Yamuna Expressway To Boost Property Prices

By Author: pradeep crc
Total Articles: 9
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With the Yamuna expressway unnerved open to public, investors and real estate players are set to gather benefits. The

Expressway connects, noida, greater noida with Agra, one of the hottest tourist destinations.

The expressway has also brought applaud to the area's developers and property prices in its neighborhood have touched

Rs.30,000 per square yard, its just because of the combination of infrastructure that measures up to global standards, the

spin-offs of the Formula One track, the opening of educational institutions and the expected growth of industries around it.

Jaypee Infratech, promoter of Yamuna Expressway, has the right to develop real estate along the Expressway over 6,175 acres.

Of the total 530 million sq ft developable area, 311 million sq ft is in the National Capital Territory alone. Anticipating

the benefit to commercial and residential establishments in the region, the noida Authority had recently upped the circle

rates. This had led to an increase in property prices by 25-40 per cent.

The Jaypee Group, which has developed the ...
... expressway, is coming up with five integrated townships extensive across 500

hectares at five locations along the expressway.

Wave infratech has also speeded up investment in the area with its mixed use development project, Wave city centre, getting

regulatory approvals. Market analyst say that realty players have always used Noida’s lively infrastructure, such as DND toll

road and Metro rail connectivity, as a planned sales tool.

“The circle rate revised upwards will have a slight impact on new launch prices in Yamuna Expressway. Increase of circle

prices will bring it closer to the market value of properties”. The expressway has suddenly become a realty hotspot and the

reason is that it is well-planned.
After opening of the Yamuna Expressway, realty market in the region is going to witness a boom and the NCR and western UP

belt will become a hot destination for homebuyers and investors. This region will become a hub of Affordable housing and many

home aspirants are likely to shift to this area. Now, the expressway has opened, a hike of 30% in property prices is

expected.

“Opening of the Yamuna Expressway will give a significant boost to the real estate sector. Homebuyers will also benefit from

the world class infrastructure”. The expressway promoter will also develop five integrated townships on 500 hectares each at

Noida, Jaganpur, Mirzapur, Tappal near Aligarh and Kuber near Agra.“This is one of the biggest achievements for the

development of Uttar Pradesh.The Yamuna expressway unnerved open to public, investors and real estate players are set to gather benefits Yamuna Expressway The Expressway connectsYamuna Expressway Noida , noida, greater noida with Agra.