A node for large-scale developments
This ‘ribbon type’ development along the Yamuna Expressway will grow into a logistics and a warehousing hub
The Yamuna Expressway offers large land parcels, and with it becoming operational it is expected to act as a magnet for real estate development projects. The Expressway is 165 km long, originating from Noida to Greater Noida and beyond till Agra, and its proximity to both Noida and Greater Noida - which are established towns - is expected to spur additional developments as well. The current development is ‘ribbon type’ and is expected to pick up momentum. With land availability in Noida becoming limited, this stretch will act as the next node for large-scale developments such as integrated townships and logistics and warehousing hubs.
The NCR is constantly expanding towards its peripheries, and the Yamuna Expressway has opened up a new area of development along its length. With connectivity to Agra, which is a major tourist spot that is being further enhanced, and travel time reduced considerably, the Yamuna Expressway has already attracted the interest of major devel- opers who have announced township and residential projects. With the operational F1 track and upcoming facilities like Jaypee Sports City project, Night Safari, etc, it will be the source of next wave of development which will expand the city boundaries.
Currently, enhanced connectivity is the only infrastructure-related advantage for this location. However, the next round of infrastructural development was fuelled when the expressway became operational. Noida is a major magnet for real estate investments in the state, and this will encourage the government and authorities to provide better amenities in this region. The advantages of proximity to development hubs of Noida and Greater Noida will also add to the attractiveness of this area. The proposed Delhi Mumbai Industrial Corridor expected to pass through Dadri will also boost development of warehousing and Special Development Zones.