Sector 26 Yamuna Expressway Property

Incessant rains between July 25 and July 26 have exposed the wide holes in national capital Delhi's infrastructure. At a time when the water level of the Yamuna is seen flowing above the danger mark, the city administration has yet to devise a plan to keep its citizens safe in case of a flood-like situation.

Farmers whose land was acquired by the Noida authority between 1997 and 2009 for various development projects would now be provided residential plots close to their villages. The Noida Authority has taken the decision amid farmers complaining only “influential” parties were able to get a plot in the lucrative sectors.

Causing huge traffic jams and breaking down of vehicles, Noida roads are known for all the wrong reasons. The Noida Authority, however, now plans to up its sleeves and begin the task of resurfacing the damaged roads covering 300 kilometres of area. The drive will include all the arterial corridors which experience high traffic, internal roads in the residential and industrial pockets of the town and roads which have not been repaired in the last four years. The authority is presently awarding contracts worth Rs 300 crore for the road resurfacing work which is likely to begin in a few days.

Although planned for high-speed commuting, Yamuna Expressway has now become a notorious accident-prone stretch, raising safety concerns. The media has reported several cases of traffic violations, leading to 105 and 110 accidental deaths on the expressway in 2016 and 2017, respectively.

The Yamuna Expressway Industrial Development Authority has signed pacts with as many as 28 private players who promised to invest as much as Rs 10,074 crore in the region. To make sure investment promises do not go to cold storage, the agency will soon start the process to allocate land to these companies to set industrial units in the region. If all the companies set their units in the region, 28,000 new jobs will be created, apart from five lakh indirect jobs. This could give a major boost to real estate in the region.