The real estate sector in the National Capital Region (NCR) is growing and areas like Noida, Greater Noida and Gurgaon have emerged as prime destinations for residential, commercial and industrial developments. The area has attracted many investors and homebuyers due to its strategic location, well-established infrastructure and growing demand for urban living and commercial space. However, Yamuna Expressway is one of the areas that is quickly attracting the attention of real estate developers and investors.
As an important corridor connecting Greater Noida and Agra, the 165.5-km-long Yamuna Expressway is becoming the focus of real estate growth. This 6-lane, controlled-access highway connects Delhi, Noida, Mathura and Agra, making it one of the busiest road networks in the region. The highway hosts various developments, both residential and commercial, making it an important corridor for real estate growth.
Additionally, Noida-Greater Noida benefits from rapid growth of residential and commercial projects along the corridor. The region’s increasing connectivity to other parts of the national capital territory through the Delhi-Noida Direct (DND) route, Noida-Greater Noida Expressway and upcoming expressways has further enhanced its appeal. These developments have attracted first-time homebuyers and luxury property seekers to the Yamuna Expressway.
Furthermore, the most important catalyst for the real estate boom along the Yamuna Expressway was the construction of the Noida International Airport at Jewar. The airport will become the largest in Asia and is expected to handle more than 12 million passengers per year upon completion. The airport recently achieved a major milestone with a successful test flight, bringing it one step closer to becoming operational. Once the airport becomes operational, it is expected to drive a significant increase in demand for commercial real estate in the region.
Moreover, Jewar is fast becoming one of the fastest growing real estate micro markets, mainly due to the development of the airport, according to a report by Colliers India, “Infrastructure and Mega Projects – Key Drivers of Urban Sprawl in India”. Land prices in the area have soared by more than 40 per cent in the past five years, underscoring Jewar’s growing potential for long-term commercial expansion, attracting developers and investors eager to tap into the prosperous area.
Another important driver of Yamuna Expressway’s real estate potential is the Rapid X metro corridor connecting Delhi to Greater Noida and Agra. The metro system will reduce travel time and improve mobility and connectivity, especially between the Yamuna Expressway and major urban centers such as Noida, Greater Noida and Delhi. The project will help attract commercial and residential development to the area and provide convenient transportation options for future residents and employees.
With these infrastructural developments taking shape, the Yamuna Expressway area is expected to emerge as one of the most important real estate hotspots in the National Capital Region. By integrating residential, commercial and industrial growth, the area is well positioned to meet the changing lifestyle and business needs of the future.
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