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Vertical construction at the Noida International Airport site and on track for timely completion by end of 2024, in Noida. (PTI Photo)
This initiative, part of the broader development efforts surrounding the Noida International Airport, will focus on promoting commercial activities in Yamuna City, specifically in Sector 22D and Sector 22A.
In a strategic move to boost commercial development in Greater Noida, the Yamuna Development Authority (YDA) unveiled a new scheme aimed at enhancing investment opportunities. This initiative, part of the broader development efforts surrounding the Noida International Airport, will focus on promoting commercial activities in Yamuna City, specifically in Sector 22D and Sector 22A.
Scheme Details
The newly-launched scheme by the Yamuna Expressway Industrial Development Authority (YEIDA) offers a variety of commercial properties. The plan includes the allocation of six types of commercial plots and five types of shops. Interested parties can apply online for these properties until September 6.
Plot and Shop Specifications
The scheme features shops and offices ranging from 33.22 square metres to 116.33 square metres, and commercial plots varying from 112 square metres to 140 square metres. Each property is designed to cater to diverse commercial needs and promote investment in the area.
Pricing Structure
For those interested in purchasing shops, the Yamuna Authority has set specific premium prices. Shops SR-111 and SR-113, with an area of 33.22 square metres each, are priced at Rs 1.19 crore. Larger shops SR-101 and SR-201, each covering 116.33 square metres, are priced at Rs 2.6 crore. Additionally, shop SR-202, with an area of 105 square metres, is priced at Rs 1.87 crore.
Strategic Location and Connectivity
The newly available plots and shops are situated in a prime location with excellent connectivity. They are conveniently close to key infrastructure projects, including the Noida International Airport, the International Film City, the Medical Device Park, and the Dedicated Freight Corridor in Jewar, Noida.
Projected Impact and Benefits
The YEIDA anticipates significant benefits from this scheme, given the strategic location and competitive pricing. Previous schemes launched by the authority have been well-received, and expectations are high that this initiative will also succeed in attracting substantial investment. Further details about the scheme are available on the official Yamuna Authority website, where prospective applicants can find more information and submit their applications.