It was only 5 years ago when the new destination in the real estate – Yamuna Expressway – came into existence in 2012 and expanded the National Capital Region (NCR) whilst welcoming various economic developments. Today, the demand for the properties at the very location is at the peak. Yamuna Expressway has surely opened the doors for the investors to invest in the projects proposed by the developers giving them valid reasons to do so. The expressway was developed in order to cut down the travelling time between Delhi and Agra. Successfully accomplishing its agenda, the 166 k.m, 6-lane expressway has turned out to be the largest motorway in India.
If you too are an investor and looking forward to investing in the Indian realty market then here are top reasons why you must consider Yamuna Expressway as one of the hot destinations in India for investment.
- Pronounced Connectivities
Intelligent Transport System is the biggest thing that has happened to the Yamuna Expressway. Apart from Delhi-Agra connectivity, the expressway that is connected to Noida –Greater Noida Expressway at one end and Agra Ring Road at the other end, will also be connecting Haryana and Uttar Pradesh by expanding its veins to Gurgaon, Manesar, Rohtak and Sonipat, Ghaziabad, Hapur, and Meerut. Few other cities like Kanpur, Gwalior, and Lucknow are also in the plan.
Yamuna Expressway has already taken nods from the YE (Yamuna Expressway) Authority for metro rail project at Pari Chowk, Sector 18 and 20 in Greater Noida. Aqua line, connecting Noida at sector 71 to Greater Noida at Pari Chowk, has passed the test-run and is ready to run on the track since April 2018.
Next, the location will soon have a well-planned transport hub providing various mode of transports such as inter-State Bus Terminus, Railway Station, and Jewar Airport.
The infrastructure of the YE has been evolving ever since its inception. This gives the investors great reason to buy properties in Yamuna Expressway. Its strategic development along the Gautam Buddha University has made it a perfect spot for residential settlement purpose. One can expect ample supply of water and power here thanks to the independent Yamuna Power Corp. Ltd. Power Plant. And of course, the expanding IT sector and manufacturing industries are the plus points for the potential investors.
- Housing for All Scheme
YE is one of the selected destinations for the “Affordable Housing” projects. Around 40% of the total affordable housing units will carry 2BHK homes, while 33% of the units will have 3BHK homes. Only 18% of the units are 1BHK that may cost somewhere between INR 2,000- 3,000 per sq. ft., whereas 2BHK units may cost in the range of INR 3,000-3,500 per sq. ft.
A drastic residential shift is expected in this region due to Affordable Housing. Taking it from the point of view of an investor, capital appreciation is assured in this area due to the launches of small homes that are to be purchased by working-class buyers. Thus, investment in this area is most likely to be prolific.
- High-End Development Plan
The Delhi-Mumbai Industrial Corridor running through Dadri is yet another proposal for the development of Yamuna Expressway. This gives an ounce to the Special Development Zone sited at the bank of the expressway taking the warehousing facilities along. Some of the other social and entertaining amenities along the Yamuna Expressway include – Jaypee Sports City, Night Safari project, and Buddh International Formula 1 Circuit.
Growth prospects along the Yamuna Expressway are being calculated amidst the developers and investors and thus, the cash flow towards the opportunities sprouting by the expressway is on the go.