After abundant delay, the Yamuna Expressway is finally open for the general public and it guarantees to scale back the travel time from Delhi to Agra dramatically. Developers view it not just as a traffic enabler, however a magnet for real estate growth.
The signal-free one hundred sixty five km expressway can squeeze the distance between Agra and Delhi to around 211 km, reducing the travel time between the Capital and therefore the traveler hotspot to one hundred fifty minutes and a mere ninety minutes from Greater Noida.
The expressway has conjointly brought cheer to the area's developers and property costs in its neighbourhood have touched Rs.30,000 per square yard, because of the mix of infrastructure that measures up to international standards, the spin-offs of the Formula One track, the opening of academic establishments and therefore the expected growth of industries around it.
Opening of the Yamuna Expressway will definitely provides a boost to real estate development in the region and therefore the man who brought F1 to India. Proximity to the F1 track and world’s best infrastructure are the most important draws for the house patrons.
The Jaypee Group, that has developed the expressway, is coming up with 5 integrated townships sprawling across five hundred hectares at 5 locations along the expressway.
And it's not alone. The government has already obtain land and allocate 21000 plots of the expressway to people. The residential property in Greater Noida coming up within the space, beside the schools and universities opening at a fast clip, the areas are not solely more cost-effective than Noida and Gurgaon, however conjointly more provided for.
The opening of the Yamuna Expressway are an extra boost to the Property in Greater Noida and Noida. The region has already emerged as a hub for the real estate market with varied choices attainable from a number of the established developers.
The event has already place the region on the planet map and this may facilitate us lure tourists to the region. The expressway will presently attract industrial and company players as well.
The company has two residential property within the region - Supertech Upcountry, an integrated township unfold across a hundred acres and Supertech Golf Country, another 100-acre township, that includes individual plots, villas and high-rise buildings engineered around a nine-hole golf course.
Almost all the most important players of the region are together coming up with over one lakh residential property in Greater Noida. Besides Jaypee and Supertech, variety of developers are allocated land to develop townships and housing projects on the expressway. These embrace Nimbus, Orris Infrastructure, SDS Infrastructure, 3C Company, Anushria Realtors, Silver Sands Estate, Anova Infracon, Ajnara, Aminiti Builders and lots of others.
Orris has 2 residential property - Green Bay, a golf-course township on a hundred acres and Curio City on two hundred acres - coming up within the area. 3C Company is additionally rolling out with Lotus City on the Yamuna Expressway.
The expressway has suddenly become a property hotspot and therefore the reason is that it's well-planned. Housing development are coming up within the area, however in future variety of government and commercial property will move here. Ajnara India's project referred to as Panorama is close proximity to the Buddh International Circuit.
The Yamuna Expressway project was planned in 2003, however it had been delayed due to changes within the government in Lucknow and 3 major farmers' agitations at Tappal (Aligarh), Bhatta-Parsaul (both in Greater Noida) and Ghodi Bachheda . It's open eventually and therefore the celebrations have simply begun riding on the hope that the most effective is yet to come.