ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • MSME Summit
  • Trending News
    • Viral News
    • Travel
    • People
    • Entertainment
    • Sports
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • E: Independence Day 2022 - PM Modi Speech From Red Fort - Watch Streaming | KNOW TOP POINTS, IMPORTANT QUOTES
  • Rakesh Jhunjhunwala Akasa Airline: What will happen to India's newest airline - founded by Big Bull?
  • Stock market holiday today: NSE, BSE to stay close on Independence Day; settlement holiday tomorrow
  • Happy Independence Day 2022: How to download, send WhatsApp GIFs, Stickers, Status and more
  • Independence Day 2022: Joe Biden calls India, US 'indispensable partners'
Read in App
Business News » India News

Big impact! How Jewar Airport is turning Noida, Greater Noida into money magnets for investors

After the Jewar Airport announcement by Modi and Yogi government, Noida is able to match with Gurgaon as the industrial land price in Noida is 25-30% lesser than Gurgaon.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Big impact! How Jewar Airport is turning Noida, Greater Noida into money magnets for investors
The industry insiders say that around 20 queries for industrial investments have come and a majority of them were earlier interested in investing in Gurgaon. Representation image: Reuters

On account of better infrastructure and better law and order in Noida getting combined with the proposed Jewar International Airport, industrial investors are shifting their focus from Gurgaon to Noida, Greater Noida. The industry insiders say that around 20 queries for industrial investments have come and a majority of them were earlier interested in investing in Gurgaon as there was an airport. but, after the announcement of Jewar Airport by both Yogi and Modi government, the investors have started nurturing the possibilities to invest in Noida, Greater Noida region instead of Gurgaon.

Commenting on the reason for this shift in focus of the industrial investors Aditya Ghildiyal, President, Greater Noida Industries Association told Zee Business online, "Around 20 odd big industries from Europe have shown interest in investing in Noida after the revival plan of the Jewar International Airport being announced by both central and the state government. Those investors are of the opinion that law and order situation and infrastructure in Noida is better than Gurgaon. the only lack in Noida was the airport which is getting fulfilled through Jewar Airport. So, a good number of investors have shifted their focus from Gurgaon to Noida. In fact, some of the existing companies of good repute in Gurgaon have also shown their interest to shift from Gurgaon to Noida as they are unable to bear the business burning caused by the traffic jam problem in Gurgaon."

See Zee Business video below:

अयोध्या विवाद को सुलझाने के लिए सुप्रीम कोर्ट ने दिया मध्यस्थता का रास्ता अपनाने का आदेश।#RamMandir #SupremeCourt pic.twitter.com/IczFwE06Yz

— Zee Business (@ZeeBusiness) March 8, 2019

Commenting upon the economic viability while investing in Noida in comparison to Gurgaon, Ghildiyal of Greater Noida Industries Association said, "Land prices in Noida is around 25-30 per cent lesser than the industrial land prices in Gurgaon. This is also a major reason for investors shifting their focus from Gurgaon to Noida as infra and other facilities sought by the industrial investors will be almost same once the Jewar Airport begins operation."

Supporting Ghildiyal's point of view, Vipin Malhan, President, Noida Entrepreneurs Association said, "In the current scenario, the only advantage that Gurgaon has over Noida is the airport. Otherwise, Noida is a much better place for industrial investment. The Jewar Airport and proposed airport metro line would fuel industrial investment in the ITES and service sector as it prefers to proper connectivity that can save time and provide quick access to the airport and their office. The Jewar airport metro line will do the same in this regard."

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Jewar airportAviationGreater NoidaNoida International AirportNoidaReal Estate
Written By: Asit Manohar
Updated: Fri, Mar 08, 2019
04:24 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Jewar airport news update: Letter of Agreement signed! What you need to know about Noida International Airport Jewar airport news update: Letter of Agreement signed! What you need to know about Noida International Airport
3 manufacturing firms to invest Rs 21 cr near Jewar airport 3 manufacturing firms to invest Rs 21 cr near Jewar airport
COVID-19 effect: Signing date of Jewar airport's key pact deferred again COVID-19 effect: Signing date of Jewar airport's key pact deferred again
All set to take-off! Jewar Airport gets wings with Zurich AG security clearance; CBRE sees rapid employment All set to take-off! Jewar Airport gets wings with Zurich AG security clearance; CBRE sees rapid employment
Jewar airport gets international recognition Jewar airport gets international recognition

LATEST NEWS

Happy Independence Day 2022: How to download, send WhatsApp GIFs, Stickers, Status and more

Google Doodle celebrates India's Independence Day 2022 with special flying kite GIF

Eknath Shinde Cabinet Ministers list: Who gets what? - know details here

Happy Independence Day 2022 images, status, DP, GIFs, stickers for WhatsApp - download and send

Noida Traffic Advisory for Independence Day: 15 August - Routes that will remain closed, timing of closure – full details

Delhi Metro timings on 15 August 2022, Independence Day: Check schedule, routes and parking advisory

Gujarat Police salary hike news: Rs 550 crore sanctioned for salary increase, increment on Independence Day 2022

Stock market holiday today: NSE, BSE to stay close on Independence Day; settlement holiday tomorrow

Independence Day 2022: Joe Biden calls India, US 'indispensable partners'

Laal Singh Chaddha box office collection: How Aamir Khan-starrer movie performed on Day 3; know latest update

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV