Huge Demand for Yamuna Expressway Plots
Yamuna Expressway Authority Receives 1.12 Lakh Applications for Residential Plots Near Noida Airport
The Yamuna Expressway Industrial Development Authority (YEIDA) recently concluded a highly successful residential plot scheme near the upcoming Noida International Airport. Launched on October 31 and closing on November 30, the scheme attracted an overwhelming 1.12 lakh applications for just 451 residential plots in Sector 24A along the Yamuna Expressway.
This massive response underlines the growing demand for real estate in the region, driven by proximity to key infrastructure projects such as the Noida International Airport, the proposed Film City in Sector 21, and the Eastern Peripheral Expressway.
Key Highlights
- Applications Received: 1.12 lakh for 451 residential plots.
- Revenue Generated: Rs. 4,800 crore from registrations.
- Allotment Process: A lucky draw for plot allocation is scheduled for December 27, 2024.
Why the demand?
Experts point to the strategic location of these plots. Sector 24A offers excellent connectivity to Greater Noida and prominent heritage cities like Agra and Mathura via the Yamuna Expressway. Additionally, land prices in areas like Jewar have surged by 40–50% over the past two years, making the region a lucrative investment hub.
The scheme’s success reflects the rising interest in residential real estate near key infrastructure projects, positioning the Yamuna Expressway as a prime destination for future developments.
Stay tuned for more updates on the allotment process and other real estate news.
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