· Connectivity to the upcoming Jewar Airport to reduce to just 20 minutes
The forthcoming Faridabad Jewar Expressway, an ambitious infrastructural project set to significantly enhance connectivity in the Delhi NCR region, is expected to drive substantial growth in the real estate market, particularly to the Growth Distric Faridabad township. This new expressway, slated for completion by June 2025, promises to revolutionize travel between Ballabgarh and Jewar Airport, cutting the journey time from the current two hours to just 20 minutes.
The expressway will not only streamline travel but also serve as a catalyst for rapid development in the surrounding areas. The expressway route will pass through 12 villages in this area and connect to the Noida International Airport. Once the Faridabad-Jewar Expressway is up and running, real estate values in these villages and regions it passes through could increase by 30 to 40%!
As it winds close to Sector 114 in Faridabad, the expressway is anticipated to invigorate the local real estate market, particularly within the Growth District Faridabad. This area, already earmarked for a dynamic blend of residential, commercial, and office spaces, stands to benefit enormously from the increased accessibility and infrastructural upgrades.
Mr. Balendra Pratap Singh, Founding partner at NEWDOOR Real estate consultant said ‘The Growth District Faridabad is envisioned as a thriving urban hub, integrating a range of developments that cater to diverse needs. The expressway’s proximity is likely to make this Growth District a hotspot for investment, attracting both residential buyers and commercial enterprises eager to capitalize on the enhanced connectivity and elevated property values. With the expressway reducing travel times and bolstering accessibility to the new Jewar Airport, the region’s strategic importance will be further amplified, making it an attractive destination for developers and investors alike.”
As per Mr. Shailesh Kumar Gupta, NCR based Real estate expert, we predict a significant spike in investment and real estate activity around Growth District Faridabad, driven by the expressway’s imminent completion. The Faridabad Jewar Expressway is set to be a game-changer for Growth District Faridabad, igniting a surge in development and investment that will redefine the area’s economic landscape. This creates an opportune moment for investors to pick this project and make their future secured.