In the wake of the substantial real estate surge in Noida, Greater Noida, and Gurgaon, the Yamuna Expressway is positioning itself as the next significant center for development and investment. This vital corridor, often referred to as the Taj Expressway, is evolving into a premier site for both residential and commercial projects. Extending over 165.5 kilometers, this six-lane, access-controlled highway connects Delhi, Noida, Mathura, and Agra, underscoring India’s advancements in infrastructure. With a variety of amenities and ongoing projects, the Yamuna Expressway is rapidly becoming an attractive destination for both investors and prospective homeowners.
According to sources, the Yamuna Expressway Industrial Development Authority (YEIDA) plans to allocate Rs 14,000 crore over the forthcoming five years for the acquisition of 6,065 hectares of land adjacent to the upcoming Noida International Airport. This land is intended for the establishment of urban centers, industrial zones, public amenities, and a logistics park along the Yamuna Expressway, aiming to enhance investment opportunities in the region.
The recent development initiatives, such as the Noida International Airport and the Rapid X Metro, are significant drivers of growth in the Agra and Delhi-NCR regions, leading to a surge in the residential, commercial, and industrial sectors. As the Yamuna Expressway area rises in global significance, prospective buyers have the opportunity to take advantage of the current property prices, which remain comparatively reasonable.
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Commenting on the growth prospects of Yamuna Expressway, Sagar Gupta, Sales Director, Trisol RED, says, “The Yamuna Expressway has significantly boosted both the real estate sector and tourism in the region. The expressway is attracting more tourists from the NCR and beyond by providing a faster and more convenient way to reach the Taj Mahal, one of India’s top tourist destinations. The increase in tourism not only enhances the local real estate market by offering more luxury housing choices but also creates job openings and sustains local enterprises.”
With the commencement of development at Noida International Airport, there has been a significant increase in land demand, resulting in a surge in prices. Reports indicate that three years prior, a hectare of land in this area was priced between Rs 25-28 lakh; however, by 2024, this figure has escalated to Rs 1.25-1.5 crore per hectare. This dramatic rise in land values is anticipated to draw in investors and developers, fostering infrastructure development and regional growth. Additionally, YEIDA is planning a recreational space modeled after New York’s Central Park, underscoring its commitment to enhancing the quality of life for residents.
The Buddha International Circuit, located along the Yamuna Expressway, is a Formula 1 racing venue poised to enhance tourism in the region. The hosting of international events draws a significant number of international visitors, thereby increasing tourism and elevating the area’s attractiveness.
Sanchit Bhutani, Managing Director, Group 108, says, “The region is already renowned as an upcoming IT and manufacturing hub and continues to attract major investments from industry leaders. This is a sign of Noida’s growing influence and capabilities in northern India. This would create job opportunities in the Noida-Yamuna Expressway area. Such job creation will contribute to economic growth and encourage more real estate developments along the Yamuna Expressway. The upcoming Jewar International Airport is set to drive growth in the real estate market, with a significant rise in demand for both residential and commercial properties anticipated in the near future.”
The area’s carefully-designed infrastructure, excellent links to key city centres, and close proximity to the future Jewar International Airport make it a compelling option for both residential and commercial investments. Moreover, the Yamuna Expressway Industrial Development Authority (YEIDA) has spearheaded numerous developments, attracting global investor attention. A planned 172-acre Film City is set to be a transformative project for the region, which will further lead to a rise in property prices, providing great investment opportunities to investors.
Neeraj Sharma, MD, Escon Infra Realtor, says, “The Yamuna Expressway has become a hub for real estate developers and evolved growth along the route. The region is currently witnessing the emergence of townships designed to offer a premium quality of life with exceptional amenities and infrastructure. The Yamuna Expressway links Delhi, Noida, Mathura, and Agra, and it is one of the busiest routes in the area. As a crucial corridor, it offers a wide range of amenities and developments, making it a highly sought-after location for both residential and commercial real estate.”
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Travel time has been reduced, which is beneficial for commuters, and the real estate industry is also benefiting from this smooth connectivity. Job workers can easily commute to their offices and travel for leisure time via the Yamuna expressway. The expressway’s improved and quicker connectivity between Noida, Greater Noida, and the cities of Agra and Mathura has spurred growth along its corridor. This has led to an increase in upscale residential and commercial developments, further fueling the economic progress of the corridor.
Sanjay Sharma, Director, SKA Group said, “We anticipate significant transformation in the area, with the development of shopping districts, residential neighbourhoods, and commercial centres, driving economic progress and top-notch lifestyle for its residents. YEIDA has begun developing smart cities along the Yamuna Expressway, featuring cutting-edge infrastructure such as efficient transportation systems, digital connectivity, and smart energy management. These smart cities are designed to enable sustainable development and improve the quality of life for their residents. This growth presents a prime opportunity for investors and businesses to benefit from the growing infrastructure on Yamuna Expressway.”
The Yamuna Expressway is poised to sustain its progress through both current and future developments. Numerous projects are in the pipeline, which are anticipated to enhance the region’s status as a hub of innovation, stimulate economic growth through job creation and new enterprises, and establish itself as one of the most promising locations for real estate development in India.