NCR’s Latest Infrastructure Developments Boost Property in Noida

The National Capital Region (NCR) is undergoing an infrastructural transformation, and many projects are reshaping its landscape. These developments are not only improving connectivity but also increasing the attractiveness of property in Noida and surrounding areas. With the region developing, investors and homebuyers are being attracted to the promising real estate market, especially on the Noida-Greater Noida Expressway and Yamuna Expressway in Uttar Pradesh.

DMRC’s Golden Line Metro Extension: Bridging Delhi and Noida Airports

Delhi Metro Rail Corporation (DMRC) is all set to change how Delhi and Noida travel with its Golden Line metro extension. Aiming to directly connect the Indira Gandhi International Airport (IGI) with the recently launched Noida International Airport, this project will significantly reduce travel time and make commuters’ lives easier.

Key Features of the Golden Line Extension:

• A 5 km elevated route –  The proposed 5 km extension from Tughlakabad to Kalindi Kunj will directly connect to the Magenta Line at Botanical Garden, a key metro hub. This link will help residents of Noida and Greater Noida as well as air travellers to both airports to get a smoother travel experience. 
• Two new stations – Sarita Vihar and Madanpur Khadar — will be added along the elevated stretch, as per Delhi Metro Rail Corporation (DMRC). These strategically placed stations will serve a large residential and commercial population with easy metro network access to various destinations. 
• Estimated budget of Rs 950 crore – In addition to constructing the elevated section and stations, the budget includes the signalling systems, electrical infrastructure, and safety measures to be integrated for a smooth and reliable metro service.

The project is expected to be a game changer for anyone looking to buy property in Noida, as it will significantly enhance access to Delhi and the new airport. This enhanced connectivity is likely to spur the valuation of properties along the metro corridor, making the corridor more attractive to investors and homebuyers alike.

Also Read: Why Now Is The Time To Buy A 2 BHK Flat In Noida

New Underpasses on the Noida-Greater Noida Expressway

Two new underpasses will be constructed on the Noida-Greater Noida Expressway, a vital artery linking these two hustling cities. The improvements are meant to reduce traffic congestion and increase commuter safety.

Details of the New Underpasses:

• Located strategically along the expressway – The first underpass will be 800 metres and located at the 16.900 km point near Jhatta village between Sectors 145, 146, 155, and 159. This underpass will benefit the newly developed and developing industrial sectors 151, 153, 154, 155, 156, 157, 158, 159, 162, and nine villages.

The second underpass will be 731 metres long and will be located between Sectors 128, 129, 132, and 108 at the 6.10 km mark near Sultanpur village.

• Budget for the underpasses – The authority budgeted Rs 131 crores for the construction of the Jhatta underpass, which IIT Roorkee has revised to Rs 117 crores. Similarly, the Sultanpur underpass’s initial budget was Rs 106 crores, but IIT Roorkee has reduced it to Rs 98 crores.
• Benefit to thousands of daily commuters – The underpasses are expected to handle a substantial volume of traffic as they cater to daily commuters, commercial vehicles, and other expressway users. This will also help businesses and industries located along the expressway, allowing for the movement of goods and services.

The underpasses will not only make residents’ daily commute easier but also make the property in Yamuna Expressway more attractive. This improved infrastructure will attract people to real estate developments along the corridor, resulting in residential and commercial growth.

YEIDA’s Vision for the Future: Fintech City and Global Hubs

Yamuna Expressway Industrial Development Authority (YEIDA) is leading the effort to transform the region into a business and innovation hub. These plans include developing a Fintech City and various global hubs that will define the economic landscape of the NCR.

Key Elements of YEIDA’s Vision:

• A state-of-the-art Fintech City: This will be a focused area reserved for the leading fintech companies, startups, and research institutions to collaborate and innovate in the fintech industry. The Fintech City will offer state-of-the-art infrastructure, regulatory support, and access to world-class talent, making it an attractive place for Fintech businesses to set up shop from across the globe.
• Global hubs for various industries: YEIDA intends to emerge as a global hub for sectors like IT, manufacturing, logistics, and biotechnology. These hubs will provide customised infrastructure, industry-specific resources, and networking opportunities as the region attracts both domestic and international companies to drive economic growth in this area.

Here’s a breakdown of it:

• Sector 5: Residential plots across 382 hectares
• Sector 6: Industrial plots spanning 348 hectares
• Sectors 7 & 8: Mixed-use plots over 283 and 328 hectares
• Sector 9: Institutional and recreational space over 328 hectares
• Sector 10: Industrial park covering 312 hectares 
• Sector 11: Fintech city across 315 hectares 
• Sector 8D: Industrial plots over 383 hectares
• Sector 4A: Korean city on 365 hectares 
• Sector 5A: Japanese city on 395 hectares

In addition, YEIDA is purchasing 2,000 hectares in Aligarh for a logistics park and industrial projects, and 736 hectares in Tappal are already under assessment.

The real estate market is expected to experience a ripple effect of increased demand for both commercial and residential properties. As these projects come to fruition, investors looking at property in Noida or along the Yamuna Expressway in Uttar Pradesh may have lucrative opportunities. 

Orbital Rail to Transform Connectivity Between Haryana, UP, and Noida Airport

The upcoming Orbital Rail system will establish improved transportation links among Greater Noida and Dadri and Meerut and Baghpat with Jewar Airport. The high-speed line will establish faster travel connections throughout northern states.

The Master Plan 2041 serves as the foundation for constructing the Orbital Rail which will operate in parallel to the Delhi Eastern Peripheral Expressway. This infrastructure will use Greater Noida Phase II to create a connection between Haryana and Uttar Pradesh while joining Baghpat with Noida International Airport. The route establishes a direct transit system that connects these two regions to simplify transportation for thousands of passengers using the system daily.

The project requires a total funding of ₹11,000 crore because of its significance to regional infrastructure development. This transportation system will operate for both freight and passenger travel and its freight service will be capable of 100 km/h speeds. The improved trade and logistics system will result in more efficient freight movement capabilities.

Noida Airport To Gain 2 CNG Stations Through IGL’s Development Plan

The Noida International Airport will get two CNG stations from Indraprastha Gas Limited (IGL) to provide sustainable transportation solutions for airport users. The planned CNG facilities will be located in two separate areas with one station situated in the west precinct and the other station built inside the airside region. 

The City Gas Distribution (CGD) network development by IGL at Noida airport will ensure uninterrupted access to and from CNG stations. The terminal alongside other airport buildings will receive piped natural gas (PNG) distribution for both food service venues and kitchen areas and lounges.

Recent developments show that Noida International Airport obtained a 30-year concession from Indian Oil Corporation Ltd (IOCL) to operate fuel stations throughout three essential airport locations. The agreement mandates the construction of fuel stations near the main western access road for passengers in addition to stations within the airside area for airport operations and stations near the eastern cargo precinct.

Conclusion

These latest infrastructure developments in the NCR are supposed to transform the NCR landscape by improving quality of life, providing better connectivity, and creating economic opportunities. If you are planning to buy property in Noida or even invest in Yamuna Expressway, this is the right time to explore the potential of this fast-developing market.

Investors and homebuyers will be interested in learning about these infrastructure projects and what they can mean for property values. Developments along the Noida-Greater Noida Expressway and other important corridors could be highly profitable as the region grows and prospers.

The NCR’s infrastructure boom offers a plethora of opportunities for those who want to invest in this region. As change occurs, NCR will deliver an unbeatable promise in connectivity, economic vitality, and quality of life and will continue to be an interesting investment option for many years ahead.