Noida Expressway – Project Completions Key to Future Prospects by : Editor Published on : 29 Nov, 2019 12:00 PM IST
Noida Expressway – Project Completions Key to Future Prospects By : Editor Published On : 29 Nov, 2019 12:00 PM IST - Sadiq Din - A 25 km-long high-speed link, Noida Expressway connects Delhi with Noida and further to Greater Noida. The expressway was primarily built to reduce congestion on NH-2, which passes through NCR cities like Faridabad, Ballabgarh and Palwal. Noida Expressway comprises of Sectors 44, 93B, 94 to 96, 98, 100, 104, 107, 108, 110, 127 to 129, 131, 133 to 135, 142 to 144, 143B, 146 to 149, 152 to 154, 157, 159, 161, 167 and 168. Noida Expressway has seen a lot of market hype, and the corresponding expectations for a stretch that actually had very humble beginnings were high. A few decades ago, most of these sectors along the expressway were huge tracts of agricultural land. Over the years, these land parcels were acquired by the civic authorities and auctioned to major realty firms. The land has been allotted on leasehold basis for a period of 90 years, after which ownership reverts to the civic authority. Several multinational companies including BPOs and IT/ITeS firms have mushroomed along the expressway. The rise in commercial spaces coupled with excellent connectivity and regular infrastructure upgrades have led to rapid residential developments in the region. Noida Expressway actually has a lot going for it in terms of economic potential, as well as connectivity: Road: Noida Expressway is a 6-lane road. Further, it connects to Yamuna Expressway (connecting Greater Noida to Agra) and the Delhi Noida Direct (DND) Flyway (to Delhi).
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