Airport ready for flights, property rates go up in Gr Noida

Ever wondered what impact the new airport will have on Greater Noida property? Well, the signs are already here! Ahead of the Noida International Airport's commercial operations starting June 15, the Greater Noida Industrial Development Authority has increased property allotment rates by 3.5% across the board. We're now seeing commercial properties at ₹98,776 per sqm and residential plots in developed sectors at ₹51,363 per sqm. This pre-opening hike clearly signals growing appreciation potential. So, for those eyeing real estate in Noida, is this development good news or bad?