Noida to get an airport
BI India BureauJun 27, 2015, 03.19 PM
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A new airport at Jewar has been approved by civil aviation ministry. It would be built along the Yamuna Expressway that connects Greater Noida with Agra.
Experts believe the airport has huge potential to boost property demand in the area. Till now, both domestic and international companies have usually preferred Gurgaon over Noida because it’s nearer to the Delhi airport.
As a result, property prices and office rentals in Noida have slumped. It currently takes over an hour and half to drive about 35 kms from the airport in New Delhi to Noida.
The new airport is expected to change that and uplift Noida’s image in the NCR region.
(Image credit: Indiatimes