The auction of nine group housing plots by the Yamuna Expressway Industrial Development Authority (YEIDA) has resulted in a successful transaction worth over Rs 1,000 crore. These plots are intended for the development of luxury residential projects near the upcoming Noida airport.

Several well-known real estate developers, including Eldeco, Purvanchal Projects, Arihant Buildwell, and Gaursons, have secured bids for these plots located in YEIDA Sectors 18 and 22D, which are strategically positioned along the Yamuna Expressway. YEIDA is responsible for overseeing the development of areas adjacent to this important expressway in western Uttar Pradesh, which further enhances the attractiveness of the region for residential investment.

The growing demand for real estate in the region is driven by the expected opening of the international airport at Jewar in the near future. This reflects the attractiveness of the region for residential investment. The auction of these plots highlights the potential for luxury residential projects near the upcoming Noida airport.