Property prospects of Yamuna Expressway are promising. We take you through the developing zone along the 165 km-long stretch and understand how real estate market is moving here
The Yamuna Expressway, the rapid transit corridor between Delhi and Agra, become operational in 2012 and has evolved as one of the most vibrant real estate destinations.
The area along the expressway is witnessing a lot of urban development that is being carried out by the Yamuna Expressway Industrial Development Authority.
The property prospects of land area along the Yamuna Expressway region are considered favourable even now when the real estate market in other places shows sluggish growth. The area has seen new property project launches in the last two to three years. A number of new proposal have already been approved and large pool of developers and investors are moving towards this emerging city to take this opportunity to bring new setups in commercial, residential, industrial and institutional sectors.
The land parcels along the expressway begin from Noida-Greater Noida to Agra. The large-scale development, fast connectivity and forthcoming world-class projects in the area promise better scope for future growth.
The YEIDA has several development plans in the pipeline to bring a new city along the Yamuna Expressway. To promote special development zones for IT industry, sports, institutions and recreations- the authority has planned a ribbon development along the entire stretch.
Location Overview: The Yamuna Expressway or popularly called as Taj Expressway is a six-lane, 165-km long expressway came into limelight when it became operational in 2012. The expressway provides connectivity between the various satellite towns of the National Capital Region like Noida, Greater Noida, Ghaziabad, Meerut and Faridabad, Aligarh, Mathura and Agra.
Social infrastructure: The YEIDA has allotted more than 2.30 lakh hectares (Greater Noida to Agra) for the notified development to take place. The development is being triggered by its infrastructure plans. The area is well-mapped with hospitals and some of the educational institutions like Gautam Buddha University (521 acre), Noida International University, Galgotia University and Sharda University. The YEA has also proposed six international universities and 10 engineering colleges in the vicinity. The development of world famous Formula 01 motor racing track, now called as Buddha International Circuit, has given international fame to the area. The constriction of Jaypee Sports City and Night Safari are further expected to enhance the property value in this area.
- Projects: The project line-up in the locality are as follows:
- Supertech Golf Country Villas: Sector-22 D, Yamuna Expressway
- Imperia Mirage home: JP Sports City, Yamuna Expressway
- Lotus Greens: Sector 22 A, Yamuna Expressway
- Supertech Fable Castle: Sector 22D, Yamuna Expressway
- Supertech UpCountry: Yamuna Expressway
- Supertech Golf Village: 17B, Yamuna Expressway
- Supertech Golf Suites: Sector 22 D, Yamuna Expressway
- Earth Studio: Plot No. 6, Tech Zone, Yamuna Expressway
Price Trends: Most properties are in the range of Rs 2,600-Rs 4,000 per square feet.
Appreciation: As the price trends indicate, the residential property has witnessed 30-40% upswing on an average.
Area in Demand: Yamuna Expressway has retained its uppermost position in the list of some preferred localities of NCR region.
“Proximity to leading IT companies, well-built social and physical infrastructure, and excellent connectivity has helped the area evolve as a secured option for real estate investment. It is well connected to Delhi, Greater Noida and other NCR regions, FNG expressway and to international tourist destination like Agra,” says Dhiraj Jain, director, Mahagun Group.