Once completed, Jewar International Airport will not only ease traffic at Delhi's IGI Airport but also create multiple job opportunities and give decent impetus to the property market in Noida, Greater Noida and Yamuna Expressway.
The Uttar Pradesh Cabinet has reportedly approved the construction of a six-lane Ganga Expressway. Worth Rs 360 billion, the expressway is expected to connect Meerut in western Uttar Pradesh to Prayagraj in the east.
DMIC Integrated Industrial Township Greater Noida (IITGNL) has been declared as the fourth industrial authority in Gautam Budh Nagar, giving a major boost to the SPV’s efforts of building a smart township along the Delhi-Mumbai Industrial corridor.
Conceptualised as an industrial town, Sector 150 falls in the peripheral area of Noida. During the mid-2000s, Sector 150 evolved as an IT hub and subsequently attracted real estate developments primarily due to effectively-planned layouts.
India’s real estate industry can hope for an impressive turnaround in 2018 as the October-December 2017 quarter witnessed an average price increase of 3.1 per cent in 46 per cent of the 750 localities across 14 major cities, reports Magicbricks PropIndex.