YEIDA’s residential plot scheme to boost Yamuna Expressway’s potential
The recent announcement by the Yamuna Expressway Industrial Development Authority (YEIDA) to sell around 6,500 plots (6000 smaller plots and 500 bigger plots) in the region will add yet another wing to the region’s growth. These plots will range from the smallest, that is, 30 square metres (sq m), to large and very large residential plots between 200 sq m and 4,000 sq m. The plots will be allotted in three sectors located near the upcoming Noida International Airport at Jewar.
Commenting on the same, Manoj Gaur, President-CREDAI NCR and CMD-Gaurs Group, said, “This will indeed boost Yamuna Expressway’s potential. As the proposed scheme will bring more people to live in the region, it will add a new thrust to the Yamuna Expressway potential. The valuation of properties at Yamuna Expressway has already risen sharply since the announcement of the international airport. In the last two years, the prices have risen by 30-40%, and reputed developers have residential and commercial projects here. Besides, the holistic infrastructure is already in place in the region. This announcement also showcases the state government’s commitment to develop an international city in the region.”
Yamuna Expressway is located between Delhi, Noida, and Greater Noida on one side and Agra, Mathura, and Aligarh on the other. It also offers seamless connectivity to Faridabad and is adjacent to the Eastern Peripheral Expressway. This announcement by YEIDA comes on the heels of its successful residential plots scheme last year. The project is expected to be launched in June-July this year.
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“Yamuna Expressway is turning into a global city. The announcement
