5 Reasons That Make Noida's Yamuna Expressway A Real Estate Hotspot
The six-lane, 165-kilometres long Yamuna Expressway has played a vital role in in eliminating connectivity issues and providing direct access from Delhi to Agra. Segregated into three phases, the expressway is an upcoming real estate destination. Of all the three phases, the Phase I or the stretch falling in Greater Noida, in particular, has been the key focus among many prestigious real estate developers. A gamut of upcoming commercial, institutional, mixed-land use as well as residential properties, including affordable flats in Yamuna Expressway are making this area a realty hotspot. An analysis by PropGuide elaborates five factors that have influenced the rise of real estate in Yamuna Expressway.
Constructed in 2012 by the renowned Jaypee Group, the expressway forms a crucial part of a group of the towns in the National Capital Region including Noida, Greater Noida, Faridabad, Khurja, Dadri, Aligarh, Mathura and Agra. Equipped with world-class features including robust safety and accident assistance, mobile radars, etc, the expressway route is expected to drastically minimise commuting time from Greater Noida to Agra from 4 hours to just 100 minutes.
Seamless transport network
Implementation of Metro services, from Pari Chowk till Yamuna Expressway Sector 18 and 20, has been proposed by the Yamuna Expressway Industrial Development Authority (YEIDA). Moreover, one can easily reach the nearest international airport i.e. Indira Gandhi International Airport in Gurgaon.
Industrial hub and major landmarks
In addition to the launch of luxury projects in Yamuna Expressway, the region is bustling with dynamic economic activities. Several reputed IT organisations including Genpact, Cognizant Technology Solutions, as well as commercial complexes such as the landmark WTC (World Trade Center) have set up their base here. Presence of key industries further promotes investment opportunities in this suburban locality. Formula One (F1) Grand Prix at Buddh International Circuit is yet another attractive feature of the Yamuna Expressway.
Attractive property pricing
Apartments in Yamuna Expressway have an average BSP (Basic Selling Price) of Rs 3,131 per sq ft. In spite of an increase in prices by 2.7 per cent, the housing market in the suburb is a desired destination among seekers of contemporary living.
Supertech Golf Village: A vast 30-acre Golf-themed residential property located at Sector 22D, Golf Village is a premium residential property, offering 1, 2 and 3BHK apartments of sizes varying between 480 sq ft to 1,440 sq ft. It is an ambitious development venture by Supertech Group which is currently under construction.
Jaypee Greens Yamuna Vihar: An eco-friendly residential project, extending over 35 acres of area at Sector 22D, Jaypee Greens presents 446 residential plots of sizes between 1,500 sq ft to 3,767 sq ft.
Gaursons Gaur Yamuna City: The residential complex is nestled at Sector 19 which comprises 2,500 units of 1, 2 and 3BHK homes of sizes varying between 480 sq ft to 1,475 sq ft.