Hindon Airport Expansion: A Catalyst for Growth in NCR’s Real Estate

The sun rose in Hindon Airport, creating long shadows over the tarmac. The first takeoff of the day was taxiing towards the runway, engines humming. Business travellers, families, and tourists were waiting for boarding at the terminal. The Airport was pulsating with activity, but not for long.

With saturation looming large over the Airport, the Airport Authority of India (AAI) has initiated the expansion of Hindon Airport. The reason? It is nearing saturation. Currently, the Airport serves about 600 passengers daily, against a maximum capacity of 700-800. New routes are being added- Bhubaneshwar next flights are presently fully booked to the brim, with Kolkata, Chennai, Goa, Bengaluru, Mumbai, and Jammu running at an 80-90 per cent occupancy rate.

It is not only about flying; it's about opportunities.

Bottlenecks for the Airport- Explained with Opportunities

Under quite peculiar conditions, one finds Hindon Airport. It shares its runway with the Indian Air Force; civilian traffic is restricted to daylight hours. No red-eyes and no arrivals permitted throughout the night. Under these constraints, however, demand is skyrocketing.

Umesh Yadav, the director of the civil Airport, says expansion is inevitable. "We expect to reach saturation soon. The plan is to double the capacity." The runway is not a bottleneck; that is the terminal. More space is needed for passengers, security checks, and baggage belts. The AAI is working on this with the IAF and local authorities.

Meanwhile, Ghaziabad MP Atul Garg is lobbying for more connectivity in Varanasi, Ayodhya, Prayagraj, and Lucknow. These routes would bring Uttar Pradesh into the purview of pilgrimage sites and business and political centres.

And that is when the developers will follow.

The Ripple Effect: How Expansion at Hindon is Driving Real-Estate Demand

Individuals and economies are moved by airports, not just traffic.

You see it every day in any major city—Delhi, Mumbai, Bangalore, and so on: the air traffic multiplying creates the demand for hotels and offices, retail spaces, and housing. Hindon will set off a similar ripple in Ghaziabad and Greater Noida.

1. Commercial Development Boom Closer to the Airport

Airports serve as key catalysts for the development of businesses. Corporate offices, logistics hubs, and hospitality ventures thrive and sprout at places blessed with the strongest connections.

The Gaur Aero Mall (0 km from Hindon Airport)in Ghaziabad will be at the centre of this development boom. Other-than-retail shops, food courts, a multiplex (Wave Cinemas), and Haldiram's are on board and planned for the staying community and travellers.

Gaur Aerocity in Greater Noida holds SCO plots, i.e., Shop cum Office, along Yamuna Expressway, meant for businesses looking to ride on the future growth of Noida International Airport.

2. Demand Avalanche for Residential Space

As flying increases, so does the demand for jobs for pilots, cabin crew, ground staff, air security workers, and retail employees. Housing demand at Hindon is bound to be high with a surge of workforce and traffic.

There are many options for living spaces provided by Gaur Airocity to meet this increasing demand:

• Passport studios: A modern and comforting space especially made for those business travelers who constantly have to travel for work, a perfect blend of ease and luxury, includes all essentials.

• Gaur Aero Heights: Affordable residences for those who want to live without compromising on quality. Homes equipped with contemporary amenities, which should give you low-budget yet classy living.

• Gaur Airocity Residential Plots: Enormous pieces of land available for residential plots of various sizes, offering flexibility and choice to both investors and home buyers.

These residential options would thrive in demand as increased numbers of people flock to the area either for their livelihood or pleasure, hence making Gaur Airocity one of the best cities to live in and invest in.

3. Infrastructure Upgrades

The February 2024 airport advisory committee meeting highlighted key needs:

• Traffic management on Wazirabad Road

• Last-mile connectivity enhancement (auto, metro feeder)

• Signage and access improvements

These upgrades will further contribute to property value appreciation within the vicinity.

The Delhi-Meerut RRTS will reduce travel time between Ghaziabad and Delhi, making it a better place to live. The Delhi-Meerut RRTS is expected to be implemented fully by June 2025.

What is in store for Hindon in the Future?

That is just the tip of the iceberg.

• Night flights? By putting in hours with the IAF operation, the passenger load capacity can become twice what it is overnight.

• International routes? Very soon, obviously.

• Multi-modal hub? With RRTS and metro integration, Hindon should become a seamless transit point.

For now, the clear message reads: Ghaziabad reigns. Those investing early in Gaur Aero Mall, Gaur Airocity, or nearby residential projects will reap the rewards first.

So what does this mean for you?

• Investors: Well, it doesn't need to be said that the commercial properties near Hindon Airport offer great returns. 

• Business Owners: Agreed, and setting up shop here in Gaur Aero Mall gives one immediate access to travellers.

• Homeowners: An advantage of a growing airport is improved connectivity and appreciation of the asset. Wheels are in motion. Flights are increasing. The question is—will you be on board?

(Explore investment opportunities in Gaur Aero Mall and Gaur Airocity today with Realty Assistant Pvt. Ltd.)

FAQs:

Q. What will be the effect of Hindon Airport's expansion on property prices in the area?

A. The expansion will increase demand for both commercial and residential properties, thus possibly appreciating property values in Ghaziabad and Greater Noida.

Q. Which areas near Hindon Airport are seeing real estate development?

A. Gaur Aerocity and Gaur Aero Mall are prime locations for real estate investments, with booming residential and commercial developments due to the airport's expansion.

Q. What types of real estate are in demand near Hindon Airport?

A. The demand is for affordable housing, luxury apartments, and commercial spaces such as office complexes and retail outlets catering to travelers and the increasing workforce.

Q. Will upgrades to infrastructure enhance local real estate?

A. Upgrades, such as improved traffic management, metro connectivity, and the Delhi-Meerut RRTS, will certainly open the area more. An area that is more accessible will mean a greater demand for properties and higher prices.

Q. What are the investment prospects of real estate development near Hindon Airport?

A. Investment in real estate near Hindon Airport is expected to give good returns as the area develops with night flight operations, international flights, and multi-modal connectivity expected in the near future.