Jewar Airport Brightens Real Estate Prospects of Sector 150, Noida

The upcoming International Airport at Jewar is set to become a game changer for real estate projects coming up along the way. Precisely, Sector-150 located in close proximity to this Airport, has fast become the hotbed of real estate developments. An international airport located at just half-an hour distance has raised the profile of Sector-150, Noida, and it will further see multiplier effect on employment generation, corporate and leisure travel opportunities leading to a spurt in real estate activities. Ajay Chaudhary, Chairman and Managing Director, Ace Group said, “Jewar Airport has also boosted the real estate market of Sector 152 which has already witnessed steep price appreciation of almost 20% (Y-o-Y) in the last couple of years. Ace Group has launched its much-desired and keenly awaited residential project ‘Ace Starlit’ at sector 152, Noida Expressway. The sublime residential project ‘Ace Starlit’ is a luxurious offering by the company at competitive pricing. The project with double-height grand entrance lobbies boasts of all the world-class features and amenities including best-in-class clubhouse and a mega retail hub, among others. Moreover, Sector 150, touted as the greenest residential hotspot in NCR, Sector 150 has started witnessing increased footfalls of customers looking to have their dream homes at this residential heaven after the inauguration of the Jewar International Airport. Another reason why Sector 150, Noida, has been the perfect residential location, is such that 80% of the area is reserved for greenery. Moreover, it’s situated at the confluence of two major rivers: Yamuna and Hindan—which altogether promise ample biodiversity and scenic beauty. Availability of quality housing options amidst the lush greenery and fast-track international connectivity have added a series of feathers in the popularity of Sector- 150, Noida as the much-desired residential heaven of NCR and the investors is going to reap rich rewards. Apart from the Jewar airport, the other infrastructure initiatives in the nearby areas like industrial corridors, IT parks, film city which are underway are expected to further drive the real estate market in this greenest residential heaven. In addition, the Jewar Airport is all set to augment the multimodal logistics hub between Jewar and Greater Noida, which will create job opportunities and further fuel the demand for affordable housing in the region.