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
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Residential demand upbeat despite construction cost, interest rate rise; brokerage picks DLF, Oberoi Realty among top 4 bets
  • Copper Set to Post Worst Quarterly Performance in Over 2 Years
  • Maruti Suzuki Brezza 2022: Launch today! Check key highlights; live streaming link here
  • Nothing Phone 1 confirmed to come with Snapdragon 778G+ SoC on July 12 - Know more
  • Ratnamani Metals bonus share: Stock jumps 15%, hits 52-week high ahead of record date
Read in App
Business News » India News

Jewar Airport: More than double return in 5 years! Why investing in land here is a realty win-win

An investor can expect at least 15  per cent  per  annum  appreciation  in land prices around Jewar Airport and in five years investor can expect a minimum of 120  per cent  returns by the time airport becomes operational.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Jewar Airport: More than double return in 5 years! Why investing in land here is a realty win-win
Yamuna Expressway will be a more popular destination compared to Noida, once Jewar airport is completed. Representation Representation photo: PTI

Noida International Airport in Jewar: Investment in land is one of the major attractions among real estate investors. As Modi government announced to kick-start the long-awaited Jewar International Airport in Noida, property experts have gone bullish over the land price appreciation in the region. Industry insiders are expecting at least 120 per cent gains on land investment by the time Jewar Airport would become operational. 

Giving an idea about the land prices in the region Ankur Dhawan, Chief Investment Officer at PropTiger.com told Zee Business online, "There are various kinds of lands available in the region. Those being developed by the authority is available in the range of Rs 9,000 per square meter while plots developed by the developers, the prices fall in the range of Rs 22,000 to Rs 25,000 per yards. However, the agriculture plots available in the vicinity of Jewar Airport, prices are in the range of Rs 5,000 per square meter." Elaborating upon the differences among the plots being made available by authority, builders and the local farmers and risk involved in these land investments Ankur Dhawan told, "Land offered by builders are inclusive of the amenities like swimming pool, club membership, parking etc. while the plot offered by the authority lacks these amenities." On agriculture land, he said that land use has to get converted by the buyer as anybody coming to buy the land won't be interested in agriculture or farming. So, agriculture land contains the highest level of risk for investors.

See Zee Business video below:

#AajKaBazaar | मजबूती के साथ बंद हुआ बाजार, जानिए दिनभर के बाज़ार का हाल रजत देवगन से। @AnilSinghviZEE @devganrajat9 @deepaliranaa @SumitResearch pic.twitter.com/lWNYb2KV9V

— Zee Business (@ZeeBusiness) February 21, 2019

On price appreciation that an investor can expect after investing in the land around Jewar Airport Manoj Gaur, Vice President, CREDAI — national chapter told, "With the current developments, the demand is on the rise. We are expecting a price hike in the land prices around Jewar Airport to the tune of 15-20 per cent per annum. So, an investor can expect at least 120 per cent returns on one's investment in the next five years, a time frame by which the airport is expected to become operational. Also with more housing projects under affordable segment coming up soon, the demand will increase quite a bit which can marginally push the pricing upwards." However, he said that all these things would happen if the government meets its promises in regard to the Jewar International Airport.

Elaborating upon the reason for price rise in the region Amit Raheja, CMD, Wealth Clinic told, “The availability of multiple housing options which includes plots, villas, and group housing projects, Yamuna Expressway always had a sustained demand. With the work picking up the pace for Jewar Airport one can expect more demand for the region. Prices can marginally go upwards looking at the increased demand."

Speaking about the trickle down of the land price rise in the vicinity of the Jewar international airport Ankur Dhawan, Chief Investment Officer, PropTiger.com told, “Yamuna Expressway will be more popular destination compared to Noida, once Jewar airport is completed. Many corporates may move to Yamuna expressway in the future to benefit out of lower cost space and better connectivity.” He said that Jewar airport will also improve connectivity of the region with Delhi as new infrastructure is under the plan to connect Indira Gandhi International Airport (IGIA) with Jewar International Airport.

 

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 airportAviationReal Estate
Written By: Asit Manohar
Updated: Thu, Feb 21, 2019
05:02 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

Closing Bell: Sensex down 150 points, Nifty below 15800 – IT, FMCG, Bank stocks drag most

Ultimate Kho Kho: 1st sports venture of rapper! Badshah, Punit Balan join league as co-owners of Mumbai franchise

Oppo Reno 8 Pro, Oppo Reno 8+, Oppo Reno 8 India launch likely on July 18 - All you need to know

AAI Recruitment 2022: Last date soon to apply for 400 Junior Executive vacancies; check full details here

Realme GT Neo 3 150W Thor Love and Thunder limited edition coming soon in India - Check details

Maruti Suzuki Brezza 2022: Launch today! Check key highlights; live streaming link here

Stocks to buy today: MTAR Tech, Apollo Tyres, Minda Industries and Bharti Airtel among list of 20 stocks for profitable trade on June 30

Mumbai most expensive Indian city for expatriates; Hong Kong tops globally, reveals Mercer's 2022 Cost of Living survey

Opening Bell: Nifty, Sensex start flat; energy, metal, IT stocks shine

Ratnamani Metals bonus share: Stock jumps 15%, hits 52-week high ahead of record date

  • 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