The transformative journey of Yamuna Expressway - YXP from just being a transportation corridor to emerging as the next big business hub of North India is nothing short of remarkable. Spanning approximately 165 kilometres, this state-of-the-art infrastructure marvel is rapidly reshaping the business landscape. It has become the epicentre for real estate investments.
The Yamuna Expressway - YXP offers rapid and efficient connectivity by connecting the country's political heart - Delhi, to some prominent cities of Uttar Pradesh. Its six (and expandable to eight) lane design ensures that both goods and passengers move swiftly, reducing transit times and benefiting businesses.
The new Noida International Airport at Jewar is the most standout infrastructure on this expressway. Upon completion, this airport will significantly boost global connectivity, paving the way for heightened trade, tourism, and commerce. The airport is expected to be operational from October 2024 with all international, domestic and cargo flights. An estimated 5 million people are expected on day one with no overflow from IGI Airport Delhi, which is just 72 km away. At 90 km from the airport is the multimodal logistics centre at Dadri. The airport has excellent connectivity in all directions.
The Yamuna Expressway - YXP links Delhi, Noida, Greater Noida and Agra. The 100-metre-wide Western Peripheral Expressway connects Palwal, Manesar, Ghaziabad, Baghpat, and Meerut through the Yamuna Expressway - YXP. A 72 km metro corridor is also planned to connect the Airport at Jewar with New Delhi. There also are plans to set up 'pod taxi' or driverless personal rapid transport (PRT) to facilitate connectivity between the airport and Film City in Noida.
With this enhanced accessibility, businesses in the hospitality sector - from luxury resorts to quaint cafes, have a golden opportunity to cater to a diverse influx of tourists. The UP Govt. has also planned a vast film city soon to be built on Yamuna Expressway - YXP property. Regions adjacent to the expressway, especially sectors at the Noida - Greater Noida Expressway, are witnessing a real estate boom. The demand for both residential and commercial properties is skyrocketing, making it a hotspot for real estate moguls and investors.
Dedicated zones like YEIDA (Yamuna Expressway Industrial Development Authority) are attracting a broad spectrum of industries. From manufacturing giants to budding IT startups, the expressway offers a conducive ecosystem for all. Mobile company Vivo, Retail Chain Bikanerwala, Patanjali and LG are a few renowned names which have already started the setup of their manufacturing units in this zone.
Institutions like Gautam Buddha University, Galgottias, Sharda, GL Bajaj and several research centres are turning this region into an educational hub. This influx brings along demands for housing and commercial real estate developments.
In an era where sustainability is paramount, the expressway's emphasis on green belts, pollution control, and eco-balancing acts as a magnet for green businesses and eco-conscious investors. The government's push, coupled with attractive financial incentives for businesses, is a catalyst.
Tax breaks, simplified land acquisition processes, and infrastructure support lure investors. While we witness rapid development, vast stretches of the expressway still offer untapped potential. Early bird investors have the opportunity to capitalize on residential and commercial property for sale, gaining a competitive edge. It's shaping up as a complete ecosystem, from world-class medical facilities to recreational centres.
So, the Yamuna Expressway - YXP isn't just a transportation corridor; it's the future of business in North India. Its strategic position, along with the myriad of opportunities it presents, makes it an irresistible proposition for any discerning investor or business. As the expressway continues to evolve, it beckons forward the real estate investments in the Noida and Greater Noida regions to be a part of its illustrious journey.
