NEW OPPORTUNITY 

FILM CITY AND JEWER AIRPORT

JAN 19, 2021

The recent announcements of Jewar International Airport and Film City make Noida a region with limitless possibilities, especially for residential and commercial spaces.

Noida and Greater Noida have been offering affordable price points in comparison to their counterpart in Haryana.In the North Indian realty market, Noida has been a developing realty hotspot with developments around the six-lane Yamuna Expressway, adding on to the property market momentum. A 177-km Yamuna Expressway from Greater Noida to Agra was primarily built to reduce travel time, but it also revolutinized the habitation and lifestyle of people flocking to stay here. Ever since the pandemic has struck, state Government here has pledged to create a roadmap for UP’s growth and development, looking at the immense potential the region can offer.

The UP government has received over 50 investment proposals worth Rs 7,000 crore from international investors who are planning on shifting their base from China to Uttar Pradesh. Three manufacturing firms have already been allotted 15,000 sq metre land near the upcoming airport in Gautam Buddh Nagar’s Jewar, and more are in the pipeline. The move will lead to investments and creation of job opportunities. A rise in population density directly translates into the need for creating more social structures such as business parks, retail hubs, entertainment zones, recreational centres etc to satiate the growing desires and aspirations of people as per the urban lifestyle standards.