Is It Good To Invest In Yamuna Expressway Authority Plots?

The Yamuna Expressway area of Delhi-NCR is one of the region's most popular real estate markets, offering many housing options and investment opportunities. From Greater NOIDA, the Yamuna Expressway extends 165 kilometers to Agra, passing through Aligarh and Mathura. It has attracted the interest of several major developers. The demand for Yamuna Authority plots has also skyrocketed since the jewar airport and the film city was announced.

Several investors invest in residential and commercial properties near Jewar Airport and Yamuna Expressway. Several investors are buying plots that Yamuna Authority has allocated. Before looking for a plot, one may ask about the future of Yamuna Expressway Authority plots or why it is necessary to invest near the Yamuna Expressway.

Therefore, here is a brief overview of Plots in Yamuna Expressway and why you should invest in this area.

Advantages Of Transportation

• Yamuna Expressway connects NOIDA-Greater NOIDA Expressway with Agra Ring Road.

• Several projects are currently underway or have received approval, such as the NOIDA City Center to Sector 62 and the NOIDA City Center to Greater NOIDA metro lines.

• The NOIDA Transportation Hub will have several transportation options, such as an interstate bus terminal and a railway station.

• An international airport is expected to generate jobs and stimulate economic development by attracting foreign investment.

• It is located close to a planned logistics center, allowing easy flow of goods and raw materials, and encouraging investment in manufacturing.

• Gwalior, Lucknow, and Kanpur are accessible in a shorter time frame.

Advantage of Infrastructure

• Both NOIDA Cricket Stadium (or Tehra Cricket Stadium), which seats 25,000 people, and Buddh International Circuit (F1 Track) are already operational in Sector 21A. Other residential developments include Gaur Yamuna City and Ajnara Panorama, which are privately financed.

• According to the city plan, YEIDA City spans a total area of 24,739 hectares. About 26% of this will be used for industrial purposes and the remaining 19% for residential uses. The city's green spaces are estimated to cover 5,148 hectares, or 22%.

• YEIDA covers a total area of 2,688 square kilometers. Sector 29 is to be home to an MSME park, a clothing park, and a handicraft park. A toy park has been proposed for Sector 33.

• There are three planned hotels: a three-star hotel (2.5 acres), a four-star hotel (5 acres), and a five-star hotel (10 acres).

• The YEIDA Foundation has established three community health centers and a girls' intercollege; the Gaursons Group is building India's tallest statue of Lord Krishna and a large temple in Gaur Yamuna City.

Future developments

• It is planned that the Tappal-Bajna Urban Center will consist of mixed land uses, establishing a logistics and warehousing cluster. It is expected to be located along the Yamuna Expressway between (and near) the small hamlets of Tappal and Bajna.

• As part of the proposed Delhi-Mumbai Industrial Corridor, Dadri will be able to build both storage and logistics facilities and Special Development Zones.

• YEIDA has also proposed a budget of approximately Rs 15 crores for establishing a center for information technology.

• Uttar Pradesh has approved plans to construct a film city in sector-21 of Gautam Buddh Nagar, near the Yamuna Expressway.

• Several projects are currently in development. There are two metro lines in NOIDA City Center, one connecting Sector 62 to NOIDA City Center and the other connecting Greater NOIDA to NOIDA City Center.

The current status of the project

• Sectors 17A, 26A, and 26B have been developed, and the city is currently implementing the following projects:

• Sectors 18, 20, and 22D are slated for residential development.

• Sectors 13 (mainly residential) and 24 are undergoing development with mixed-use.

• Sectors 32 and 33 are experiencing industrial growth.

• The 22E sector is developing its institutions.

• Housing for affordable people will be built in Sector-22D.

The proposed development of Kisan Kota Plots in Yamuna Expressway in Sector-22D includes two 33-kV substations. Moreover, Jaypee Group (JPSI) is developing residential and commercial areas in Sectors 19 and 22 and a sports complex in Sectors 25 and 26.

Currently, the government is engaged in acquiring land directly from farmers to develop adequate infrastructure. In addition, it has started a land pooling program. According to the new regulations, the government will return farmer land after it is developed for industrial, commercial, and residential purposes or to be sold.

Several private developers have entered the market, offering a modern lifestyle in a variety of integrated townships with high-rise apartments, luxurious villas, and commercial buildings.

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