A node for large-scale de­vel­op­ments

This ‘rib­bon type’ de­vel­op­ment along the Ya­muna Ex­press­way will grow into a lo­gis­tics and a ware­hous­ing hub

HT Estates - - NEWS - Ro­han Sharma

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.

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