Property On Yamuna Expressway: A Mega Destination for Affordable Homes

Inaugurated in August 2012, the 165-kilometer-long Yamuna Expressway connects Noida with Agra via Greater Noida, and the areas on both sides of the expressway have emerged as prime residential hot spots in the National Capital Region of Delhi.

The F1 circuit on the Yamuna Expressway by the Jaypee Group has put Noida on the world map. Yamuna Expressway in 2015 will also have India’s only night safari, a film city, an international cricket stadium and other tourist attractions.

With limited land availability in Noida, demand for land for homes and other infrastructure projects along the expressway is growing. Plots in Yamuna Expressway are in great demand as well.

Inaugurated in August 2012, the Yamuna Expressway is 165 km long. (Photo credit: jungle_concrete/Flickr)

Development along Yamuna Expressway

• Work on a gas-based power plant is under progress. Once completed, this will ensure availability of power to the upcoming commercial, residential, industrial, institutional and entertainment zones in the region.

• YEIDA (Yamuna Expressway Industrial Development Authority) plays a vital role in the development of this region, and has come up with their own residential schemes for the middle- and lower-income groups in Sector 22-D.

• The Swedish furniture company, IKEA, is eager to set up its first furniture manufacturing unit in the country on the Yamuna Expressway.

Best in terms of connectivity

In addition to world-class infrastructure, Yamuna Expressway enjoys the strategic advantage of being close to the Delhi-Mumbai Industrial Corridor (DMIC). The proposed corridor is expected to pass through Dadri. Once the project takes off, the region will see development like warehousing and Special Development Zones along both sides of the expressway. Yamuna Expressway is just a short drive from Noida and connects Delhi and rest of the National Capital Region with Agra.

Many well-known real estate developers have launched a slew of affordable residential projects along the Yamuna Expressway. (Photo credit: Wikipedia.org)

Real estate development in Yamuna Expressway

Famous real estate developers like Jaypee Group, Supertech, ATS, Orris Infrastructure, Ajnara Group and Gaursons have launched a slew of affordable residential projects, making property in Yamuna Expressway an attractive option for homebuyers and investors.

Famous Yamuna Expressway projects

• Jaypee Greens Sports City: Built on 1,000 hectares, it is a premium integrated city project. Coupled with sporting activities, the project offers lavish yet thoughtfully designed residences.

• Supertech Fable Castle: It is a part of Golf Country, an integrated township spread over 100 acres in Sector 22D, Yamuna Expressway. The project features Disney-inspired rooms with Disney brand furnishings, home decor products and more.

• ATS Allure: Spread over 8.48 acres, the project offers aesthetically designed units with lavish interiors and ultra-modern amenities.

• Gaur Yamuna City: It is a 300-acre township located near the Formula One track and the upcoming night safari. The project offers residential units, schools, service residences, commercial and social facilities in an integrated unit.

• Ajnara Panorama: Built on a 22-acre plot, the project offers studio apartments called Vice Royale, luxurious villas called London Square and high-rise apartments called Panorama.

Current price trends

Quality residential townships at affordable prices are the biggest attractions this region offers to end-users, as well as investors. You can easily find individual homes and apartments in the price range of Rs. 2,741-4,129 per sq.ft. Residential plots are available at an average price of Rs. 18,852 per sq. yard.

Overview

With a large number of projects at affordable prices, Yamuna Expressway is a lucrative investment destination. The average property rates on Yamuna Expressway are comparatively lower than in Noida and other NCR areas.