The Indian skyline will be making a huge step ahead with the building of Jewar Airport, which is set to be one of the country’s largest airports. This grand project will transform air travel as well as create an impact of growth across the National Capital Region (NCR).
We’ll look at how Faridabad’s closeness to the airport will result in an increased demand for commercial areas like offices, retail stores, and industrial buildings. Companies, such as those in logistics, tourism, and hospitality, will find Faridabad a popular site due to its excellent connectivity and infrastructure.
This blog is about a much bigger picture. We’ll further highlight Omaxe World Street, a top commercial property in Faridabad. This strategically placed property offers businesses a world-class growing environment, including modern infrastructure, affordable rates, and various facilities. We’ll look at how Omaxe World Street ideally connects with the growing demand for business space pushed by Jewar Airport and how investing here now could bring long-term advantages when the market gets overcrowded.
Overview of the Jewar Airport Project
Jewar Airport, which is being built in Noida, has the potential to transform the whole NCR area. This greenfield project will have numerous terminals, modern facilities, and the capacity to handle millions of people every year.
Key Features of Jewar Airport:
- Multi-modal transport hub with quick access to Delhi and other NCR cities.
- It has cutting-edge freight handling abilities, which make it an important logistics center.
- Focus on longevity and environmentally beneficial procedures.
- Planned to grow into an important international aviation hub.
Economic Impact on NCR Region:
- Increased creation of jobs in a variety of areas, including hospitality, tourism, logistics, and aviation.
- Support for infrastructure development in nearby locations like Faridabad.
- Growth in sectors such as construction, retail, and services.
Faridabad’s Strategic Location of Jewar Airport
Faridabad has a great location, only a short distance from Jewar Airport. Because of its closeness, the city will benefit greatly from the airport’s growth. Faridabad is conveniently located within a 30-40 km radius of Jewar Airport. This makes it a highly accessible location for businesses and travelers needing to reach the airport quickly.
The convenience of travel between Faridabad and the airport:
Several present infrastructural developments guarantee simple access between Faridabad and Jewar Airport:
- Highways & Expressways: The Delhi-Agra National Highway (NH-2), Eastern Peripheral Expressway (EPE), and Faridabad-NOIDA-Ghaziabad Expressway (FNGE) all provide great connectivity.
- Metro Lines: The proposed extension of the Delhi Metro network would enhance the link between Faridabad and Jewar Airport.
Also Read: Legal Considerations When Buying Commercial Property in Faridabad
Faridabad’s Connectivity to Delhi and NCR:
Beyond its proximity to Jewar Airport, Faridabad boasts strong existing connections to Delhi and other NCR cities:
- Existing Infrastructure: A strong network of highways, roads, and railroads connects Faridabad with major NCR cities.
- Future Infrastructure Projects: Ongoing advances, like the Delhi-Meerut Rapid Rail Corridor (RRTS), will help simplify regional transport.
Jewar Airport’s Influence on Infrastructure in Faridabad:
The expansion of Jewar Airport serves as an engine for infrastructure improvements in Faridabad. Local authorities are actively working on:
- New Roads and Bridges: Improving and extending current roadway networks to boost traffic flow and accessibility.
- Enhanced Public Transportation: Investment in public transportation systems to meet the planned rise in passenger traffic.
These infrastructural projects will increase Faridabad’s value to companies and investors who want to cash in on the opportunities provided by Jewar Airport thus moving towards higher levels of commercial investment in Faridabad.
Impact on Faridabad’s Commercial Real Estate
The building of the Jewar Airport is expected to dramatically increase demand for commercial space in Faridabad. As the airport attracts additional companies, guests, and investors, the need for office space, retail stores, and manufacturing facilities will grow.
- Target Industries: Several industries are expected to profit from the growth of Jewar Airport:
- Logistics and storage: The airport’s handling of cargo capabilities will increase the need for logistics and storage spaces to support the movement of commodities.
- Tourism and Hospitality: As passenger traffic grows, the hospitality business is going to see a rise in demand for hotels, restaurants, and other tourist destinations.
- Retail: The rush of tourists and airport staff will encourage retail growth, opening up possibilities for shopping malls, shops, and convenience stores.
The rising need for commercial projects in Faridabad offers a profitable chance for investors. As property values rise because of the airport’s expansion, investors will benefit from capital gains and rental income.
While the value of commercial property in Faridabad is highly low when compared to other major cities in the NCR, they are projected to go high once the airport opens.
Also Read: Experience Convenience at Omaxe World Street Faridabad- Closer to two International Airports
Omaxe World Street as a Prime Commercial Hub
Omaxe World Street is a well-suited commercial property in Faridabad that offers a great investment opportunity. Omaxe World Street, with its innovative design, world-class facilities, and great status, is set to become a full business destination.
Why Omaxe World Street Stands Out:
- Prime Location: Omaxe World Street has an excellent location near Jewar Airport, giving easy access for both businesses and visitors.
- Modern Infrastructure: The project has modern facilities such as suitable parking, high-speed internet access, and smart security systems.
- World-Class Amenities: Omaxe World Street offers a variety of amenities to meet the needs of businesses and their employees, including retail shopping centers, eateries, entertainment venues, and conference spaces.
- Competitive Pricing: Omaxe World Street provides cheap prices for commercial foundations, making it a good investment opportunity.
Omaxe World Street is well-positioned to benefit from the growing demand for business space produced by Jewar Airport. Its strategic position, modern facilities, and cheap pricing make it an appealing choice for businesses seeking a premier location in Faridabad.
The Broader Impact on Businesses and Industries in Faridabad
Logistics and Warehousing:
The building of Jewar Airport would benefit Faridabad’s logistics and storage business. Businesses that deal with supply chain management, transportation, and distribution will find Faridabad appealing due to its proximity to the airport.
Hospitality and Tourism:
The high flow of travelers and airport staff is going to boost demand for hotels, restaurants, and various other hospitality services. Faridabad’s proximity to Jewar Airport creates an ideal location for tourism companies to fulfill the demands of travelers.
Retail Growth:
The increased visits and economic activity created by Jewar Airport will fuel the growth of retail in Faridabad. Shopping malls, shops, and convenience stores are going to benefit from greater consumer spending.
Service Industry Expansion:
The development of Jewar Airport will additionally spur growth in the service sector. Businesses in IT, finance, advice, and health will find Faridabad a promising site due to increasing economic activity and the availability of able labor.
Investment Strategies for Commercial Real Estate in Faridabad
Why Now is the Time to Invest:
The early stages of Jewar Airport’s development offer a unique opportunity for investors to be exposed to commercial property in Faridabad. By investing today, you may profit from significant rises in real estate values as the airport’s impact grows.
Long-term Benefits:
There are multiple long-term benefits of investing in commercial projects in Faridabad, particularly in projects like Omaxe World Street:
- Capital Appreciation: As the airport becomes fully operational and the local economy expands, property prices in Faridabad are likely to rise dramatically.
- Stable Rental Income: Commercial properties can provide a consistent source of revenue from rentals, making them attractive investments for long-term financial security.
- Diversification: Investment in commercial real estate expands your investment portfolio, reducing risk while increasing total profits.
Also Read: 6 Reasons Why Investing in Commercial Projects in Faridabad
Conclusion
The building of Jewar Airport will change Faridabad’s commercial real estate sector. Investors could gain from this massive development by understanding the main causes of growth, finding good investment opportunities, and taking an intelligent strategy.
Omaxe World Street offers a fantastic chance for businesses and investors to make a presence in the expanding economic scene and do commercial investment in Faridabad Omaxe World Street, with its ideal position, modern infrastructure, and world-class facilities, is a fantastic investment.
Don’t miss out on this great chance! Contact Omaxe now to discover more about commercial property in Faridabad and invest in a brighter future in real estate.
