Yamuna Expressway
The areas in the vicinity of the six-lane, 165 kilometre long Yamuna Expressway, which connects Noida to Greater Noida with Agra is a booming real estate investment destination. Some of the factors that make the Yamuna E-way a goldmine for property investors are its proximity to Delhi, rapid industrialization in Great Noida, and the presence of a large number of educational institutions there. Jaypee Infratech, promoter of Yamuna Expressway, has the right to develop real estate along the Expressway over 6,175 acres (equivalent to 530 million sq ft). Of the total 530 million sq ft developable area, 311 million sq ft is in the National Capital Territory alone. Due to the expressway, the property prices have already touched Rs 30,000 per square yard in the area, and which is growing very rapidly. The Jaypee Group, which has developed the expressway, will bring forth five integrated townships sprawling across 500 hectares at five locations along the expressway. The state government too has already acquired land and allotted 21,000 plots off the expressway to individuals. Besides Jaypee and Supertech, other prominent developers include SDS Infrastructure, Orris Infrastructure, Anushria Realtors, 3C Company, Anova Infracon, Silver Sands Estate, Aminiti Builders, Ajnara, and Nimbus.
