Why Are YEIDA Hospital Plots Near Jewar Airport Emerging as a High-Growth Healthcare Infrastructure Investment?
What are Yeida Hospital Plots and Why are They Significant?
The Yamuna Expressway region is experiencing fast-paced development, and among all the sectors, healthcare infrastructure has started receiving prominence. The emergence of Noida International Airport along with new Noida requires the establishment of healthcare infrastructure such as hospitals and other health institutions.
To address this issue, YEIDA Master plan 2041 has initiated a Hospital Plot Scheme in certain areas near Jewar Airport. The plots can be used for constructing multi-specialty hospitals, super-specialty healthcare facilities, maternity hospitals, etc.
As against other real estate sectors, healthcare infrastructure has its own significance, which is crucial for regional growth.
Where Are YEIDA Hospital Plots Located?
One of the key benefits of the proposal is the location of the project.
The Hospital Plots are located in:
- Sector 18 YEIDA
- Sector 20 YEIDA
- Sector 22E YEIDA
These sectors have great connectivity with:
- Noida International Airport (Jewar Airport)
- Yamuna Expressway
- Greater Noida
- Delhi NCR
- Future Noida Area
The prime location makes the hospital plots ideal for hospitals looking for growth opportunities.
What Are the Plot Sizes Available Under the YEIDA Hospital Plot Scheme?
There have been several plot sizes provided by the YEIDA for various healthcare projects.
Available Plot Sizes
- 5,000 Sq. Mtr.
- 5,300 Sq. Mtr.
- 6,378 Sq. Mtr.
- 10,115 Sq. Mtr.
- 10,900 Sq. Mtr.
Larger plots such as these are appropriate for:
- Multi Speciality hospitals
- Super Speciality hospitals
- Diagnosis centers
- Children’s welfare centers
- Maternity hospitals
- Research facilities
What Is the Price of Hospital Plots in YEIDA?
From the terms of the scheme, the allocation charges come out to be:
₹27,330 Per Square Meter
On the basis of size and sectors, the approximate total premium amount varies from ₹13 crore to ₹29 crore.
The large sized plots are enough to accommodate the necessary health care infrastructure and other services.
Why Invest in YEIDA Hospital Plots?
One common query that many investors have in mind is, “Why would someone prefer Hospital Plots than any other?
The reason for this will be clear once you understand the concept of future demand.
Growing Population
More residential, industrial, and commercial units are being built near Jewar Airport. The need for healthcare is bound to increase with rising population.
Airport-Led Development
Noida International Airport will emerge as one of the major centers for aviation in India, bringing prosperity to this area.
Essential Infrastructure
Healthcare is a basic need sector. Hospitals will always play an essential role in all cities.
Strategic Connectivity
Sectors 18, Sector 20, and Sector 22E offer great connectivity from Yamuna Expressway and Delhi NCR.
How Will Jewar Airport Increase Healthcare Demand?
The development of the Noida International Airport is likely to bring:
- Companies
- Professionals
- Industries
- Residential Areas
- Logistics Businesses
As more people and activities take place, the requirement for hospitals and healthcare facilities will increase.
Healthcare thus plays a vital role in the YEIDA Master Plan 2041.
What Is the Role of ERM Global Investors?
ERM Global Investors is a professional real estate service organization dealing with projects within YEIDA and Yamuna Expressway Area.
Global Investors helps the investors by providing:
- Information about Projects
- Market Information
- Assistance in Application Procedure
- Site Selection
- Advice on Investments
ERM Global Investors functions solely as a service provider.
Conclusion
Healthcare Infrastructure Development at Hospital Plots in Sectors 18, 20, and 22E of YEIDA can be considered as a viable business opportunity considering its proximity to Noida International Airport. Since plot sizes can vary between 5,000 sq. m. to 10,900 sq. m. and the price for allotment is ₹27,330 per sq. m., such an institution plot will definitely gain from the development process facilitated by the airport. ERM Global Investors acts as a professional consultancy service that helps its clients analyze the projects, locations, and market potential.
Frequently Asked Questions
Q1: What is the meaning of YEIDA Hospital Plots?
Answer: Hospital Plots are the lands available to be purchased by institutions having hospitals or healthcare facilities.
Q2: In which areas are Hospital Plots located?
Answer: Hospital Plots are located in Sector 18, Sector 20, and Sector 22E near Jewar airport.
Q3: What is the allotted rate?
Answer: Allotted rate is ₹27,330 per sq.m.
Q4: Are one able to construct hospitals and diagnostics facilities on Hospital Plots?
Answer: Yes, according to the scheme guidelines and regulations.
Q5: Are Commercial Plots different from Hospital Plots?
Answer: Yes, due to the fact that Commercial Plots can be used for commercial purposes while Hospital Plots can be used for medical uses.
Q6: What is the objective of ERM Global Investors?
Answer: The company provides such services as project counseling, but it does not sell the plots.
