Upcoming FNG Expressway in NCR region fuelling property prices in parts of Faridabad, Noida, Ghaziabad

Property prices soar as FNG Expressway unlocks Noida, Ghaziabad and Faridabad realty growth

The six-lane, 56-km Faridabad-Noida-Ghaziabad (FNG) Expressway, currently under construction, is rapidly fuelling real estate growth in close-by areas, with property prices on sectors along the stretch surging in anticipation of higher demand, property consultants and developers have told Moneycontrol.

Designed to connect three satellite towns around Delhi, the expressway is emerging as a transformative infrastructure project, unlocking growth in residential and commercial property markets. With seamless links to key arterial roads like the Noida-Greater Noida Expressway, NH-9, NH-19, and the proposed metro network, the under-construction expressway may not just ease congestion but also create opportunities for homebuyers and investors, developers have said.

Among the biggest beneficiaries are Noida’s sectors 168, 150, 140, 122 among others, since these are strategically located near the FNG corridor.

Sector 168 and 150: The New Epicentres of Growth

According to data shared by real estate advisors, over the past four years, property prices in Noida’s sector 168 have surged by over 70 percent on improved connectivity, robust end-user demand, and influx of top-tier developers.

Sahil Agarwal, CEO, Nimbus Realty has said that sector 168 in Noida has emerfed as a prime beneficiary of the FNG Expressway, not just as a residential zone but also as a magnet for top corpoarates.

“With proximity to the Noida-Greater Noida Expressway, Noida International Airport, and upcoming metro links, the sector offers unmatched connectivity. Add to that sustainable development, EV infrastructure, and excellent amenities and you have a blueprint for a thriving urban ecosystem. We are confident this sector will continue to be a hotbed for high-quality residential and commercial growth,” he said.

Nimbus Realty is developing a premium housing ‘Nimbus Arista’ project in Sector 168.

Alongside Sector 168, Sector 150 in Noida too is witnessing a surge in interest due to the infrastructure upgrade. Known for luxury housing and green spaces, Noida's Sector 150 has been one of Noida’s most booming housing markets since 2021.

According to research by property consultant ANAROCK, Noida’s Sector 150 - a hub of premium townships - has clocked a robust 139 percent jump in average capital value to Rs 13,600 per sq ft and a 71 percent spike in average monthly rents to Rs 27,300, which is the steepest rise among 14 micro-markets across seven top cities.

Market Momentum 

Sanjeev Arora, Director, 360 Realtors said the FNG Expressway’s impact on real estate extends beyond a single sector, fundamentally improving connectivity across the entire region in Faridabad, Noida and Ghaziabad.

“The FNG expressway will also improve connectivity of Gurugram with Noida and Ghaziabad. This enhanced accessibility is not only attracting new investment but also increasing the value of existing properties. This corridor will unlock immense potential across Noida, Ghaziabad, and Faridabad, making them hotspots for housing, retail, and office spaces. We expect property values to rise further over the next few years as demand surges,” Sanjeev Arora said.

360 Realtors’ Arora said in Faridabad, the ‘Neharpar’ sectors of 66-89 would be the biggest beneficiary of this Rs 900 crore-roadway project. Likewise, in Noida, sec 121, 140, 150 etc. will get a buying boost, he added.

Connectivity Driving Demand

The expressway’s integration with NH-9, NH-19 and Delhi Mumbai Industrial Corridor (DMIC), and the proposed metro network in Noida is expected to reduce travel time drastically - cutting commute between Noida to Faridabad from over an hour to just 30-45 minutes.

This has already led to a spike in rental yields in sectors falling near the FNG corridor, real estate experts have said.

Emphasizing the expressway’s role in enhancing accessibility to key destinations like Jewar Airport, Delhi, and Greater Noida, County Group’s Director, Amit Modi said the urban corridor is expected to propel demand for both residential and commercial properties.

“The FNG Expressway is opening up opportunities for premium housing, commercial hubs, and lifestyle developments that appeal to affluent buyers and institutional investors alike. As the project progresses, it promises to solidify Noida’s position as a premier real estate destination, driven by improved infrastructure, strategic location, and a dynamic market environment,” he said.