The latest price trend along Yamuna Expressway gives good insight into what the future holds for the investors there. The average price of an affordable two-bedroom apartment in a residential complex hovers around Rs 38.36 lakhs, according to available estimates.
The most prime piece of property listed in Yamuna Expressway is priced at ₹ 10.00 crore, according to Prop Tiger’s Makaan.com. Experts also contend that unlike neighbouring NOIDA, where prices have nearly bottomed out, in the Yamuna Expressway they have witnessed a marginal uptake.
The Yamuna Expressway Industrial Development Authority (YEIDA) has approved Rs 4,156.13 crore for the region’s growth at a board meeting convened on June 9, 2017. Meanwhile, the Greater Noida Industrial Development Authority (GNIDA), at its board meeting had approved another tranche of Rs 6,443.05 crore for 2017-18, according to various media reports. Of this Rs 1,100 crore are to be distributed among farmers whose land has been acquired for urbanisation. This represents a 64 per cent hike over what was being offered earlier.