Noida News: There are plans to build nearly 10,000 new flats near Noida International Airport. The Yamuna Expressway Industrial Development Authority (YEIDA) has allocated eight new group housing plots over the past two years where these flats will be constructed. This land allocation will give a big boost to residential development in the surrounding areas and will provide people with a good opportunity to buy homes.
Real Estate Benefits from the Airport
The CEO of YEIDA stated that after the airport came up, many new development projects have started. So far, over 30,000 plots have been allocated in this area, and about 1,100 of these plots are already being used for the construction of flats and houses. This is increasing both investment and demand in the local real estate market.
Allocation of Group Housing Plots
YEIDA has allocated eight group housing plots in SECTOR 22D within the past two years. These plots have been given to both large and small builders, making it possible to construct a variety of flats. Due to the preferred location of the area, these projects can take shape quickly, enabling a large construction activity of new homes.
Opportunities for Homebuyers
The construction of new flats will provide a great opportunity for people looking to buy a new home or invest. Living near the airport means better connectivity and easy access to new markets and amenities. Because of this, real estate prices are also seeing strong growth, and the demand for these homes is likely to increase further in the future.
Additional Indicators of Development in the Area
Around the UP and Noida International Airport, not just homes, but new employment opportunities are also being created. Plans for industrial and technology hubs near the airport are underway, which will boost new jobs and economic activity in the coming years.
Promoting city population and facilities
With the construction of 10,000 flats in the surrounding areas
Development of basic amenities,
Increase in the number of schools, hospitals, and markets,
New roads and connectivity
will also be enhanced. This will make the area more populated and prosperous.
YEIDA’s Development Goal
YEIDA aims to transform this region into a major residential and commercial hub where people can not only buy homes but also enjoy a better standard of living. The demand for housing near the airport is expected to rise in the future as living here will benefit people from all walks of life.