Monday, 12 October 2020

International Airport in Greater Noida owes Greater Connectivity and Boost Commercial Development

 

Residents of Greater Noida are elated with the news that Uttar Pradesh (U.P.) Government has approved Jewar airport in Gautam Buddh Nagar.  

Jewar airport will be Asia's second largest international airport after China's Shanghai International Airport.  The proposed airport will soon come with a new vision to build more modern, comfortable and world-class facility.


Estimated project

The project is being built with an investment of Rs 30,000 crore and it is estimated to have an income of over 1 lakh 10,000 crore rupees.

Contract Awarded

Swiss company Zurich Airport International AG has accoladed the contract for the airport.

Airport Hectares

The airport at Jewar in Greater Noida is about 5000 hectares.

Flight Operates

The Jewar international airport will be India’s largest airport with six runways.  As per the proposal, first phase of the flights from Jewar International Airport will start operating in 2022-23. 

As far as the airports are concerned, the Jewar airport will be third in the National Capital Region (NCR), after the Delhi IGI Airport and the Hindon airport in Ghaziabad.

This airport is foresee to handle over 10 crore passengers by 2050, serving 37 domestic and 31 international destinations.



Main purpose

Largely, the big airlines are facing slot constraints due to a limited number of runways at the Indira Gandhi International Airport [IGI] and now they are envisaged to divert some traffic to the Jewar airport.  

At this moment, IGI airport only has three runways, with adjacency travellers from the region [Western UP] will get help to access the new airport rather than coming all the way to the IGI airport. 

The famous Taj Mahal in Agra, which registers high footstep of foreign tourists, keeping in mind, they can easily take direct international flights from the Jewar airport. 

Pose a problem

The connectivity to the airport may create a problem.  Though, Yamuna Expressway Industrial Development Authority (YEIDA), the implementing agency is intend to build a rapid metro corridor link between Jewar and IGI to shuttle passengers between the two airports. 

After culmination of Jewar airport, it will be among one of the three largest airports in the world, including O'Hare International Airport in Chicago, Daxing International Airport in Beijing, China and Dallas/Fort Worth International Airport in Texas, US. 

In fact, Greater Noida, lies within the National Capital Region of India’s capital - New Delhi and is contiguous to Noida, one of the largest industrial townships in Asia. 

The main gist of planning and formation of this Airport will give a new momentum to the economy.  With this economy driven, the employment and trade will go simultaneously which in the long run woo the investors to come forward with open hands and put their money in his/her best interest.

Keeping in mind the scale and scope of the project, it has been envisioned --- certainly change the flux of the real estate market in the NCR region. Moreover, Government is allowing lands to Ministry of Micro, Small and Medium Enterprise (MSME) to set up their operations.  With this venture, people are expecting to get employment directly and indirectly.

The ambitious project which encompassing advancement of world class airport, steering economy, expansion of trade and employment opportunities, give a sense of feeling to the residents and the traders and they are quite optimistic that it will assuredly change the face of Noida, Greater Noida and the real estate market.    

However according to the experts, things will not certainly change overnight and one can see the full impact most probably in 7-10 years, then it will be more visible and the caution is that ‘dreams turn into reality’ once the airport becomes fully operational.

 


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