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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..