Affordable rates encourage demand in Yamuna Expressway
Yamuna Expressway is one of the most preferable locations in Noida due to its affordable rate, connectivity and planned development in a phased manner. Realtors believe that in the coming 3 to 5 years, property rates are expected to double in sectors located on Yamuna Expressway like 137 and 143.
After the Expressway is done, one will be able travel to Agra in 100 minutes. New development coming up here will be world-class. The kind of viewership that has been seen for F1 has encouraged talks of a cricket viewership in Greater Noida. If that happens, it will have a huge impact on the property prices.
The safety, shorter travel time and accessibility in the region will accelerate land development along the Yamuna Expressway in a planned manner for commercial, industrial and residential purposes. Once the Expressway is operational, property rates may double in the Yamuna Expressway.
Prominent developers having a presence at Yamuna Expressway include Jaypee Group, Unitech Ltd, the 3C Company, Supertech Ltd, among others. The price of apartments here starts from about Rs 18-19 lakh and can go up to Rs 70 lakh or more.