Palwal and Aligarh. It is also 700 metres from the Yamuna Expressway. The arrival of the airport would bless this property market with several other infrastructural developments, too. The Jewar Airport will have an Aerocity on the lines of the one at the IGI Airport. Plans are also in the works to link the $-3.1 billion Jewar Airport with Delhi's Metro’s Aqua Line by 2025. The government is also considering the possibility of linking the airport with Sarai Kale Khan, a major bus transit station in the national capital, through a dedicated Rapid Rail Transit System (RRTS). At a later stage, the Jewar Airport could be connected with the Eastern Peripheral Expressway that joins Haryana's Palwal with Kundli, bypassing the national capital.