The Yamuna Expressway Industrial Development Authority (YEIDA) has raised ₹389 crore through the e-auction of three group housing plots covering approximately 13 acres near the upcoming Noida International Airport in Jewar.
The reserve price for the three plots was set at ₹283 crore – meaning final bids exceeded that threshold by roughly ₹106 crore, a strong indicator of developer confidence in the corridor. Provence Developers bid ₹95 crore for one plot, Eldeco Infrastructure & Properties secured another at ₹105 crore, and Northwind Estate submitted the highest bid at ₹189 crore. With this, the total number of group housing plots allotted by YEIDA since 2024 has reached 11.
The Yamuna Expressway belt has quietly become one of North India’s most closely watched real estate corridors. Stretching from Greater Noida to Agra and anchored by the forthcoming Noida International Airport at Jewar, the zone is no longer speculative territory, institutional developers are now committing nine-figure bids in competitive auctions.
The airport is expected to handle increasing passenger and cargo traffic in the coming years, strengthening transport and logistics linkages across the NCR. Supporting this is a dense pipeline of adjacent projects: a ₹640 crore logistics hub in Tappal covering 166 hectares, a ₹3,000 crore solar manufacturing hub by RP-Sanjiv Goenka Group in Sector 8D, and EV component manufacturing by Minda Corporation in Sector 10, creating an ecosystem that goes well beyond just airport proximity.
The auction result provides indirect but meaningful intelligence. When established builders like Eldeco outbid reserves in a government-run competitive process, it validates the medium-term case for residential appreciation in adjacent sectors. YEIDA’s ongoing Residential Plot Scheme 2025 (RPS-09/2025) offers 276 plots in Sector 18, with 214 plots earmarked for general applicants and reserved categories for farmers and functional industries. Allotment follows a lottery system, keeping the process transparent and accessible.
The key takeaway is that YEIDA land is government-leasehold (90 years) not freehold, which affects resale flexibility. Auction proceeds are being reinvested directly into infrastructure and utilities across the corridor, meaning plot buyers benefit from a feedback loop where sales activity funds the very infrastructure that drives further appreciation.
