Have You Considered Investing Along the Yamuna Expressway? Here's Why Your Investment Will Increase In Value

 The on-the-mend slump that overtook India's real estate sector for more than five years left no hotspot unaffected, including places along the Yamuna Expressway. Before 2014, what used to be a developer's market became a location where buyers were the ultimate winners. Property values gradually returned to normal following a period of wild upward movement during the boom.

According to PropTiger.com, property costs in Yamuna Expressway are currently at Rs 3,100 per square foot (PSF), with an average monthly rent of Rs 15,000 for a 2BHK flat. As the year passes, statistics indicate that rates may begin to rise again, which would be good news for those who have already traveled the 165-kilometer stretch of the road.

What may be the catalyst for a surge in property values in this low-cost area?

To begin plans to construct the national capital region's second international airport in Jewar are solidifying—the Uttar Pradesh government set allocated Rs 800 crore for the airport project in its annual Budget, and officials are working to bring landowners on board to acquire property. The state had previously committed Rs 1,260 crore to the Noida Authority for that reason. 

Phase-I of the Jewar International Airport could be completed by 2023 if everything goes according to plan. Residents along the Yamuna Expressway will enjoy a pleasant commute to the national capital Delhi thanks to the future airport's Metro link.

The fact that the area has been designated as an electronic manufacturing zone by the state government will ensure that multinational corporations set up business here, producing millions of employment.

"Country-specific industrial parks would be established in the region, effectively acting as a home away from home for foreign enterprises," a senior government official said last year.

These two features, when combined, would greatly enhance the appeal of Yamuna Expressway real estate, which spans through six cities and connects the national capital with Agra, the home of the Taj Mahal. Improved connectivity, improved infrastructure, and the emergence of employment opportunities would boost residential and rental real estate along the 2,689-square-kilometer Yamuna Expressway.

Landlords should expect higher rents in the future as more individuals migrate to the area in search of work. Buyers of real estate in this area, on the other hand, may have to pay more.

Those who have not yet made an investment in this economical real estate hotspot still have the opportunity to do so. According to data, developers have an unsold inventory of over 11,700 units, with about 40% of them being projected development. Luxury villas can be found here at reasonable prices for those who enjoy huge spaces. If you haven't already, this might be the time to make a favorable deal.