The YAMUNA EXPRESSWAY offers large land parcels, as expected it is acting as a magnet for real estate development projects. With land availability in Noida becoming limited, this stretch acting as the next node for large-scale developments such as integrated townships and logistics and warehousing hubs.
The expressway, which took around 47 months and Rs 13,300 crores to build, is 165 km long, runs from Greater Noida to Agra, crossing Aligarh and Mathura with several new real estate projects.
Construction is on full swing of various projects running along this expressway. The population near to Delhi / NCR enjoying free visit to view various township & residential projects, while the population far away from this location monitoring day to day progress on Google. Now a day’s high traffic keywords on Google are “Hot projects on Yamuna Expressway”, “Real Estate Projects near Yamuna Expressway”, “Yamuna Expressway Project” etc.
Now the price of these projects are decided with the factor “How far is the project from Yamuna Expressway”. Greater Noida is a major attractor of real estate investments in the state, encouraging Government and authorities to provide better amenities in this region. As a result UP CHIEF MINISTER CLEARED TWO MAJOR ROUTES OF METRO first is Noida City Center to Greater Noida, & second is Noida City Center to Sector -62.
The proposed Delhi Mumbai Industrial Corridor expected to pass through Dadri will also boost development of warehousing and Special Development Zones along both sides of the Expressway.
Greater Noida keeping pace in terms of infrastructural developments, this region is expected to see well-rounded development on all fronts. An area with low prices and upcoming projects also at low price-points, enough scope for future developments and investment in infrastructure projects to create a well-developed hub equals a good investment option.
Residential apartment prices have remained largely stagnant since the Expressway completion, with projects further down this stretch launched at lower prices as well.
The appreciation is likely to show an upward trend here, though the other established residential corridors in NCR may cause such appreciation to be lower and slower going forward. For end-users, low price points with projects by major developers present an equally viable opportunity.
Keeping this entire factor in mind and after the successful completion of MAHALUXMI GREEN MANSION, Migsun group formerly known as Mahaluxmi, announced new soft launch residential project at Sector Omicron III. The project is composed in 6.5 acre of area and a PODIUM BASED PROJECT. This is hot project for the buyers who are looking a nicely designed apartment with all facilities of water, electricity and security with good social life.
Migsun offerings four sizes of apartment for the buyers,2 BHK FLAT (AREA 1005 SQ. FT), 2BHK PLUS STUDY (AREA 1140 SQ. FT), 3BHK PLUS 2 TOILET (AREA 1375 SQ. FT), 3BHK PLUS 3 TOILET + STUDY (AREA 1595 SQ. FT.). This is hot project for the buyers who are looking a nicely designed apartment with all facilities of water, electricity and security with good social life.
For Migsun Ultimo more info visit WWW.MIGSUNULTIMO.ORG.IN.
Written By : Manish Kansal ( Investor Aura (P) Ltd.)