Ministry Nod to Jewar International Airport brings Good News for Noida Real Estate

Living in Noida and having a job that requires you to travel to other countries quite often can be a frustrating combination. The only airport of Delhi- Indira Gandhi International Airport- is an hour and a half long drive. Commuting to and fro from a distance so far is really hectic. But it would no longer be a problem.

The ministry has finally given a nod to the new international airport Jewar in Greater Noida. The plan was passed much before but it was stalled due to regulatory delays. But now the same has been resolved. The land has been occupied and the construction work for the airport will be started soon enough. This is a good news for those living in Noida and Greater Noida as well as for the real estate industry in general.

Jewar is located along Yamuna Expressway which is a 165 km long stretch connecting Greater Noida to Agra. The infrastructure around the area has already started to reach the next level and this kick-start is due to the airport announcement. The extended surroundings of Greater Noida will also witness new launch of residential and commercial properties. [Read more…]