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YAMUNA EXPRESSWAY: EMERGING REAL ESTATE GOLDMINE

Arjunpreet Singh Sahni, Executive Director, Solitaire Group believes Yamuna Expressway, holds tremendous allure for investors.

BY Realty Plus
Published - Monday, 05 Feb, 2024
YAMUNA EXPRESSWAY: EMERGING REAL ESTATE GOLDMINE

Yamuna Expressway, an esteemed real estate location neighbouring the national capital, holds tremendous allure for investors. As most prime locations in Delhi-NCR have reached saturation points, Yamuna Expressway has swiftly emerged as a nucleus of real estate investment growth, offering investors the only viable option to yield high returns on their investments.

Its meticulously planned infrastructure, seamless connectivity to major city hubs, and proximity to the upcoming Jewar international airport make it an attractive choice for both residential and commercial investments. Serving as a vital corridor linking Noida to Agra, the location boasts a multitude of amenities, including shopping centres, schools, and healthcare facilities, making it an ideal destination for families and young professionals alike.

Being a hotspot for real estate development and investment, its emphasis on infrastructure and rapid connectivity has attracted significant attention. Recent advancements such as the forthcoming Noida International Airport, POD taxi service, and Rapid X Metro are poised to transform the region into a premier destination for residential, commercial, and industrial ventures.

Notably, the Yamuna Expressway Industrial Development Authority (YEIDA) has been at the forefront of these initiatives, driving sustainable growth and garnering global investor interest, thus solidifying its position as a symbol of India's progress. The introduction of the upcoming POD taxi service between Jewar and Pari Chowk, along with the planned Rapid X Metro between Sarai Kale Khan and DXN, is set to revolutionize intra-city transportation, providing commuters with efficient and sustainable travel options.

The proposed 172-acre Film City, modeled after the successful Aerocities in Delhi and Hyderabad, is poised to be a game-changer in the entertainment industry. Additionally, plans for a New York Central Park-inspired recreational area underscore the region's commitment to offering a balanced lifestyle to its residents. Furthermore, YEIDA is planning to establish an education hub in the region, including coaching centres, to create a comprehensive education ecosystem alongside engineering, management, and other schools.

Already established as a hub for IT and manufacturing, the region has attracted investments from industry giants such as Microsoft, Samsung, Dixon Technologies, HCL, and Tech Mahindra. Microsoft's announcement of creating 3,000 jobs and investing Rs 1,800 crore in the Noida-Yamuna Expressway belt is a testament to the area's potential as a technology and innovation hub. The proposal for an Olympic City with international standard stadiums and a significant focus on recreational facilities further enhances the region's appeal. Moreover, plans for 8 lakh houses, 1200 acres of commercial space, and 4000 acres of industrial land underscore the scale and diversity of opportunities available in the region.

SWeveral early real estate projects on Yamuna Expressway, such as Gaur Yamuna City and Solitaire City, are experiencing substantial price appreciation, marking the highest rise in NCR. With such lucrative investment potential, several prominent developers are now eyeing the region for their upcoming projects, with Ace Group leading the way as one of the foremost developers in this venture.

Looking ahead, the Yamuna Expressway is poised to continue its upward trajectory, with ambitious projects in the pipeline aimed at further enhancing its status as a hub of innovation and economic activity. As new opportunities unfold and existing plans materialize, the region is set to attract even more attention on the global stage, cementing its position as one of India's most promising growth corridors.

 

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