+
Noida Airport expects 58% traffic surge
AVIATION & AIRPORTS

Noida Airport expects 58% traffic surge

Buoyed by a recovery in air traffic, it was reported that the upcoming Noida International Airport at Jewar had revised its forecast for expected traffic. In 2019, the airport operator had initially expected 4.1 million passengers in the first year. However, according to its latest forecast, they were now anticipating 6.5 million footfalls. The airport, currently under construction by Tata Projects and owned by Zurich Airport, was expected to become operational by 2024. Christoph Schnellmann, the CEO of Noida Airport, explained, "We anticipate improved traffic compared to our initial projections, thanks to the rapid recovery of Indian air traffic and the substantial aircraft orders placed by Indian airlines.?. The recovery in Indian domestic air traffic had been one of the quickest globally. Airbus's 20-year forecast, released in June 2023, predicted that as many as 685 million people were expected to fly in India by 2042, a significant increase from the 165 million in 2019. This would make India the third-largest civil aviation market in the world, following China and the United States, and also one of the fastest-growing markets. According to a Barclays report from June, Indian carriers were responsible for nearly 7% of the industry's backlog of orders, making them the second-largest in the world after the US. The ambitious forecasts projected that the airport would handle 12 million passengers within the first three full years of operation. Initially, the airport would feature a single runway and 28 aircraft stands, with the goal of serving 12 million passengers by the end of its first phase. The runway was planned to be 3,900 meters long, capable of accommodating 28 aircraft at once. The passenger terminal was expected to cover an area of 100,000 square metres. Upon reaching the milestone of 12 million passengers, the next phase of expansion would be initiated, with the ultimate aim being to handle 70 million passengers annually.

Buoyed by a recovery in air traffic, it was reported that the upcoming Noida International Airport at Jewar had revised its forecast for expected traffic. In 2019, the airport operator had initially expected 4.1 million passengers in the first year. However, according to its latest forecast, they were now anticipating 6.5 million footfalls. The airport, currently under construction by Tata Projects and owned by Zurich Airport, was expected to become operational by 2024. Christoph Schnellmann, the CEO of Noida Airport, explained, We anticipate improved traffic compared to our initial projections, thanks to the rapid recovery of Indian air traffic and the substantial aircraft orders placed by Indian airlines.?. The recovery in Indian domestic air traffic had been one of the quickest globally. Airbus's 20-year forecast, released in June 2023, predicted that as many as 685 million people were expected to fly in India by 2042, a significant increase from the 165 million in 2019. This would make India the third-largest civil aviation market in the world, following China and the United States, and also one of the fastest-growing markets. According to a Barclays report from June, Indian carriers were responsible for nearly 7% of the industry's backlog of orders, making them the second-largest in the world after the US. The ambitious forecasts projected that the airport would handle 12 million passengers within the first three full years of operation. Initially, the airport would feature a single runway and 28 aircraft stands, with the goal of serving 12 million passengers by the end of its first phase. The runway was planned to be 3,900 meters long, capable of accommodating 28 aircraft at once. The passenger terminal was expected to cover an area of 100,000 square metres. Upon reaching the milestone of 12 million passengers, the next phase of expansion would be initiated, with the ultimate aim being to handle 70 million passengers annually.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?