The land required for Jewar Aiport on Greater Noida property on Yamuna Expressway, which falls near Noida can be successfully acquired for further work process after the Centre clears the project in another six months, the CEO of Yamuna Expressway Industrial Development Authority (YEIDA), Arun Vir Singh stated.
After that, he added that the airport will be built in another three years for the development and ease of people who travel to Noida. Rather than going to IGI airport and then traveling approximately 100kms they can now come directly to Greater Noida for any business purposes. This will also give more and more development to the area given the fact that the Yamuna Expressway is near to Noida and will allow more and more Plots in Greater Noida to be sold to commercial as well as industrial offices. This, however, will also increase the residential sector and will allow the people to enjoy the immense development and close proximity to almost all the daily requirements.
With this, the airport is said to double to annual revenues by their tax rates and the renting of office spaces. This land and the vicinity around the developed area will increase the Greater Noida property prices and can builders can take a step further by building new and royal flats.