Land prices near Noida airport...

HOWEVER, THE LAND deals transacted thus far account for only 1.5% of the 25,000-plus-acre development pipeline of the Yamuna Expressway Industrial Development Authority (YEIDA).

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With good infrastructure, availability of land and new airport, developers are seeing good opportunities for real estate development near the airport.

The upcoming auctions should throw up more transactions, Mayank Saksena, MD and CEO - land services, Anarock Property Consultants, said.

Industrial and commercial property developers too are looking to launch projects in the area. Foxconn is negotiating a deal for 300 acres for an electronics park along the Yamuna Expressway, according to industry sources.

Sify Infinit and Jackson Group have won two data-centre plots totalling 10 acres. YEIDA itself is buying 13,300-acre agricultural land which it wants to develop and allot to developers for commercial and industrial projects.