Yamuna Expressway Industrial Development Authority (YEIDA) was established by the Government of Uttar Pradesh with a vision to boost industrial and urban development in the region. Its creation was not only to provide a high-speed corridor to reduce travel time between New Delhi and Agra, but also to foster growth in various sectors like tourism, entertainment, leisure, and knowledge-based industries. This comprehensive development strategy aims to create a thriving ecosystem for businesses, residents, and visitors alike.
One of the key milestones in YEIDA’s journey was the allocation of residential plots, providing opportunities for both industries and residents to benefit from the region’s growth. In particular, Sector-18, 20, 22D a prime location within YEIDA, initially offered plots as small as 300 square meters. These small, strategic plot sizes were designed to cater to a wide range of needs, from small businesses to large-scale industrial developments.
In the third quarter of 2009, Yamuna Expressway Plots launched its first residential scheme, further promoting the region as a viable place for living and development. Applications were invited for leasehold residential plots in various sizes, including 300 sq.m., 500 sq.m., 1000 sq.m., 2000 sq.m., and 4000 sq.m. The draw for plot allocation was held in October 2009, and a total of approximately 21,000 plots were allotted through a transparent draw system. The pricing at the time was set at Rs. 4750 per square meter, making it an attractive offer for prospective buyers.
Fast forward to today, and these plots have appreciated significantly in value. The resale price of plots has soared, depending on the plot size and its location within the sector. As the region continues to grow and develop, the demand for these residential plots has surged, leading to premium prices in the resale market.
YEIDA’s proactive approach to urban planning and infrastructure development has positioned it as a key player in shaping the future of Uttar Pradesh. With ongoing projects and an eye toward sustainable growth, YEIDA is ensuring that the region continues to attract investment and development opportunities in the years to come.
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