YEIDA
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What Makes Yamuna Expressway The New Real Estate Investment Hot Spot?
For years, the Yamuna Expressway was simply known as a smooth drive to Agra. Residential townships and properties being developed along the Yamuna Expressway were ghost towns. Today, it has transformed into one of the most promising real estate investment corridors in India. The Yamuna Expressway, once just a fast route to Agra, is now
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‘Leasing Guarantee’ Trap Hurting Commercial Real Estate Investors
Imagine this: Someone approaches you to lease your property with the intent to sub-let. The person wants a 9-year lease with a fixed lease for the first 3 years. For the rest tenure, your rental is linked to the lease rent paid by the sub-tenants which your tenant will control. The tenant will have no
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Urban Expansion: UP Developing Five New Townships Near Noida
As the local real estate and economy witnesses a huge boost from the upcoming Noida International Airport, set to open in 2025, the Uttar Pradesh government plans to develop several urban townships. The Uttar Pradesh government will develop five new cities across 56,000 hectares of land to the east of Noida. These new townships are
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YEIDA Launches New Residential Plot Scheme Near Noida International Airport
The Yamuna Expressway Industrial Development Authority (YEIDA) has introduced a new residential plot scheme on Yamuna Expressway, offering 451 plots in proximity to the Noida International Airport in Jewar. YEIDA’s latest residential plot scheme (Scheme Code : RPS08(A)/2024) targets mid-income group buyers, with plots available in five distinct categories, catering to varying needs and budgets.
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YEIDA to Make Registered Agreement Mandatory for Property Sale by Developers
The Yamuna Expressway Industrial Development Authority (YEIDA) is planning to require that all property sales by real estate developers must be conducted through registered agreements. According to a news report by Hindustan Times, this decision, made on September 27, 2024, aims to protect homebuyers and bring more transparency to real estate transactions. The authorities in