Land rates in YEIDA area soar with Jewar airport coming up

25 Jul 2022 CW Team

The Yamuna Expressway Industrial Development Authority (YEIDA) area, where the Jewar airport is coming up near Noida in Uttar Pradesh, is currently the most in-demand area in India, and has registered 38 per cent rise in land rates in three years, the highest in the country.

A report released by real estate researchers Anarock showed that the average prices of plots on Yamuna Expressway, which stood at Rs 1,600 per square foot in 2019, have now risen to Rs 2,200 per sq ft.

“The sharp rise in prices in the YEIDA area is the result of the construction of the Jewar International Airport. This is the highest land price rise that a micro market has seen among the top seven cities,” Anarock vice chairman Santhosh Kumar said. The chief executive of YEIDA and Noida International Airport Ltd, Arun Vir Singh, said the prevailing market rates of land in YEIDA are much higher than the circle rates at which YEIDA is offering plots.

“Our current circle rate for YEIDA is Rs 18,510 per sq m. The market rates for these plots, we have learned, is around Rs 25,000 to Rs 30,000 per sq m,” Singh said.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..