GREATER NOIDA: Two ambitious big-ticket projects of Greater Noida hanging fire for almost several years are likely to see the light of day soon. This was said by Deepak Agarwal, CEO, Greater Noida Industrial Development Authority (GNIDA) on Monday after a joint board meeting of the three development authorities of Gautam Budh Nagar.
According to GNIDA officials, the Board on Monday has approved in-principle draft Request For Proposal for both projects. “Soon we will initiate the RFP and invite companies to come forward with their proposals,” Agarwal said. “This is a step forward for the two projects, which are on the UP chief minister’s list of priorities,” he said.
Officials further said that while the Detailed Project Report (DPR) for the Heliport has already been approved, along with a No Objection Certificate from the Uttar Pradesh Irrigation department. The Rs 50 crore heliport will be constructed across a 22-acre open area falling in Safipur village, which is located along the Noida-Greater Noida expressway near the Gautam Budh University. “An additional 15 acre of land has also been reserved for future expansion of the aviation project,” said Agarwal. “After the RFP, we will select a consultant for the project to be developed on PPP model. This process should be completed soon, after which work on the project will commence,” he added. The project will be in place two years after construction starts.
Agarwal further detailed the ambitious Night Safari project saying the business plan for the proposed project was also in place. The project is to be developed on PPP model. As per the business plan, the developer will be allowed commercial activity in the reserved recreational green area. This has been done so that the project becomes viable and any losses meted out. This activity could include putting up a resort, club, bar, etc. The Rs 750 crore project will be developed across 337 acres. The core area will be built across 200 acres, while the rest of the area will be used for business activities. Once tenders are finalized and construction commences, the project to be developed on land adjoining Gautam Budh University campus on Yamuna Expressway is expected to be delivered to public by 2017.