Yamuna expressway has spanning around 165 km has reduced the distance between NCR and Agra drastically encouraging real estate development in these areas. This expressway has made travelling between the two a lot easier cutting down the hour to just two unlocking new avenues for growth and development and enhancing the real estate sector in that region.
Yamuna Expressway: A New Development For Trade and Economic Growth.
With this expressway in place trade and movement of people and goods has dramatically increased and made its way easier between industrial places like Noida and Greater Noida which increased creation of more jobs and expansion of businesses in that area. Due to its close vicinity to the Taj Mahal it has also emerged as a tourist hot spot. The service areas on the expressway also provide the required facilities thus making travelling and tourism more easy and prospective.
The Role of YEIDA in Development Along the Corridor
The growth of the region devoted to Yamuna Expressway is made possible largely through Yamuna Expressway Industrial Development Authority (YEIDA). The authority was formed on 2001 and played an important part in the development of infrastructure across the following sectors:
- Industrial Parks: With the establishment of several industrial parks, YEIDA has been able to woo many companies to put up their manufacturing units thus increasing the employment opportunities in the region.
- Smart Cities and Logistics Hubs: The establishment of Smart Cities enriched with enhanced infrastructure along with the formation of logistics hubs by YEIDA has enhanced the region in a sustainable manner.
- Tourism and Residential Development: From the construction of resorts to affordable housing schemes, mixed-use development has been encouraged by YEIDA to meet the need of locals as well as tourists in the area.
The Impacts of Major International Projects in the Region
The transformative effect on the region is likely to be brought by multiple important international assignments:
- Noida International Airport: This upcoming project will connect the region globally increasing more employment opportunities and enhancing the real estate market in the area.
- Noida Film City: This is likely to be the largest film city across the globe and this project will serve to boost the entertainment sector and other commercials.
- Buddha International Circuit: This high profile racing track has already put the region into the world where tourism cannot be ignored along with other economic activities.
Real Estate Investment Opportunities
Investment expansion is to be seen near the areas developed alongside Yamuna Expressway. It does not matter whether residential, industrial or tourism centric real estate investment you’re after, the amount of further development is quite large.
- Residential Projects: Developing affordable housing societies and luxury residential villas are in demand for home buyers along the expressway.
- Commercial and Industrial Investment: Due to the significant strengthening of the expressway network, the region has become particularly appealing to industries searching for expansion, providing a range of investment opportunities for small and large investors.
- Tourism Investments: With the presence of key tourist sites in the surrounding regions, there is an ever increasing demand for investments in hospitality business like hotels and resorts.
Prominent Real Estate Developers Along Yamuna Expressway
Some of the residential, commercial, and mix use projects undertaken by well-known builders such as Gaurs, Supertech and ATS on the backdrop of improvement of this region’s development indexes. All these developers offer a plethora of options suited to every buyer ranging from low-cost homes to luxurious properties.
Job Creation and Employment Opportunities
The development of real estate and related industrial activities along the Yamuna Expressway has not only improved accessibility but also contributed to employment opportunities, which span construction, real estate, hospitality, and logistics. With introduction of newer industries and developments, this region’s employment market is on a firm footing.
Educational Facilities and Amenities
Other Educational institutions such as Gautam Buddha University and Galgotias University have also added to the phase of the region’s development and has helped in driving the community. The region becomes more attractive to its residents and potential investors because of the improvement of social facilities such as schools and hospitals.
Safety of Investment and Identifying the Right Property Consultant
It is said that investing on the banks of Yamuna Expressway is safe since all the developments are under the authority of YEIDA which brings in reliability and minimizes the likelihood of deceitful projects. Severally, the choice of a property consultant as an investor is very important in making various decisions. An advisor that has had hands-on experience in the locality, understands market needs, and has a very good reputation in the area’s market can set you on the right path.
Conclusion: The Baskets of Investment Opportunities
Yamuna Expressway has without a doubt emerged as one of the prospective property corners in India. Regardless if you are buying a home for the first time or considering a home for investment in the area, there are numerous possibilities available in the region that will provide you with the best returns. Constructing Investment strategies is never easy and there is a lot of potential that this growing region has. At Dream Location, we will be offering you assistance from the start of your investment.
To learn more about us and the opportunities we offer, get in touch with Dream Location Developers. You can reach us on our website Dream Location Website, or you can also call us on +91 9311695269.
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