The first phase of Noida International Airport was inaugurated on 28 March 2026, following an aerodrome licence grant on 6 March 2026. Commercial operations began on 15 June 2026. The airport is located in the strategic heart of Jewar in Gautam Buddha Nagar district, Uttar Pradesh, and carries the code DXN. The airport will initially have a passenger handling capacity of 12 million passengers per annum, with scalability up to 70 million passengers per annum upon full development.

The inauguration of Delhi-NCR's second airport is expected to boost developer confidence and drive fresh residential supply in Greater Noida, with Greater Noida strengthening its position in the NCR residential market on the back of the airport. Greater Noida accounted for 28 per cent of total NCR residential launches in 2025, up from 19 per cent in 2021. Annual residential launches in Greater Noida rose significantly from 4,415 units in 2021 to 14,000 units in 2025.

In Noida, prices surged 92 percent between Q1 2020 and Q1 2025, while Greater Noida recorded a 98 percent price rise in the same window, all on anticipation before the airport became operational. Market experts now forecast an additional 20 to 30 percent price rise along the Yamuna Expressway corridor in 2026 to 2027, driven by the shift from speculative premium to operational premium. Price outlook remains strong, with plots expected to rise approximately 20%, apartments approximately 25%, and annual appreciation at 12–18%.

The inauguration marks a key inflection point for the Yamuna Expressway corridor, with residential queries up 56% and commercial demand rising 75% shortly after the announcement, with high-impact micro-markets including YEIDA Sectors 18, 20, 22D, 32, Sector 150, Greater Noida West, and Delta–Zeta gaining traction. The emerging ecosystem of aviation-linked industries, logistics parks, data centres, and Film City is accelerating job creation and commercial real estate growth.

Substantial attention is being given to residential areas of Greater Noida, along the Yamuna Expressway, and southern Noida, with developers launching new projects to cater to future demand, as buyers expect these locations to benefit from future commercial and residential expansion. The buyer profile is shifting, with high networth individuals, non-resident Indians, companies and entrepreneurs from Tier-I and Tier-II cities entering the market, with Noida seeing buyers upgrading from South and East Delhi and improved expressway connectivity drawing buyers from across Uttar Pradesh.

Between 2026 and 2030, property prices in Noida are expected to rise continuously, supported by airport operationalisation, limited prime land supply, the Film City employment generator, expanding metro connectivity, and the progressive delivery of the RRTS network. Industry consensus views this airport as the single largest infrastructure catalyst transforming the region into a modern, job-generating economic hub with long-term residential and commercial appeal.