How the Yamuna Expressway is Revolutionizing Urban Expansion
The rapid appreciation in land value along the expressway is poised to greatly enhance the real estate market and create numerous employment opportunities.
Yamuna ExpresswayReal EstateUrban ExpansionNoida International AirportYeidaReal Estate NewsSep 20, 2024
The Yamuna Expressway Industrial Development Authority (YEIDA) has big plans to invest Rs 14,000 crore over the next five years to purchase 6,065 hectares of land near the upcoming Noida International Airport. This land will be used to develop urban hubs, industrial hubs, public amenities, and a logistics hub, attracting further investment in the region.
The expressway has been engineered for rapid transit and operational efficiency, effectively linking Pari Chowk in Noida to Kuberpur in Agra along NH-2. By bypassing NH-8, it has significantly reduced travel time between Delhi and Agra to just two-and-a-half hours. The well-structured infrastructure of the expressway has also alleviated congestion on the eastern side of the Yamuna, including the older GT Road and National Highway 2.
The expressway's connectivity is not just limited to Agra; it is also connected to the 302 km Agra-Lucknow Expressway via the inner Agra Ring Road, providing a direct route to Lucknow. This enhanced connectivity has not only improved travel experiences but also facilitated the efficient movement of goods for trade and commerce.
Frequently Asked Questions
What is the length of the Yamuna Expressway?
The Yamuna Expressway is 165.5 kilometers long.
What is the purpose of the YEIDA's investment of Rs 14,000 crore?
The YEIDA plans to invest Rs 14,000 crore to purchase 6,065 hectares of land near the upcoming Noida International Airport for developing urban hubs, industrial hubs, public amenities, and a logistics hub.
How has the development of the Noida International Airport affected land prices?
The development of the Noida International Airport has led to a significant increase in land prices, driven by heightened demand.
What is the expected impact of the Yamuna Expressway on the real estate market?
The rapid appreciation in land value along the expressway is poised to greatly enhance the real estate market and create numerous employment opportunities, as well as boost tourism in the region.
What is the YEIDA's plan for promoting a healthy lifestyle for the community?
The YEIDA is working on a recreational facility inspired by Central Park in New York, which underscores its commitment to promoting a healthy lifestyle for the community.
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