Jewar among emerging property markets, land prices up 40%

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Jewar, a small town along the Yamuna Expressway in Uttar Pradesh, is emerging as a rapidly growing real estate micro-market due to the upcoming Noida International Airport. According to a report by Colliers India titled Infrastructure & Mega Projects – The Key Enablers of Urban Expansion in India, land prices in Jewar have appreciated by 40% in the past five years and are projected to rise by 50% by 2030.

Colliers highlights Jewar’s transformation into a prominent investment destination, driven by strategic infrastructure development, industrial expansion, and robust government initiatives. The Jewar Airport, spread over 1,334 acres, is the centerpiece of these developments and is expected to be completed by 2025. Its strategic location along the Yamuna Expressway, which connects key urban centers like Delhi, Noida, and Agra, positions Jewar as an advantageous hub for growth.

The report also emphasizes additional infrastructure developments contributing to Jewar’s growth, including metro extensions and themed city projects. These initiatives are fueling robust economic growth and cementing Jewar’s status as a key real estate market in Uttar Pradesh.

Colliers India states that the airport is a major catalyst for urbanization in the region. Its strategic positioning and connectivity are set to significantly boost real estate demand and investments. As a result, Jewar is undergoing a rapid transformation into a leading micro-market, offering lucrative opportunities for real estate investors and developers.

Jewar’s rise as a real estate hotspot reflects the positive impact of infrastructure development on urban expansion, showcasing its potential as a thriving investment destination in India.