Noida Expressway Vs Yamuna Expressway
Have a budget of Rs 40-70 lakh? Are you eying a locality with a green cover, without compromising on affordability, connectivity and amenities in Delhi NCR? If yes, read on.
Noida Expressway and Yamuna Expressway are two markets that not only boasts of well-fabricated social and physical infrastructure, but also promises high quality of living. Currently, as per data with CommonFloor.com, there is healthy supply of properties, both in affordable (less than Rs 40 lakh) and economic range (Rs 40-70 lakh).
But should you buy in Noida Expressway or Yamuna Expressway? Let’s find out. We will be analysing the two areas on the basis of sale price, rent, rental yield, size, market segmentation and BHK configuration.
|
Noida Expressway |
Yamuna Expressway |
|
|
Weighted Average Price (Rent) |
25603.46 |
21490.50 |
|
Weighted Average Area or Size |
1037.78 |
1369.13 |
|
Weighted Average Price (sale) |
5226.83 |
3281.80 |
|
Average Rental Yield |
4.49 |
5.74 |
From the above table, one can infer that rental values in Noida Expressway is more than that of Yamuna expressway. This is mostly because of the swift connectivity of Noida expressway to Delhi and Noida. As per the property type, Yamuna expressway has more spacious apartments or flats. Cashing on the low land cost, several developers came up with lot of projects in the area.
Currently, price per sq ft of Noida expressway is 60 per cent more that of Yamuna expressway, which explains that the demand along Noida expressway is more. thus, investors can also consider Yamuna expressway and garner healthy rental yield.
According to latest listing data available in CommonFloor.com, Yamuna Expressway has more of affordable(less than Rs 40 lakh) and luxury(more than Rs 70 lakh) projects that are attracting both middle-income and high-income group people. Whereas, Noida expressway has most properties in the Economic(in between Rs 40-70 lakh) category.
It is also observed that the number of 3BHK properties and 4BHK properties are more along Yamuna expressway, but the number of 2BHK properties are available more along Noida expressway.
Thus,home-buyers who give high preference to the connectivity can choose Noida expressway and home-buyers who would prefer luxurious and spacious properties at a better price can prefer to choose Yamuna expressway.
