The Yamuna Expressway has emerged as a significant hub for real estate, experiencing an extraordinary increase in property prices over the past five years. Recent findings from a report by Geetanjali Homestate indicate that the prices of flats have soared by 170%, while land prices have escalated by an astonishing 450%. This remarkable growth has positioned the area as a sought-after location for both investors and prospective homeowners.

Key Drivers of Growth

The rise in property prices can be attributed to several factors, with the upcoming Noida International Airport (Jewar Airport) being one of the primary catalysts. The expansion of the Delhi-Mumbai Industrial Corridor (DMIC) and other infrastructural improvements have also contributed significantly to the area’s growing appeal.

A Year-on-Year Breakdown of Property Prices

In 2019, the average flat prices along the Yamuna Expressway were between Rs 2,800 and Rs 3,000 per square foot, while land prices ranged from Rs 1,200 to Rs 1,300 per square foot. Despite the global pandemic in 2020, property prices along the expressway saw a slight appreciation, with flat prices increasing to Rs 3,200–3,300 per square foot. By 2022, flats were priced at Rs 3,600–3,800 per square foot, and land prices nearly doubled to Rs 3,400–3,600 per square foot.

As of 2024, flats are priced at Rs 7,900–8,100 per square foot, and land prices average Rs 6,900–7,100 per square foot, marking a significant increase. This surge has made the Yamuna Expressway one of the fastest-growing real estate corridors in India.

Commenting on this, Manish Jaiswal, Group COO of Eldeco Group, said, “The outstanding price surge along the Yamuna Expressway, with flats appreciating by more than 2.5 times and land more than 5 times in just five years emphasizes the area’s evolution into a prime real estate destination. This growth is driven by planned infrastructural developments, particularly the upcoming Jewar Airport, which has significantly enhanced connectivity and demand. As developers, we see this as a demonstration to the region’s potential, making it a hotspot for both residential and commercial investments. The future looks bright for those investing early in this rapidly evolving corridor.”

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Increasing Demand for Suburban Living

One of the notable trends driving this growth is the rising preference for spacious living. The remote work culture that emerged during the pandemic has encouraged homebuyers to look for properties in suburban areas offering larger spaces, affordability, and better quality of life. With its green surroundings and proximity to urban amenities, the Yamuna Expressway provides the perfect balance for those seeking a suburban lifestyle with easy access to major cities.

Ashish Agarwal, Director, AU Real, said, “The surge in the flat prices and land prices at Yamuna Expressway over the last five years shows the path of improvement and development of this region as a real estate zone. This growth is driven by planned infrastructure projects such as the Jewar Airport, and will further improve connectivity in the future. We believe that there will be increased demand for property in this region in the years to come which will make it ideal for investors and homeowners.”

Future Prospects

With the completion of major infrastructural projects like the Noida International Airport and enhanced connectivity through expressways and industrial corridors, the Yamuna Expressway is expected to remain a key player in India’s real estate market. Investors are eager to capitalize on the region’s growth potential, which promises substantial long-term returns.

Didar Singh, Senior Vice President – Sales, Trehan Iris, said, “Over the last five years, the real estate along Yamuna Expressway has increased in ways unparalleled before, as land prices have increased by 450% and properties by 170%. This exceptional growth confirms the investment worth of this region and has witnessed extreme property appreciation in accordance with the rapid economic growth and its growing infrastructure. Furthermore, we are also coming up with a new project in Sector 140, Noida. End users and investors seeking long-term returns will benefit from the Noida Expressway too due to its convenient location and commercial offices.”

In conclusion, the Yamuna Expressway has emerged as a thriving real estate corridor, offering lucrative investment opportunities. The ongoing infrastructural developments, combined with the area’s appeal for suburban living, continue to drive demand, ensuring its position as a top investment destination in the coming years.