Investing in YEIDA City Real Estate
Investing in YEIDA City Real Estate
Yamuna Expressway, also known as Taj Expressway, is a 165.5 km, six-lane wide access-controlled expressway connecting Greater Noida to Agra. It includes advanced safety features and aims to decongest the older Delhi-Agra or Mathura Road (NH-2).
The expressway connects major Northern India regions, primarily in Uttar Pradesh, such as Noida, Taj International Airport Site, Jewar, Aligarh, Mathura, and Agra.
The Yamuna Expressway Industrial Development Authority (YEIDA), also known as the Taj Expressway Industrial Development Authority, developed the expressway and oversees infrastructural, industrial, residential, and commercial projects along the roadway.
YEIDA City, a planned urban area, integrates smarter infrastructure with residential, industrial, and green spaces, including landmarks like Jewar International Airport and sports facilities. This development supports sustainable growth in the region.
Objectives and Vision of YEIDA City
YEIDA City aims to become a sustainable, efficient, well-connected, and globally recognized city. The primary objectives include:
- Strengthening the Economic Base: Creating an Aerotropolis and cities within the city to generate an employment surplus.
- Providing Quality Infrastructure: Ensuring high living standards with affordable and high-quality infrastructure.
- Ensuring Sustainable Mobility: Offering safe, reliable, economical, and environmentally friendly transportation.
- Creating Unique Identity: Enhancing culture and public life to give the city a distinctive character.
Key Features of YEIDA City
YEIDA City incorporates several salient features to achieve its vision:
- Urban Form: Developing an appropriate urban form for the Greenfield city.
- Airport Development: Providing adequate space for airport city-side development.
- Regional Development: Ensuring balanced regional growth and adherence to the regional plan.
- Traffic Management: Containing traffic demand within the city limits through a high containment ratio.
- Sustainable Growth: Promoting sustainable development with flexibility in land use to respond to dynamic market conditions.
- Affordable Housing: Prioritizing affordable housing for industrial workers.
- Public Transport Integration: Integrating public transport systems through Metro Neo, buses, NMT, cycle tracks, pedestrian pathways, and IPT.
- Iconic Infrastructure: Developing a central commercial center with world-class infrastructure and an iconic pedestrian promenade.
- Industrial Traffic Management: Facilitating the movement of heavy industrial traffic through a peripheral road.
- Logistics Facilities: Establishing logistics facilities near the airport to meet industrial demands.
- Green Buffers: Creating green buffers along the Yamuna River, water bodies, and canals.
Recent Developments and Investment Potential
YEIDA has focused on various initiatives such as infrastructure development, sustainability, relief for homebuyers, increased budget allocations, and land allotment rate hikes. These efforts centered around the upcoming Noida International Airport, aim to create a thriving hub that integrates various sectors efficiently and promotes economic and residential growth.
Since its inception, YEIDA City has grown into a vibrant real estate destination for investors. Understanding the future of real estate and growth prospects in and around the Yamuna Expressway, investors are capitalizing on projects in this region. Although the development of YEIDA City may seem slow due to the enormity of the project, the proposed metro project is expected to connect different parts of Uttar Pradesh, Delhi, and other regions of Noida and Greater Noida. Additionally, the proximity of tourist attractions and heritage sites draws more investors to the YEIDA project.
Real Estate Investment Opportunities in YEIDA City
Investing in property or land in the Yamuna Expressway authority project offers substantial returns as more people migrate to the area. Whether you have the capital to invest in residential or commercial properties, YEIDA City is a promising option. The region is easily accessible from different parts of Delhi NCR through the Yamuna Expressway and connects to other national highways like NH-58, NH-24, and NH-1. This connectivity extends to prominent cities like Ghaziabad, Agra, and Meerut, reducing travel time and enhancing accessibility.
YEIDA City's infrastructure includes India's first green expressway with electric power charging stations for cars and solar-generated streetlights. Various services make travel more accessible and convenient, enhancing the commercial and industrial sectors and boosting the economy. Additionally, the cricket stadium and the Formula One circuit contribute to growth in the sports sector.
Safety and Security
YEIDA City has so far been a secure area with no records of threats or other harmful incidents. Each real estate project under YEIDA is to be managed by trained security personnel, ensuring a safe environment. The mixed development project spans over twenty-five hectares and includes restaurants, open-air theatres, public parks, a mall, multi-level parking systems, and walkways. This diverse development could also create numerous employment opportunities.
Key Developments Near Yamuna Expressway
1. Logistics Hubs
Dedicated logistics parks and freight corridors to reduce transportation costs and improve supply chain efficiency.
2. Tourism Infrastructure
Service areas, rest stops, and tourist information centers, along with resorts and hotels to boost tourism.
3. Residential Projects
Modern housing schemes catering to various income groups, with projects like ACE Terra in Sector 22D Yamuna Expressway.
4. Industrial Parks
Establishment of industrial parks like the Greater Noida Industrial Development Authority (GNIDA) and the Yamuna Expressway Industrial Development Zone (YEIDZ).
5. Smart Cities
Development of smart cities with advanced infrastructure, promoting sustainable growth and enhancing residents' quality of life.
Source: Master Plan – Yeida yamunaexpresswayauthority.com
Additional Developments
Noida Film City
The proposed Noida Film City will be the second-largest in India, boosting the entertainment industry and creating numerous job opportunities.
Jewar International Airport
Jewar International Airport will connect people to various domestic and international destinations, stimulating tourism and trade, and generating employment.
Buddha International Circuit
The Buddha International Circuit, a world-class Formula 1 racing track, has put the region on the global map and attracted investments from the sports, hospitality, and automobile industries.
YEIDA Plot Scheme 2024
Under the Yamuna Expressway Industrial Development Authority (YEIDA) Plot Scheme 2024, land plots are being offered to Indian nationals who meet certain eligibility criteria. The scheme typically outlines the eligibility criteria, application process, and terms and conditions for individuals or entities interested in receiving land along the expressway near the Noida International Greenfield Airport, which is a designated area governed by YEIDA.
Investing in YEIDA City?
Investing in YEIDA City is a lucrative opportunity for long-term investors. The area's real estate market is poised for significant growth, driven by extensive infrastructural developments and international-standard projects. Benefits include capital appreciation, tax benefits, rental income, and increased demand in the future. With a strategic location, comprehensive infrastructure, and ongoing development, YEIDA City could become a promising destination for real estate investment.
Financing Your Investment in YEIDA City
Multiple banks and NBFCS have setup their offices & branches catering specifically to YEIDA city projects. Creditnama works with all these banks that finance property loans, home loans, loan against property, commercial property purchase. Login today on creditnama.com or contact us at the below listed options. Our team of experts is ready to assist you in finding the best loan options tailored to your needs.
Still have questions?
If you still have questions or doubts about whether YEIDA City is the right option for you, you can tap into our lending expertise by signing up on our website: https://creditnama.com/
One of our lending experts will give you a FREE consultation call within minutes. Until then, wishing you the best in your search!
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