Yamuna Expressway to Transform Real Estate market

Following the real estate growth in Noida, Greater Noida, and Gurgaon, the Yamuna Expressway is emerging as the next major center for development and investment. Known as the Taj Expressway, this 165.5-kilometer, six-lane, access-controlled highway connects Delhi, Noida, Mathura, and Agra, showcasing India’s progress in infrastructure and evolving into a prime location for residential and commercial projects.

The Yamuna Expressway Industrial Development Authority (YEIDA) plans to invest ₹14,000 crore over the next five years to acquire 6,065 hectares of land near the upcoming Noida International Airport. This land is appropriate for developing urban centers, industrial zones, public amenities, and a logistics park, aiming to boost investment opportunities in the region.

Recent initiatives, including the construction of Noida International Airport and the Rapid X Metro, are driving growth across the Agra and Delhi-NCR regions, leading growth in the residential, commercial, and industrial sectors. As the Yamuna Expressway area gains prominence, prospective buyers are presented with favorable property prices.

Sagar Gupta, Sales Director at Trisol RED, highlighted the area’s growing appeal: “The Yamuna Expressway has notably boosted the real estate sector and tourism in the region. It provides a faster route to the Taj Mahal, enhancing its attractiveness as a tourist destination. This increase in tourism is driving demand for luxury housing and generating job opportunities, benefiting local enterprises.

The ongoing development of Noida International Airport has sparked a surge in land demand, leading to rising prices. Reports indicate that land prices, which were between ₹25-28 lakh per hectare three years ago, have now escalated to ₹1.25-1.5 crore per hectare. This sharp rise in land values is expected to attract investors and developers for further infrastructure development. YEIDA’s plans include creating a recreational space modeled after New York’s Central Park to improve residents’ quality of life.

The Buddha International Circuit, a Formula 1 racing venue along the Yamuna Expressway, is also set to enhance tourism, drawing international visitors and boosting the region’s appeal.

Sanchit Bhutani, Managing Director of Group 108, noted, “The region is emerging as a major IT and manufacturing hub, attracting investments from industry leaders. This development will create job opportunities and drive economic growth, further enhancing the real estate market. The upcoming Jewar International Airport is expected to boost demand for both residential and commercial properties.”

With its well-designed infrastructure and excellent connectivity, the Yamuna Expressway presents a compelling option for investment. YEIDA’s initiatives, including a planned 172-acre Film City, are anticipated to further elevate property values and offer significant investment opportunities.

Neeraj Sharma, Managing Director of Escon Infra Realtor, commented, “The Yamuna Expressway has become a key area for real estate development, featuring townships with high-quality amenities and infrastructure. It connects major cities and is one of the busiest routes, making it highly sought after for residential and commercial real estate.”

The expressway’s improved connectivity is beneficial for commuters and the real estate industry alike, fostering growth in upscale residential and commercial developments along the corridor.

Sanjay Sharma, Director at SKA Group, added, “We expect substantial transformation with new shopping districts, residential neighborhoods, and commercial centers driving economic progress and enhancing residents’ lifestyles. YEIDA’s development of smart cities with advanced infrastructure will promote sustainable growth and present prime opportunities for investors.”

With ongoing and upcoming projects, the Yamuna Expressway is about to continue its evolution as a hub of innovation and economic growth and a leading location for real estate development in India.

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