YEIDA to Offer 19 Group Housing Plots Near Noida Airport
Real Estate

YEIDA to Offer 19 Group Housing Plots Near Noida Airport

The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled plans to offer 19 group housing plots near the upcoming Noida International Airport. This initiative is part of a broader strategy to enhance residential infrastructure in the region and attract more investment.

Located in proximity to the Noida International Airport, these plots are expected to draw significant interest from real estate developers. The airport, anticipated to be a major transport hub, has already spurred considerable commercial and residential interest in the surrounding areas.

Arun Vir Singh, CEO of YEIDA, highlighted the potential benefits of this move, stating that the availability of these plots will cater to the growing demand for housing in the region. The development of these plots is expected to provide high-quality residential options and contribute to the region's economic growth.

The 19 plots range in size, catering to various residential projects from mid-sized housing complexes to larger group housing societies. This diversity in plot size is designed to accommodate different developer requirements and housing needs.

YEIDA's decision comes at a time when the region is witnessing a surge in infrastructural projects. Besides the Noida International Airport, other key developments include the expansion of metro rail connectivity and road infrastructure improvements, making the area more accessible and livable.

The plots will be allocated through an e-auction process, ensuring transparency and fair competition among bidders. This process is expected to commence soon, with details regarding the auction to be made available on the YEIDA website.

The strategic location of these plots near the airport and the upcoming industrial and commercial hubs makes them a lucrative investment opportunity. The increased connectivity and infrastructural advancements are likely to drive up the demand for residential properties in the area.

Real estate experts have expressed optimism about YEIDA?s plan, noting that the development of these group housing plots will not only meet the residential demand but also enhance the overall socio-economic fabric of the region.

YEIDA's initiative to offer these plots is a forward-thinking move aimed at fostering balanced urban development. As the Noida International Airport project progresses, the surrounding area is poised to become a thriving residential and commercial hub, benefiting both residents and investors.

The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled plans to offer 19 group housing plots near the upcoming Noida International Airport. This initiative is part of a broader strategy to enhance residential infrastructure in the region and attract more investment. Located in proximity to the Noida International Airport, these plots are expected to draw significant interest from real estate developers. The airport, anticipated to be a major transport hub, has already spurred considerable commercial and residential interest in the surrounding areas. Arun Vir Singh, CEO of YEIDA, highlighted the potential benefits of this move, stating that the availability of these plots will cater to the growing demand for housing in the region. The development of these plots is expected to provide high-quality residential options and contribute to the region's economic growth. The 19 plots range in size, catering to various residential projects from mid-sized housing complexes to larger group housing societies. This diversity in plot size is designed to accommodate different developer requirements and housing needs. YEIDA's decision comes at a time when the region is witnessing a surge in infrastructural projects. Besides the Noida International Airport, other key developments include the expansion of metro rail connectivity and road infrastructure improvements, making the area more accessible and livable. The plots will be allocated through an e-auction process, ensuring transparency and fair competition among bidders. This process is expected to commence soon, with details regarding the auction to be made available on the YEIDA website. The strategic location of these plots near the airport and the upcoming industrial and commercial hubs makes them a lucrative investment opportunity. The increased connectivity and infrastructural advancements are likely to drive up the demand for residential properties in the area. Real estate experts have expressed optimism about YEIDA?s plan, noting that the development of these group housing plots will not only meet the residential demand but also enhance the overall socio-economic fabric of the region. YEIDA's initiative to offer these plots is a forward-thinking move aimed at fostering balanced urban development. As the Noida International Airport project progresses, the surrounding area is poised to become a thriving residential and commercial hub, benefiting both residents and investors.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?