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NH24: The Highway of Investment Opportunity

  1. NH24 is the lifeline of NCR and is the next big investment destination.
  2. Government has finalized an expenditure amount of Rs 6,450 crore on the development of infrastructure of the NH24, which mainly includes the plan to widen the present stretch of NH24 to a 14-lane expressway.
  3. In the coming years, NH24 would have excellent connectivity with plans to construct a 105-km high speed six-lane Eastern Peripheral Expressway and expansion of NH91 that connects Ghaziabad to Kanpur.
  4. The starting point of the Delhi-Mumbai Industrial Corridor (DMIC) would be NH24.
  5. NH24 has become a perfect destination for investment as it has more than 14 hospitals, 39 educational institutes and many shopping complexes.
  6. Many multi-national companies such as Ericsson, NIIT, Xerox, BirlaSoft, GE and many Small and Medium Enterprises (SMEs) are located on NH24.
  7. To ease the traffic flow on the NH24, 5 underpasses would be constructed between Noida and Ghaziabad.
  8. With great infrastructure facilities for better connectivity, expanding civic amenities in and around NH24 and buying property for many first time investors in Delhi becoming unaffordable, the area is attracting huge real estate investment in the affordable segment.

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