In a major step forward for the proposed Airport in Jewar, Greater Noida the Ministry of Defense has issued a no – objection certificate for the project. The airport id developed, would be the second airport in the National Capital Region. The airport has been in the proposal stage for a long period of time now.
Recently, the local MP and former Civil Aviation Minister Mahesh Sharma had called for expediting the project. The airport is being seen as a major driver of real estate trends in the Greater Noida region and Yamuna Expressway as it would boost connectivity not only with other parts of the country but also the World.
The central government has reportedly sanctioned INR 12000 crore for the said airport. It is also expected to be a direct beneficiary of the regional connectivity scheme (RCS) of the government which aims to bolster air connectivity in the country. The upcoming elections in the State is going to be a strong motivator for government authorities to put the development of the airport on fast track.
The main airport in the region, The Indira Gandhi International Airport is less than 150 kms away from the proposed Airport. Critiques say that it is too close to an existing airport and airports are usually not allowed to be set up with such close vicinity to each other. But supporters of the project say that the Airport is already getting saturated with high traffic volumes and the new airport would relieve some pressure off it. Adding to the tussle is Bhiwadi in Rajasthan which too has laid claim to set up the second airport for NCR region.
A state of the art Airport to be spread on around 2000 acres of land would go a long way in developing the region which is already seeing a good buyer interest.
