One must carefully consider their option before buying any property block because land prices have increased dramatically over time. The following information will help you select the appropriate piece of land or property in the Yamuna expressway and explain how the Noida real estate market influences the price of the Yamuna expressway.
What Factors Affect the Price in Noida?
The Noida Expressway sectors draw real estate investors and corporate offices because of their well-developed infrastructure, which includes knowledge parks, hospitals, shopping malls, schools, colleges, and retail arcades. It is a rare micro-market in the NCR with good residential and commercial project blending (60:40 ratio). Many IT/ITeS, SEZ (Special Economic Zone), BPO, and finance & banking organizations have offices on both sides of the Noida Expressway while approaching from the Delhi side.
Significant commercial and residential projects for purchasing property in the Yamuna expressway can be found in sectors such as 44, 93B, 94 through 98, 100, 104, 140, and 140A along the Noida Expressway. The primary development engine of this micro-market is its high-speed road system, metro lines, low prices, and proximity to numerous areas of Delhi.
Due to its outstanding accessibility and well-developed infrastructure, the Noida Expressway micro-market has drawn the attention of various national and local real estate developers. This area has residential and commercial developments by Supertech Limited, Godrej Properties, DLF, Tata Housing, Bhutan Infra, ATS Infrastructure, and many more.
The real estate market is presently suitable for investment due to a sustained decline in property prices over multiple quarters. The current price appears to appeal to both end users and investors. Residential property costs range from INR 3,800 to INR 6,700 per square foot, with INR 4,980 being the average price. However, due to weak demand attitudes, residential property prices in this market have somewhat declined since 2016.
On the other hand, commercial real estate has seen a significant increase in pricing due to a surge in office space in the NCR market.
Conclusion
To ensure you receive a reasonable investment price, ensure the property in the Yamuna Expressway is first-rate. You may easily compare plot prices online or speak with a realtor to locate the appropriate piece of land in your selected location for a reasonable price. The land is a precious resource. As a result, choosing the ideal location for your investment can quickly ensure a sizeable return.
