+
Flat prices surge 170% on NCR's Yamuna Expressway in 5 years
Real Estate

Flat prices surge 170% on NCR's Yamuna Expressway in 5 years

Apartment prices along the Yamuna Expressway in the Delhi-NCR region have surged by 170%, while land prices have increased by an astonishing 450%, according to a report by property consulting firm GeetanjaliHomestate. In 2020, despite the onset of the COVID-19 pandemic, there was a slight appreciation in prices, with apartments averaging between Rs 3,200 - 3,300 per sq ft, and land prices remained stable at Rs 1,250 - 1,300 per sq ft.

The real estate market in the area began gaining momentum in 2021, with the return to normalcy and increased interest in suburban properties. Apartment prices rose to Rs 3,400 - 3,600 per sq ft, while land prices saw a notable increase to Rs 2,000 - 2,200 per sq ft. By 2022, improved infrastructure and the growing appeal of the Yamuna Expressway as a prime location drove further increases, with apartment prices reaching Rs 3,600 - 3,800 per sq ft and land prices nearly doubling to Rs 3,400 - 3,600 per sq ft.

By 2023, apartment prices had jumped to Rs 4,900 - 5,100 per sq ft, and land prices soared to Rs 5,900 - 6,100 per sq ft. This rise was largely attributed to key developments such as the upcoming Jewar Airport, the expansion of the Noida International Airport, and enhanced connectivity through the Delhi-Mumbai Industrial Corridor (DMIC). As of 2024, the report highlighted that apartment prices had reached an average of Rs 7,900 - 8,100 per sq ft, while land prices now average between Rs 6,900 - 7,100 per sq ft, reflecting a 170% increase in apartment prices and a 450% growth in land prices over the past five years.

Additionally, builder floor prices have shown significant growth, with a 35.6% rise in the past year and a 43.5% increase over the last three years. Sunil Sisodiya, Founder of GeetanjaliHomestate, attributed the remarkable price surge along the Yamuna Expressway to factors such as its strategic location, the development of Jewar Airport, and other infrastructural improvements, which have enhanced the area's connectivity and appeal. Sisodiya noted that the rising demand for residential and commercial spaces, driven by an increasing preference for suburban living, has played a major role in driving property prices to new heights, making the Yamuna Expressway a rapidly emerging real estate hotspot. The report further emphasised that the preference for spacious living, fuelled by remote work culture and the desire for a better quality of life, has been crucial in boosting demand for properties in the area.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Apartment prices along the Yamuna Expressway in the Delhi-NCR region have surged by 170%, while land prices have increased by an astonishing 450%, according to a report by property consulting firm GeetanjaliHomestate. In 2020, despite the onset of the COVID-19 pandemic, there was a slight appreciation in prices, with apartments averaging between Rs 3,200 - 3,300 per sq ft, and land prices remained stable at Rs 1,250 - 1,300 per sq ft. The real estate market in the area began gaining momentum in 2021, with the return to normalcy and increased interest in suburban properties. Apartment prices rose to Rs 3,400 - 3,600 per sq ft, while land prices saw a notable increase to Rs 2,000 - 2,200 per sq ft. By 2022, improved infrastructure and the growing appeal of the Yamuna Expressway as a prime location drove further increases, with apartment prices reaching Rs 3,600 - 3,800 per sq ft and land prices nearly doubling to Rs 3,400 - 3,600 per sq ft. By 2023, apartment prices had jumped to Rs 4,900 - 5,100 per sq ft, and land prices soared to Rs 5,900 - 6,100 per sq ft. This rise was largely attributed to key developments such as the upcoming Jewar Airport, the expansion of the Noida International Airport, and enhanced connectivity through the Delhi-Mumbai Industrial Corridor (DMIC). As of 2024, the report highlighted that apartment prices had reached an average of Rs 7,900 - 8,100 per sq ft, while land prices now average between Rs 6,900 - 7,100 per sq ft, reflecting a 170% increase in apartment prices and a 450% growth in land prices over the past five years. Additionally, builder floor prices have shown significant growth, with a 35.6% rise in the past year and a 43.5% increase over the last three years. Sunil Sisodiya, Founder of GeetanjaliHomestate, attributed the remarkable price surge along the Yamuna Expressway to factors such as its strategic location, the development of Jewar Airport, and other infrastructural improvements, which have enhanced the area's connectivity and appeal. Sisodiya noted that the rising demand for residential and commercial spaces, driven by an increasing preference for suburban living, has played a major role in driving property prices to new heights, making the Yamuna Expressway a rapidly emerging real estate hotspot. The report further emphasised that the preference for spacious living, fuelled by remote work culture and the desire for a better quality of life, has been crucial in boosting demand for properties in the area.

Next Story
Infrastructure Urban

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Next Story
Infrastructure Urban

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Next Story
Infrastructure Urban

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?