Jewar Airport is finally bringing in new hope

After ages the news of making of Jewar Airport is finally bringing in new hope of connectivity in UP. It is said that the first founding stone was established in 2001. Major aspect to witness about the airport is that it will be built on 2,200 acres of land. The operations will be commenced in 2023. A good growth in realty segment can be expected and prices too set a new raise after the commencement of project.
 Even from the connectivity aspect, if people from western UP, few states of Rajasthan the Jewar airport would be highly beneficial to get connected with other cities. Even the people owning a land near Jewar airport are seeing the difference with the increase of price rates too. It is expected that the spurt of Air-traffic would be phenomenal and the city could get a new hope built in for majority of tourists. The fund of 1,260 cr is approved for acquisition of land. This proposed airport is second after the Indira Gandhi International Airport. In order to develop the airport there are more than private bidders who shown up their interest. Some of the big names are Adani, Reliance and GMR. Officially the bids will be open from November 6, 2019.
The nearby areas surrounding to the proposed airport will earn big time returns. Earlier till 2015 the property rates 4-5 lakhs per bigha but at present times the land at nearby villages has shot up to 25 lakhs. More the developments on the airport more are the rates that will be shot up higher. Even the making of airport there would be millions of job opportunities that would be surfaced up. By 2050 the airport would have a capacity of handle around over 10 crore passengers. The project will be developed in phases and in the functional stage the airport will handle around 60 lakh passengers.