‘Japanese’ and ‘Korean’ Cities In Noida Will Boost Real Estate Development Near Jewar Airport
by Admin, 23 March 2024
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The development of ‘Japanese’ and ‘Korean’ industrial cities in Noida is expected to accelerate the development of the real estate market by generating demand for residential and commercial properties.
Yamuna Authority is planning to designate two sectors in the Gautam Buddh Nagar district as ‘Japanese’ and ‘Korean’ industrial cities and with that not only bilateral relations with Japan and Korea will strengthen but also provide an opportunity for Noida to embark itself globally.
With this development, the real estate market will see a surge in the upcoming days. It will provide a whole lot of options for investors to invest in. This will also attract foreign investment which will lead to economic growth and overall infrastructural development.
The inauguration of the Jewar airport in Noida, which is situated merely 10 kilometers away from the proposed locations of these cities, is anticipated to provide a significant impetus to both projects.
According to a report by Live Hindustan, firms from Japan and Korea will establish their industrial facilities in these designated cities. The Japanese city will be situated in sector 5A of the expressway, while the Korean city will be located in sector 4A. Additionally, residential zones will be developed within these cities to accommodate foreign personnel.
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