The most definitive official land rate in Jewar is the compensation price set by the state government for acquiring land for the Noida International Airport. For the third and fourth phases of the project, covering 1,857 hectares across 14 villages, the compensation rate has been approved at ₹4,300 per square meter. This rate is notable because it serves as a benchmark for future acquisitions in the region and represents a substantial 40% hike from the previous compensation offered. The decision aims to speed up the acquisition process and ensure fair compensation for landowners.
For individuals and businesses looking to purchase land, the Yamuna Expressway Industrial Development Authority (YEIDA) dictates the official allotment prices. In a major revision effective April 1, 2025, YEIDA has increased these rates across all categories to fund regional infrastructure.
Driven by the airport's development, Jewar's land market has experienced a significant boom. Over the past five years, land prices in the area have surged by over 40%, with experts predicting further growth as the airport becomes operational. This investor enthusiasm is supported by major infrastructure projects, including proposed metro connectivity and the development of a Film City and IT hub. However, this rapid growth has also led to increased risks. Authorities warn of rampant scams and illegal colonies being marketed to investors. Prospective buyers must exercise extreme caution, verify all land records directly with YEIDA, and ensure they only deal with RERA-registered projects to avoid legal and financial troubles.