Noida’s real estate industry has gained momentum over the years thanks to its ever-growing economy. The nearby regions, like Greater Noida and Yamuna Expressway, are also drawing outstanding benefits from its promising economy.
This region in Delhi NCR has set high standards for many industries to settle and thrive in a business-friendly environment. Even numerous global giants have shown an interest in making their services available in India, where Yamuna Expressway is among the major stakeholders in this extraordinary development.
Almost every Yamuna Expressway property has ensured a world-class infrastructure for multinational corporations for seamless operations and provided a stable environment for new businesses to occur and function. Let's dive deep into the Yamuna Expressway project in this article.
Yamuna Expressway
The 6-lane wide, 165 km long Yamuna expressway is an access-controlled expressway in Uttar Pradesh. This is currently the 6th longest expressway in India, which connects Greater Noida with Agra.
It was conceived in 2001 with the idea of reducing the travel time from Delhi NCR to Agra and de-congesting the older Delhi–Agra National Highway (NH-2) or Mathura Road.
The expressway aims to drive regional development and promote safe, smooth transportation.
Economic and Social Impact of Yamuna Expressway
The Yamuna Expressway is not merely a stretch from Delhi to NCR, but it is a significant factor in bringing socio-economic transformation. It has provided impetus to the regional real estate industries with better infrastructure development.
Infrastructure Development
Yamuna Expressway has greatly influenced the region across Delhi NCR. Besides connecting two larger cities (Delhi and Agra), it has further boosted transportation with world-class features like service lanes, rest stops, and toll booths along the expressway.
Commercial and Industrial Expansion
The area under YEIDA has witnessed tremendous commercial and industrial growth, with numerous manufacturing, healthcare, information technology, and educational sectors thriving simultaneously. As a result, the region’s increasing urbanisation has sparked countless residential and commercial projects, with the local economy growing faster than ever.
Hospitality and Tourism
Yamuna Expressway enabled seamless connectivity to tourist destinations such as Agra, Mathura, and Vrindavan. These are the world-known religious and historic places, drawing domestic and foreign visitors each year. As a result, investments in hotels, restaurants, resorts, guest stays, and other hospitality businesses bring huge profits. Local tourism around Yamuna Expressway helps create employment opportunities for the unorganised section of society.
Future Growth Potential
Significant efforts by the government of UP to transform the Yamuna Expressway into a world-class hub for various industries have consistently brought results. A number of planned construction projects near the Expressway, such as educational institutions, leisure facilities, and industrial townships, have improved the region’s investment prospects by fostering economic growth and building a favourable business climate.
Developments Across Yamuna Expressway
Established in 2001, the Yamuna Expressway Industrial Development Authority (YEIDA) plays a key role in erecting massive constructions and promoting expansion across the Yamuna Expressway.
The authority looks after the industrial, commercial and infrastructure projects along the Expressway. It has now become a thriving hub for tourism, logistics, and industries.
Let’s look at some of YEIDA’s development plans, spreading across this exceptional infrastructure.
Catalyzing Residential Developments
A number of residential developments prospered along the expressway, promoted by YEIDA. The authority has given its nod to a spectrum of housing schemes to accommodate several income groups, with affordable housing as the priority.
For example, Gaur plots near Jewar Airport come under a massive integrated township plan on the Yamuna Expressway. Developed by the Gaursons group, Gaur Yamuna City is an emerging paradise for various commercial and residential projects.
These residential properties are thoughtfully designed to upgrade the living standards through modern amenities and facilities. YEIDA played the most part in turning this region into an appealing residential area.
Pioneering Commercial and Industrial Parks
Yamuna Expressway Authority has embarked on a journey to propel regional infrastructure to a new level. Construction of high-class industrial projects such as Noida International Airport, International Film City, Data Centre Park, Medical Device Park, Logistics Park, etc.
The industrial projects along Yamuna Expressway are expected to withdraw massive investments to transform the region into a tech canopy. They will also facilitate robust infrastructure, steady power supply, uninterrupted water provision, and seamless road connectivity.
Thanks to their remarkable potential, these parks led to the creation of job opportunities and gave a significant boost to the region’s economic growth.
Forging Logistics Hubs
One of the primary functions of YEIDA is to identify the potential tourist hotspots on Yamuna Expressway. Then, facilitate essential services like rest stops, service areas, and tourist information centres to improve the experience.
The authority is also responsible for constructing dedicated freight corridors and logistics parks, which will ultimately reduce transportation expenses and uplift supply chain efficiency. YEIDA’s foresight and commitment to drive infrastructure innovation is reflected in this strategic development.
Boost Local Tourism
YEIDA's jurisdiction is beyond residential and commercial projects. It puts considerable effort into tourism as well.
With this in mind, the authority identifies the potential tourist hotspots on Yamuna Expressway. Then, develop crucial facilities like service areas, guest stays, rest stops, and tourist information centres for an ultimate tourism experience.
Apart from this, YEIDA has also emphasised providing the best-class hospitality to domestic and international tourists by encouraging the construction of resorts and hotels along the expressway. Even the availability of luxurious flats in Yamuna Expressway has topped tourism in several areas. This has further diversified the economic landscape of the region and fostered an enriched community experience for tourists.
Transportation Expansions
Seamless connectivity is important to ensure healthy tourism. So, to keep up with it, YEIDA is developing the Regional Rapid Transit System (RRTS) to strengthen connectivity along the Expressway. It is planned to be operational by 2025.
This is an innovative step to revolutionise commuting experiences and strategise the expressway’s position as a trailblazer in an excellent infrastructural development.
Yamuna Expressway is among the best places for real estate investments in Delhi NCR as it can be a future-securing deal for many. The rise of numerous top-notch commercial and residential projects along the expressway has filled every investor with the hope of high-valued returns.
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