Yamuna Expressway Real Estate Booms With Almost 50 Per Cent Growth in One Year
- 5th Dec 2023
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Real estate in Yamuna Expressway is moving at the speed of knots, literally. It has become a burgeoning real estate haven, recording a staggering 50% growth in property values within a single year. This burgeoning corridor, encompassing residential, commercial, and industrial zones, is rapidly transforming into a hotbed of investment opportunities, enticing investors to partake in its futuristic vision.
Investor focus is increasingly gravitating towards the strategic and infrastructurally sound Yamuna Expressway area, now a prime spot for real estate ventures. This area caters to a wide spectrum of property seekers, offering both affordable and luxury options. Properties range from Rs 45 lakh to Rs 90 lakh for the mid-segment and up to Rs 2.25 crore for luxury properties. Remarkably, the area has seen investment growth exceeding 63.9% in the past five years, with some projects escalating by 48% in just the past year, driven by strategic development initiatives and a burgeoning demand for real estate.
A key driver of this surge is the upcoming Noida International Airport at Jewar, anticipated to be Asia’s largest, which is expected to significantly boost the area’s real estate prospects. The Yamuna Expressway's proximity to Delhi-NCR further enhances its allure, offering excellent connectivity and easy access to essential services and business hubs.
The corridor presents a diverse array of investment opportunities, from residential and commercial properties to industrial spaces. Ongoing infrastructure enhancements and smart city projects are bolstering the area’s investment appeal, promising long-term growth and value appreciation.
The economic dynamism of the Yamuna Expressway, marked by major industry influx and job creation, is fuelling the demand for varied real estate spaces, shaping a fertile ground for investments. The government’s supportive policies and incentives, including tax benefits and efficient approval processes, are amplifying the region's attractiveness for secure and profitable investments.
Forecasts from analysts project a continued upward trajectory in property appreciation, making the Yamuna Expressway a lucrative option for real estate investors seeking significant returns.
In a notable advancement for the Yamuna Expressway real estate scene, Ace Group, a prominent name in the industry since 2010, is poised to launch an ambitious project. Ace Group has established a stellar reputation with over 15 million square feet of completed projects, including the 50-acre Ace Palm Floors township.
Their ongoing ventures, spanning ~17 million square feet, encompass notable residential projects like Ace Platinum, Ace City, Ace Aspire, Ace Golfshire, Ace Divino, Ace Parkway, and Ace Palm Floors, and commercial successes such as City Square, Ace Studio, Ace Capitol, and Ace Medley Avenue. Ace Group’s entry into the Yamuna Expressway corridor is eagerly anticipated, promising to reshape the landscape with its innovative approach.
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