Yamuna Expressway in the National Capital Region is one of the emerging investment options today. It has become the hub of real estate development since it became operational. The Expressway stretches along 165 km starting from Noida progressing to Greater Noida and Agra. The Yamuna Expressway crossing these two important cities of Noida and Greater Noida has certainly spurred the realty activity in the region. These two areas are well developed and the Expressway adds to the connectivity of the region and appreciating prices of property in Yamuna Expressway.
Areas in Noida are developed and today stands in the forefront of restrictive land availability. The land is becoming exclusive and private and builders have individuals have to pay a hefty price for own a land in Noida.
As in the case of many developed areas, appreciation of property is dependent on its location and return on investment mostly come through rentals. But with the coming of property in Yamuna Expressway it has opened up many opportunities for individuals and builders to invest in the peripheries of the National Capital Region.
Major developers like Jaypee Builders have already announced projects along the expressway. They have been said to acquire huge plots in Yamuna Expressway for the same. The major attractions that brings investors to this area is the F1 track in the vicinity and its close proximity to one of the most revered tourist spot in the country, Agra. Major developments have been planned keeping in mind its strategic location.
For now the expressway and the connectivity it provides is the only major infrastructure development in the area. With the successful operation of the opportunities provided by the Yamuna Expressway, government and the development authorities have charted out other major infrastructure projects to cover this region. Although this might take a few more years to come to life, for the ones investing in plots in Yamuna Expressway, this is good news.
Your property is sure to appreciate by 30 to 50 percent if industry experts are to be believed. Another major attraction factor for the investor remains its close proximity to the developing regions like Greater Noida. There is a lot of real estate activity going on in these regions, which will further translate and expand to its neighbouring territories. Things are surely looking up for the Yamuna Expressway stretch.
Prices of multi storey apartments have remained stable over the over. Today one can buy an apartment for a reasonable cost here. Affordable housing projects also show good prospect in the region. Residential plots however have shown good demand with an appreciation of 30 to 40 percent in the past year. Plots can be considered an ideal investment choice in the region for the ones not looking to reside here. Rental values in the area for now are low and is said to pick up in the following years. The appreciation of rental and capital value will be a slow process and will show a significant change only in the next few years.
Author Bio:
Sulabha Kulkarni is a freelance writer and an avid blogger, following the real estate sector and property in noida closely for many years. Her areas of expertise are finance, apartments in chennai and real estate sector in India
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