In the exciting development of Noida Airport expansion, the Yamuna Expressway Industrial Development Authority (YEIDA) is taking significant steps to acquire an additional 1,200 hectares of land, offering prime investment opportunities. Letsdigg, the trusted property dealer, can guide investors to make profitable decisions in this booming market.
As part of the ambitious expansion plans for the upcoming Noida International Airport, YEIDA is gearing up to initiate the acquisition process for an additional 1,200 hectares of land by the end of this year. This expansion represents a golden opportunity for investors, and Letsdigg is here to help you navigate this venture effectively.
The targeted land will be obtained from six villages located near the Aligarh district border, a strategic move that sets the stage for massive economic growth. With the recent approval from the Uttar Pradesh government for airport expansion, Noida Airport’s footprint is set to grow significantly. Letsdigg recognizes the immense potential this offers to investors seeking to profit from real estate in this area.
This 1,200-hectare addition will extend the airport’s boundaries, connecting seamlessly with the proposed logistics park in the Aligarh district, creating a hub of immense commercial value. To make the most of this opportunity, Letsdigg will guide you towards properties with the greatest investment potential, ensuring that your resources are strategically placed.
According to reports, this additional land will serve the purpose of establishing aviation-related manufacturing facilities close to the upcoming airport. This development aligns perfectly with Letsdigg’s mission to provide investors with insights into high-yield property investments.
“The land acquisition process is expected to start in two months’ time. The changes concerning the expansion of the aviation hub and the airport will be integrated into the Master Plan 2041 before sending it to the state government for the final nod,” an official source stated. Letsdigg will keep you updated on these crucial developments and how they can impact your investment strategies.
The Airport’s Expanded Area
Expanding from its initial size of 6,554 hectares to an impressive 7,754 hectares, the Noida Airport facility is poised for immense growth. Out of the initial 6,554 hectares, nearly 4,752 hectares are being acquired in four planned phases. Letsdigg’s experts will provide you with detailed insights into investment options within these phases.
The first phase involved the acquisition of 1,365 hectares of land, while the second phase saw the procurement of 1,364 hectares, specifically designated for the MRO facility. Letsdigg will assist you in identifying properties within these phases with the greatest potential for profitability.
The process of land acquisition for the third and fourth phases is currently in progress, with the state government already issuing a notification for a social impact assessment. These two phases comprise 1,318 hectares and 735 hectares of land, primarily intended for constructing three runways for the airport and other related facilities. The remaining 1,800 hectares are government-owned land, offering unique investment prospects. Letsdigg will ensure you are well-informed about the evolving real estate landscape in this expanding region.
The Noida Airport Expansion is set to commence operations in September 2024, enhancing domestic and international connectivity to and from Delhi-National Capital region (NCR), Noida, and Western Uttar Pradesh. Letsdigg is your trusted partner in seizing the opportunities arising from this monumental development, guiding you towards profitable real estate investments.
Wrapping it Up
In conclusion, the Noida Airport expansion presents a lucrative investment frontier, and Letsdigg stands ready to support investors in making informed and profitable choices. Whether you are looking to diversify your portfolio or secure high-yield real estate, Letsdigg’s expertise and insights will ensure you capitalize on the growth of this dynamic region. Don’t miss out on the chance to maximize your returns with Letsdigg by your side.