Noida and Greater Noida- The Gateway of NCR’s Recent Development

The Yamuna Expressway Industrial Development Authority (YEIDA) looks after the two main cities under its jurisdiction. These are Noida and Greater Noida. For quite some time now, these regions have seen unstoppable growth momentum, and it’s showing no signs of slowing down. If you are a resident of Delhi or the National Capital Region, you must be aware that the real estate market of North India is currently experiencing its epicentre in the Noida region. 

Unparallel infrastructure, smooth connectivity, robust governance, and a single window clearance for businesses are some of the major reasons for the area’s success. Apart from that, the Real Estate Regulatory Act, 2016 (RERA) and YEIDA both make sure that their development runs with utmost transparency. This boosts investor confidence and allows them to invest in the area with a free mind. 

Today, we’ll have a look at how Noida and Greater Noida are playing a pivotal role in transforming NCR and setting new benchmarks for real estate investments. 

Noida International Airport

The main catalyst for the success of Noida and Greater Noida region is the inception of the Noida International Airport project. 

The airport, one of its kind, is said to host around 220 million passengers annually when fully operational. This will lead to a high influx of traffic in terms of passenger mobility. 

The international airport will also be the largest logistic cargo unit in the country which will make the Noida, Greater Noida belt a hub for logistic transportation. This will in turn give a boost to the local economy of the region, especially the Yamuna Expressway region since it will be the major expressway connecting Delhi to the Noida International Airport. 

This has resulted in RERA-approved plots in Jewar being in great demand. The YEIDA received over 2 lakh applications for 1184 plots allotment near Jewar. The presence of an International Airport will also boost businesses with easy logistics, making the area a hub of future employment. 

Destination next for job seekers

Two decades ago, when the Indira Gandhi International Airport came into inception, Gurugram was at the epicentre of development. The Satellite city, South of Delhi, experienced quick infrastructural growth coupled with tons of Fortune 500 companies investing in the area. This turned out to make Gurugram India’s IT capital only after Bengaluru. 

The Yamuna Expressway region is also witnessing the same surge from top companies that have already invested heavily in the region. Once the developments are complete, Yamuna Expressway Flats will witness soaring demand due to the increased number of people looking for affordable flats for rent. 

Here’s how Yamuna Expressway is looking forward to hosting job seekers in the region:

• Textile Park is giving five lakh jobs on the Yamuna Expressway

• Medical Park will give seven thousand jobs 

• Noida International Airport will create over a lakh jobs

• Data centres hosting Google, Microsoft, and other tech companies will offer jobs to seasoned professionals. 

• Vivo, LG, Dixon, and Samsung are setting up manufacturing units

Given the number of corporate investments pouring in, Gaur Yamuna Expressway Price List is currently quite affordable. However, the region has witnessed around 64% increase in land price in the last five years. And, these prices are tentative and are bound to be revised soon. 

YEIDA’s vision for a smart city

YEIDA has already put together a master plan for 2047 for the region. It understands that for the population to grow in any given region, the civic amenities of the region play an important role. Facilities such as robust connectivity, good educational institutes, lifestyle avenues, and recreational spaces are an integral part. 

In the past few months, many projects have been proposed and passed by the authorities to boost the connectivity of the region. 

Here’s how the region is getting connected to NCR and nearby cities:

• Six-lane Yamuna Expressway easily connects to tourist destinations like Mathura, and Agra. 

• Bus Rapid Transit will connect through different sectors of Greater Noida to the airport. 

• Metro Rail to provide faster and more effective transportation from Delhi, NCR to the International Airport.

• India’s pilot Pod Taxi project to connect the upcoming film city to the airport. 

• Regional Rapid Transit System will provide faster connectivity to Gaziabad from the Airport. 

The government is also doing a great job defining sectors on the Yamuna Expressway for specific purposes. Yamuna Expressway flats that are close to educational, healthcare, and employment sectors will give better appreciation to the ones that are at a given distance. 

Gaur Yamuna Expressway price list is soaring because the township spread across a million square meters on the Expressway is full of civic amenities. The one-of-a-kind integrated township is self-sustained with schools, lifestyle avenues, and high street retail. 

If for people looking for alternates for not receiving RERA-approved plots in Jewar, Gaur Yamuna City is a great choice. It is also the first inhabited township next to Jewar Airport. 

Yamuna Expressway: A Beacon of futuristic development

YEIDA-controlled Yamuna Expressway is home to some of the country’s most prominent infrastructure development. These developments tend to play an important role in enhancing the overall living experience of the residents. This is because areas close to lifestyle and recreational amenities tend to receive high rentals and attract quality tenants. 

Here’s the list of some amazing developments in and around Yamuna Expressway

• Great Noida Olympic City with over 5ooo flats might host the Olympics 2036 if the project is completed on time. 

• Buddh International Racing Circuit, also India’s first that recently hosted the MotoGP Bharat is on Yamuna Expressway. 

• International Cricket Stadium to be built with a capacity of over a lakh spectators. 

• Film City spread across four million square meters is close to Gaur Yamuna City

• One of the largest Golf courses of the country is being built at Yamuna Expressway

Conclusion

Noida and Greater Noida, two major cities in the YEIDA’s control are the gateway for NCR. The commencement of the Noida International Airport is favouring all the infrastructure, and corporate investments in the region. 

The region is going to be redefined to be an employment and residential hub in the next few years. Investing in Yamuna Expressway flats will be a great choice since it can bring stable rental incomes. Besides, the presence of amazing civic amenities like educational institutes, hospitals, and recreational spaces add value to the living experience. 

 

Robust connectivity to NCR and nearby tourist destinations gives an added advantage. YEIDA estimates around four million population in the region in the next few years. This will skyrocket the land rates in the region. Hence, it is a great chance to check the Gaur Yamuna Expressway price list and make a lifetime investment. 

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