The area of Yamuna Expressway Industrial Development Authority (YEIDA) including the region surrounding the new Noida International Airport (Jewar Airport) is quickly becoming a prime location for real estate investment. Among them, mixed land use projects are valuable. They provide facilities to accommodate both residential and commercial uses. From agricultural land for sale near Jewar Airport to residential plots near Jewar Airport, or even the YEIDA Residential Plots Scheme - this will be the blueprint through which one can navigate the investment landscape.
Understand Mixed Land Use (MLU) Projects
A mixed land use project is an approach to development which accommodates a number of land-use types-in common residential and commercial-integrated in one site; sometimes such sites also incorporate industrial uses. It was praised as an efficient use of land and a time shortening method for going from home to work. Evaluation of community settings of land use, including those under the MLU projects launched in the YEIDA area, would therefore offer an option to a developer to build a house, establish a business establishment, or both for diversified investment portfolios.
Explore YEIDA's MLU Plot Schemes
Various MLU Plot Schemes are launched by YEIDA in different sectors like 24A, 18, 22D etc. The good thing was that it was included under the scheme named YEIDA 821 Residential Plot Scheme, which has site area for plots ranging from 120 sq. m to 250 sq. m- targeting all types of investment scales. Its location near some of the key upcoming infrastructure projects such as the Noida International Airport and the proposed Film City makes it a very promising investment scheme.
Assess the Benefits of Investing in MLU Projects
Investment in an MLU project located just next to the Yamuna Expressway offers quite a few incentives:
- Flexibility: No restrictions on using site space-whether residential or commercial construction, any option is viable depending on changing needs of the market.
- High Prospects for Appreciation: One would find that property values are bound to rise in the coming years because of Jewar Airport and Film City.
- Government Backing: Investment in MLU projects has also become more secure as YEIDA continues to establish structured schemes and simple allotment procedures.
Consider Agricultural Land Opportunities
The agricultural land in close vicinity to Jewar Airport is being given due regard owing to the prospects of future developments. With urbanization taking shape, these lands would probably be converted into residential and commercial zones, thereby guaranteeing handsome returns to investors. Potential investors may explore options of agricultural land in and around Yamuna Expressway under a long-term investment perspective.
Evaluate Residential Plot Options
Residential plots adjacent to Jewar Airport are being developed under an ongoing scheme of YEIDA. Whereas YEIDA offers Residential Plot Scheme with sizes of different value ranges catering to interests of various investors, these plots are also located at a favorable distance from major highways and near commercial hubs, making them more suited to the building of homes or rental properties.
Understand the Application Process
To apply for MLU or residential plots under any of the schemes put forth by YEIDA, the following steps can be undertaken:
- Visit the Official Website: The application forms and the brochures can be downloaded from the official site of YEIDA.
- Review Eligibility Criteria: Make sure you satisfy the requirements as mentioned in the brochure of the scheme.
- Submit Application: Fill up the application form, and accompanying documents and registration fees must be submitted along with the application within the time-frame provided.
- Participate in Allotment Process: Allotment processes are conducted by interviews or draw systems, as may be defined in the related scheme guidelines.
Conclusion
Investing in projects with a mix of land use in the YEIDA region is an uncommon chance to reap real benefits in this rapidly growing area. They are poised to provide considerable returns with strategically located land plots of various sizes with backings from massive infrastructure projects.ERM Global Investors is here to help you with this investment terrain. Leveraging on our skills and commitment to our client's success, we ensure a smooth experience, from the application to the final possession. Get in touch with us today to snag the versatile property close to the Yamuna Expressway.
Address :- B-101, 1st Floor, Urbtech Trade Centre, Sector -132, GB Nagar, Noida Expressway, UP-201304
Number :- 9711199915
Website :- https://www.ermglobalinvestors.com/
Mail :- [email protected]