NCR real estate to benefit from Yamuna Expressway: Property experts
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors.
A hike of 30 per cent in property prices is expected as the Expressway is opened.
Sameer Gaur, joint MD of Jaypee group, expresses his opinion that the area will become an attractive destination for investment and investors can derive higher capital values.
Jaypee Group, the expressway promoter, is developing five integrated townships on 500 hectares each at Noida, Jaganpur, Mirzapur, Tappal and Kuber near Agra.
Along with housing projects, various Indian and multinational companies have started moving to this region and the well-connected region is on its way to become the most sought after realty destination.
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