The inauguration of the first phase of the Noida International Airport is set to act as a key trigger for residential growth in Greater Noida, boosting both housing demand and new project launches, says a report by Knight Frank India.

In its latest report titled The Jewar Turning Point, the consultancy said the operationalisation of the airport is expected to increase developer confidence, leading to a steady pipeline of new residential supply across Greater Noida’s micro-markets.

Greater Noida has already been strengthening its position within the NCR housing landscape, backed by the airport project since its foundation stone was laid in November 2021. The region accounted for 28% of total NCR residential launches in 2025, up from 19% in 2021, reflecting a clear rise in developer activity.

In absolute terms, annual residential launches in Greater Noida have more than tripled from 4,415 units in 2021 to around 14,000 units in 2025.

“The upcoming Noida International Airport is set to play a pivotal role in reshaping NCR’s aviation and urban landscape,” said Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India. 

“As the region transitions towards two major airports, it will unlock and channelise new economic growth corridors. Over the next few years, we expect this to significantly enhance regional connectivity and drive more balanced urban expansion,” he added.

Demand remains steady as market matures

Demand trends also point to a stable and maturing residential market. Greater Noida’s share in NCR housing sales has remained steady at around 22–25% in recent years, indicating sustained end-user demand even as the market moves towards a more balanced growth phase. Annual housing sales in the region rose from 10,685 units in 2021 to 12,903 units in 2025.

The report highlights the development of Jewar airport as a structural shift in NCR’s aviation ecosystem, positioning the region towards a multi-airport system. With phased expansion and improved multimodal connectivity, including road networks and regional transit systems, the airport is expected to widen its catchment across south-eastern NCR.

Drawing parallels with global examples, the report noted that new airports can capture a significant share of passenger traffic after stabilisation, underlining the long-term potential of Jewar as a major secondary aviation hub.

Overall, the airport-led development is expected to decentralise air traffic, spur regional growth and create a multi-nodal economic ecosystem in the NCR, with Greater Noida emerging as a key real estate beneficiary.