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Beyond Connectivity: How Yamuna Expressway Is Transforming Into An Upcoming Real Estate Hotspot | India News

by author
December 19, 2024
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Beyond Connectivity: How Yamuna Expressway Is Transforming Into An Upcoming Real Estate Hotspot | India News
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The real estate sector in the National Capital Region (NCR) is growing, with areas like Noida, Greater Noida, and Gurgaon turning into major destinations for residential, commercial, and industrial developments. This region has attracted many investors and homebuyers for its strategic location, improved infrastructure, and growing demand for city living and business spaces. However, the Yamuna Expressway is one area that is rapidly catching the eye of real estate developers and investors alike.

Serving as a vital corridor connecting Greater Noida to Agra, the 165.5 km long Yamuna Expressway is becoming a focal point of real estate growth. The 6-lane, access-controlled highway connects Delhi, Noida, Mathura, and Agra, making it one of the busiest road networks in the region. The expressway boasts various developments, including a mix of residential and commercial projects, positioning it as a vital corridor for real estate growth.

Besides, Noida-Greater Noida has benefited from the rapidly growing residential and commercial projects along the corridor. The area’s growing connectivity with the rest of NCR via the Delhi-Noida-Direct (DND) flyway, Noida-Greater Noida Expressway, and the upcoming has further strengthened its appeal. These developments have brought both first-time homebuyers and luxury property seekers to Yamuna Expressway.

Moreover, the most significant catalyst for the real estate boom along the Yamuna Expressway is the construction of the Noida International Airport, located at Jewar. It is set to be Asia’s largest airport, and upon its completion, it is expected to handle more than 12 million passengers annually. The airport recently achieved a significant milestone with a successful test flight, bringing it closer to becoming operational. Once up and running, the airport is expected to drive a substantial increase in demand for commercial real estate in the area.

Furthermore, according to a Colliers India report, “Infrastructure & Mega Projects – The Key Enablers of Urban Expansion in India”, Jewar is rapidly emerging as one of the fastest-growing real estate micro-markets, primarily due to the airport’s development. Over the past five years, land prices in the region have surged by more than 40%, highlighting Jewar’s growing potential for long-term commercial expansion, which is attracting developers and investors eager to tap into this thriving region.

Another significant boost to the 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 times and improve mobility and connectivity, particularly between the Yamuna Expressway and key urban centres like Noida, Greater Noida, and Delhi. This project will be instrumental in attracting businesses and residential developments to the region, providing convenient transportation options for future residents and employees.

As these infrastructure developments take shape, the Yamuna Expressway region is on track to become one of the NCR’s most important real estate hotspots. By integrating residential, commercial, and industrial growth, the region is positioned to meet the future’s evolving lifestyle and business needs.

Explore the future of luxury living with Escon Infra Realtors.

 

 

 

(This article is part of IndiaDotCom Pvt Lt’s consumer connect initiative, a paid publication programme. IDPL claims no editorial involvement and assumes no responsibility or liability for any errors or omissions in the content of the article.)



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