The upcoming Jewar Airport, officially known as Noida International Airport, is set to transform the real estate landscape in and around Greater Noida. As one of India’s most ambitious infrastructure projects, it is expected to boost connectivity, economic growth, and property values in the region. For investors and home buyers, purchasing plots near Jewar Airport presents a lucrative opportunity. However, before making a purchase, it is essential to consider various factors to ensure a wise investment. This guide will walk you through everything you need to know about buying residential plots near Jewar Airport.
Why Invest in Residential Plots Near Jewar Airport?
Massive Infrastructure Development: With the construction of Jewar Airport, the surrounding areas are witnessing rapid urbanization. The government has planned expressways, metro connectivity, and smart city projects to enhance the region’s appeal.
- Rising Property Values : As infrastructure improves, property prices are expected to surge. Buying a plot now can yield significant returns in the coming years.
- Strategic Location : Jewar is located close to Delhi, Noida, and Greater Noida, making it an ideal place for people looking to escape urban congestion while staying connected.
- Employment Opportunities : The airport is expected to attract numerous industries, including logistics, tourism, and IT hubs, creating a demand for residential spaces.
- Affordable Pricing : Compared to real estate prices in Delhi and Gurgaon, plots near Jewar Airport are still relatively affordable, making it a great investment opportunity.
Key Factors to Consider When Buying Plots Near Jewar Airport
Check Land Title and Ownership
Before purchasing any plot, verify the title deed and ensure that the seller has legal ownership of the property. Scrutinize the land records with the revenue department to avoid disputes.
Verify Land Use and Zoning Regulations
Different plots are designated for residential, commercial, and agricultural use. Ensure that the plot you are purchasing is approved for residential purposes to avoid legal complications later.
Connectivity and Accessibility
Check the proximity of the plot to major roads, expressways, and public transportation. The Yamuna Expressway, Eastern Peripheral Expressway, and upcoming metro extensions will play a crucial role in connectivity.
Development and Amenities in the Area
Look for plots in areas with existing or planned amenities such as schools, hospitals, shopping centers, and entertainment hubs. The presence of essential services enhances the livability and future value of the plot.
Approvals from Authorities
Ensure that the plot has been approved by local authorities such as the Yamuna Expressway Industrial Development Authority (YEIDA). Unauthorized properties can lead to legal hassles and financial loss.
Builder Reputation and Past Projects
If you are buying from a developer, research their credibility and track record. A reputed builder will ensure transparency and quality development.
