The Yamuna Expressway Authority is set to establish a substantial 5,000-hectare land bank near the airport by June. This strategic move aims to meet the growing demand for real estate in the region and facilitate planned urban development around the airport vicinity.
The initiative reflects the authority's proactive approach to urban planning and capitalising on the economic potential around the airport. By creating a sizable land bank, the Yamuna Expressway Authority positions itself to attract investment, drive infrastructure development, and cater to the increasing demand for residential and commercial spaces.
The 5,000-hectare land bank is strategically located near the airport, presenting an opportunity for integrated development and enhancing connectivity. This move aligns with the broader vision of fostering sustainable and well-planned urban growth, accommodating the needs of businesses and residents alike.
As the deadline for the establishment of the land bank approaches in June, the Yamuna Expressway Authority's proactive land acquisition strategy is poised to play a crucial role in shaping the future landscape of the region. The initiative not only supports economic growth but also positions the authority as a key player in steering urban development around the airport area, creating a favourable environment for real estate development and investment.
