YEIDA City is a modern name given to Yamuna City. After the foundation stone laying ceremony by the Prime Minister of India Modi Ji, there is an increased impetus to the realty market of Noida. The real estate developers have started planning launches for the year 2022. Although the COVID-19 has brought a new variation that is creating a spur in every sector, the residential demand in YEIDA City is still high. The Noida International Airport in Jewarhas accelerated the approach of residential units in Noida.
There is no doubt to state that the YEIDA City is one of the biggest real estate hubs in Delhi NCR. The expressway is said to be running from 165 Kilometres to Agra from Greater Noida via Aligarh. The YEIDA City is a new greenfield project which is under construction on a 25000-hectare land area along with the Yamuna Expressway. This has brought modern development with better and smarter amenities and infrastructure. After the completion of this project, YEIDA City will complement the real estate development in Greater Noida.
Where is YEIDA City located?
The YEIDA City is under development in the south of Greater Noida, to be specific in the Noida Buddha Nagar district. Because of its development between the Yamuna Expressway Intersection andJewar International Airport, the land raise has taken an acceleration. The location of this city is just 45 km from Delhi, 14km from Greater Noida and 110 km from Mathura and Vrindavan, and just 160 km from Agra.
The Delhi Mumbai Industrial Corridor is going to pass through Dadri. Because of it, the Yamuna Expressway is going to experience a faster development of special development zones with the establishment of warehousing. The growth based on this project will integrate industrial townships, logistics, transport hubs, and the film city. At the current period, the prices are stable but are likely to rise with future developments. The inquiries and bookings in the real estate sector are on the rise, and potential investors have started to realise the benefits of investing in the YEIDA City properties.
Properties near Yamuna Expressway- Ace City- This residential property provides easy connectivity to South and East Delhi. It is situated near the Express Highway and the proposed metro station. The metro station from this residential complex is just 8 km away. The prices in Ace City for a 2 BHK sized 1090 sq ft start from Rs 35.92 Lacs. Apart from this, there are some developers like Gaurs, Supertech, ATS, Lotus, Imperia, etc.; the prices of units of luxury housing can go up to Rs 2.25 crore.
Residential plots have been allotted along the Yamuna Expressway by Yeida. India's biggest film city is under development in the Yeida Phase 1 region of Gautam Buddha Nagar district of Uttar Pradesh of Sector 21. The project is based on 1000 acres of land, out of which 780 acres of industrial land will be used for creating studio sets, and additional 220 acres of land will be held for commercial purposes. If the project gets launched at the given time, the employment rates will increase for scriptwriters, actors, and other technicians based out of the Hindi heartland. The developing project will provide a beautiful landmark for tourists who are visiting Mathura Vrindavan Agra Tourism Circuit. The commercial strip and the Yamuna Expressway will change the look and offer hotels and banquet halls.
YEIDA City connectivity and well-developed infrastructure
The current project, YEIDA City, lies in and around the Rabupura Village of Secor 21 in the Gautam Buddha Nagar district. The city is 50 km away from Delhi from the DND Expressway, 30 km away from Pari Chowk, and 100 km away from Vrindavan. Plenty of real estate opportunities are coming around because of the increased interest of developers and investors. Already 416 plots are on offer by the Yamuna Expressway Industrial Development Authority.
What constitutes growth for the zone?
When we talk about the real estate market, the growth that drives the development of an extension to the project in Greater Noida and Jewar International Airport. The Jewar Airport will bring many top MNCs and corporates into the region. Not only this, plenty of investors are getting ready to invest in Yamuna Expressway because of the perfect connectivity the region offers. The third phase of the FNG Expressway will also cross the Yamuna Expressway, which is yet another point added to growth for the zone. Many schools, malls, and other social amenities are simultaneously under development in YEIDA City. The prices of the property are also on the lower side compared to the Gurugram regions.
Commercial and residential development is going strong in YEIDA City, and multiple projects are being undertaken in the zone. With metro connectivity and the new International Airport, the YEIDA City will transform the face of the real estate market.
Also read: How Financial Year 2022-23 will increase the rates of Noida Film City?