Jewar continues to emerge as one of the most active regions in real estate development within the National Capital Region (NCR), especially after the announcement of the plot near jewar International Airport (Noida International Airport). The current infrastructure development in the region is unprecedented, positioning it as a hotspot for property investment. From a real estate investment perspective, society plots in Jewar is one of the most sought after investment and buying options, especially because of the affordability, legal security, and high valuation appreciation they offer.
Why Invest in Society Plots in Jewar?
Jewar International Airport and its advantages
Jewar Airport is one of the most anticipated upcoming projects in the region as it is to be the largest and most modern airport in the country. As the infrastructure development of the Airport commences, it is predicted to greatly increase the connectivity and commercial activities within the region. The airport is likely to create a sustained appreciation for residential and commercial properties.
Low Land Prices Compared To Noida & Greater Noida
Unlike Noida and Greater Noida, where property prices have soared, Jewar still has reasonably priced land. Society plots in Jewar are priced competitively, making them a good investment for the middle class as both end users and investors.
Active Infrastructure Development
Both the state government and the Yamuna Expressway Industrial Development Authority (YEIDA) are making advancements in the following areas:
- Wider roads and connection to expressways (Yamuna expressway, Noida-Greater Noida expressway)
- Metro connectivity (Proposed extension of metro to Jewar)
- IT and industrial zones near the airport
- Educational institutions, shopping complexes, and hospitals
Increased ROI
Due to ongoing and anticipated developments, plots in Jewar are positioned to yield significant returns in the next 5 to 10 years. Land buyers in the near term are expected to benefit from currently lower prices and greatly appreciate future valuations.
RERA Approved Projects and Legal Protections
Numerous plotted developments in Jewar offer RERA approved projects, providing transparency and legal protection to buyers. Purchasing a society plot in a legally sound society greatly reduces the risk of investment fraud or legal issues.
Ideal Areas For Society Plots in Jewar
Jewar Town
- Considerably near to the Jewar Airport project
- Excellent connectivity via Yamuna Expressway
- Emerging residential and commercial centers
Dankaur
- Situated close to Jewar and Greater Noida
- Considerable social infrastructure like schools, hospitals, and markets
- Reasonable pricing for plots
Rabupura
- Developing into a residential hotspot
- Close to key locations like Yamuna Expressway, and with a proposed metro station
- Good price appreciation potential
Ghanghola
- Close to the Jewar Airport and Film City project
- Developing as a high-end residential area
- Gaining the attention of investors and builders
Yamuna Expressway Region
- Direct access to Delhi, Noida, and Agra
- Premium plotted developments by reputed builders
- Predicted commercial and retail developments in the region
Predictions of Future Development of Jewar Real estate
Impact of Noida International Airport ( Jewar Airport)
- Anticipated to be operational in 2024-2025
- Will create thousands of new jobs and increase housing demand
- Boost in the hospitality, logistics, and retail markets
Proposed Metro and other Road Connections
- Delhi-Jewar metro line in the works
- Expanded road systems for effortless travel
Industrial and commercial expansions
- Multi-modal freight transport center near the airport
- IT parks and commercial centers being built
- Film City project to bring in investments from the entertainment industry
Increased Demand for Residential Spaces
- Increased employment opportunities around the airport will require housing options
- Plot approvals from end users and investors will be in high demand from plotted societies.
Things to Keep in Mind When Purchasing a Plot in Jewar
- Legal Check: Make certain the plot is RERA approved and has no legal issues and claims against it.
- Sub Location: Consider a plot adjacent to major infrastructure investments to realize better value appreciation.
- Developers: Purchase from well-established builders to ensure reliable delivery and a good history track record.
- Future Development Plans: Look into the master plans by YEIDA and Noida Authority.
- Price and Payment Methods: Look between options to ensure the best value.
Society plots in Jewar offer a sound investment in light of the proposed Jewar International Airport, increasing infrastructure developments, and low price points. Investors seeking high return opportunities and homebuyers prepping well in advance to purchase a residence will find Jewar to be the best value in the NCR region.
Now is the optimal time to purchase a plot near jewar with government investment plans and private investments coming in. Plot prices will increase drastically in the near future, and this is a prime opportunity to grab these real estate investments.