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The Yamuna Expressway Industrial Development Authority (YEIDA) has realised approximately INR 389 crore through the e-auction of 14 plots in close proximity to Noida International Airport in Jewar, officials said on Monday. The plots, spanning prime locations in the airport hinterland, attracted competitive bidding and were sold to developers and investors seeking to capitalise on rising demand for commercial and industrial land near the upcoming aviation hub. Auctioned land parcels ranged in size and strategic connectivity, offering potential for mixed-use, logistics, retail and other real estate developments. YEIDA said that the proceeds from the auction will support infrastructure and development activities within its jurisdiction. The success of the sale reflects sustained interest in land near Noida International Airport, which is expected to drive economic growth and urbanisation in the surrounding region.
The Yamuna Expressway Industrial Development Authority (YEIDA) has generated around INR 389 crore from the e-auction of 14 strategically located plots near the Noida International Airport in Jewar, Uttar Pradesh, officials announced recently. The sale marks a strong response from developers and investors seeking land assets close to the rapidly emerging airport ecosystem, underscoring continued demand for real estate in the region. Advertisement
According to YEIDA, the plots offered in the e-auction were situated in high-interest zones within the airport hinterland, benefiting from excellent connectivity to the aviation hub and surrounding infrastructure. The parcels varied in size and intended use, making them attractive for a range of development prospects including commercial centres, industrial facilities, logistics parks, retail complexes and mixed-use projects.
The competitive bidding process reflected sustained interest in land acquisition around the Noida International Airport, which has been positioned as a key driver of economic growth, employment and urban expansion in western Uttar Pradesh. The airport is expected to handle increasing passenger and cargo traffic in the coming years, strengthening transport and logistics linkages across the National Capital Region (NCR).
Proceeds from the auction totalling approximately INR 389 crore will be utilised by YEIDA to fund infrastructure initiatives and other developmental activities within its jurisdiction along the Yamuna Expressway and airport corridor. Officials highlighted that such sales not only augment revenue but also accelerate the pace of development in designated growth zones.
YEIDA's leadership expressed satisfaction with the outcome of the e-auction, noting that the participation of established developers and investors affirmed confidence in the airport's growth prospects and the underlying land market dynamics. The success of the auction is seen as part of a wider trend of attraction toward land and real estate opportunities in connected nodes adjacent to major transport hubs.
The strategic location of the auctioned plots is expected to create synergies for future development. With road connectivity to the Yamuna Expressway, links to Delhi-NCR and proximity to industrial belts, the land parcels are well placed to support a broad spectrum of economic activities. Investors are particularly optimistic about the potential for logistics and warehousing developments given the anticipated cargo throughput at the airport.
The e-auction follows earlier initiatives by YEIDA to monetise its land bank and stimulate private sector participation in regional development. Authorities said similar auctions could be planned in future to unlock value from other land parcels and attract further investment into the airport region and expressway corridors.
Overall, the successful sale of plots near Noida International Airport reflects robust investor interest in strategic land assets tied to infrastructure growth, providing a boost to YEIDA's development agenda and reinforcing the attractiveness of the region for real estate-led economic expansion.
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