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Area development

Delhi Varanasi bullet train to stop in Noida sector 148 and Jewar Airport

https://tricitytoday.com/amp/news/there-will-be-two-bullet-train-stations-in-gautam-budh-nagar-this-will-be-the-only-district-between-delhi-and-varanasi-stations-to-be-built-here-13126.html

Great news for development of area as well as Society project that will now be between the two bullet train stations.

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Area development

Land prices surging in Yamuna Expressway due to Noida International Airport.

Land prices near Jewar airport in Uttar Pradesh, the first phase of which is expected to be completed by 2024, could surge by up to 100% with prices of residential real estatelikely to increase by up to 50% over the next five to seven years, as connectivity to the area improves with key infrastructure projects materializing in the coming years, industry experts said.

The western Noida area of Uttar Pradesh, where the Jewar airport is located, has emerged as a realty hotspot with all the requisites for affordable housing and better living conditions, giving a commercial and infrastructural fillip to the National Capital Region (NCR), said Anshuman Magazine, chairman and chief executive, India, South East Asia, Middle East and Africa, at commercial real estate services and investment firm CBRE.
https://www.livemint.com/news/india/cost-of-land-near-jewar-airport-to-surge-11617904994848.html

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Area development

Noida completes allotment of 2 lakh sqm Industrial Land to 13 companies worth Rs 344Cr.

The Noida Authority on Wednesday said it has allotted industrial land to 13 companies, including Adani Enterprises and Dixon Technologies, in a move that would bring in investments worth ₹3,870 crore in Noida region, Uttar Pradesh.

Adani Enterprises has been allotted 39,146 sq metres of land in Sector 80 for a proposed data centre and the business group is expected to invest ₹2,500 crore in Noida, the authority said in a statement.
“The Adani Enterprises will set up a data centre which would not only lead to development in the region but also generate employment opportunities,” it added.

The authority had invited proposals for allotment of industrial land plots of size bigger than 4,000 sq metres for which applications were closed in February this year and results were announced on Wednesday.

Over 60 firms had applied for the land and out of them, 13 qualified and were allotted the land plots, as per the statement.

Dixon Technologies, Agarwal Associates, Weavetex Projects, Enquine Tech Nutri Care LLP, RAF Manufacturing Company, Roto Pumps, K K Fragrances, Savi Leathers, Mithaas Sweets and Restaurants, Adoratex, Westway Electronics and Dhampure Alco Chem have also got land, it said.

Altogether 1,99,848 sq metres of land plots located in Sector 80, 145, 140A and 151 has been allotted to these companies following approval of Noida Authority CEO Ritu Maheshwari.

“The Noida Authority expects to earn ₹344 crore in revenue from these allotments which will bring an investment of ₹3,870 crore in Noida region and 48,512 jobs,” the statement said.
https://www.livemint.com/companies/news/adani-enterprises-dixon-tech-11-other-companies-get-industrial-land-in-noida-11618463214831.html

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Area development

Courtesy upcoming Jewar International Airport, Better Infrastructure, Low Rentals, Cheaper labour, Gautam Budh Nagar District sees 1st batch of 500 Industries shift from Gurugram to Noida. Many others will follow suit shortly

500 industry of Gurugram ready to shift to Sector 29 of Noida
Gurugram Nearly 500 industry entrepreneurs from Gurugram and Manesar’s auto, construction and garment exports are set to shift to Sector 29 in Noida. The entrepreneurs of these industries say that 80 percent of their employees are from other province. While the new law of the state government is to give 75 percent reservation in all private institutions to the youth of Haryana. In these circumstances, there is no other option but to migrate to UP in front of these industries.
That is why IMT Industrial Association officials went to Noida this week to explore possibilities. He has got a better for Noida’s Sector 29 in industry. The association argues that it is close to the sector Jabber. Also, the Yamuna Expressway is adjacent to the Industrial Development Authority. In the future, the International Airport is going to be established at this place. Freight corridor is coming out from nearby. All this will be better for these industries than Manesar and Gurugram. Whereas after six months, there will be pressure from the Haryana government to give jobs to 75 per cent of its youth. Which is not practical. Because the youth here are not technically trained for sewing for the garment industry. The people of UP and Bihar are the trend in this industry. Similarly, people of UP, Bihar, Jharkhand, Madhya Pradesh and Chhattisgarh are also trending in the auto industry. This is the situation with the construction industry.

Manesar Tyagi, general secretary of the Manesar IMT Industrial Association, says that a team of entrepreneurs from all these trades has visited Sector 29 of Noida. This sector is good for these industries, on the basis of this, the Chief Minister of Uttar Pradesh has asked for a time to meet Yogi Aditya Nath. A message has also been sent about this.
The entrepreneurs want the UP government to provide this sector in a good package for these industries. Also, if there is a package for electricity and other facilities, then there will be no problem in setting up the industry there. Because the current government is not making any changes in this law. Recently, on-line suggestions were sought, that too have been sent to the labor department. If the government does not withdraw this law, then there will be no other option but to flee.

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Area development

Bhumi Pujan of Airport on 15/4/21

https://www.indiatoday.in/india/story/jewar-airport-bhoomi-pujan-likely-on-april-15-officials-told-to-resolve-land-related-issues-1779675-2021-03-15

he bhoomi pujan ceremony for the upcoming international airport at Jewar in Greater Noida near Delhi is likely to take place on April 15, local MLA Dhirendra Singh said on Monday.

“The bhoomi pujan for the first airstrip is likely to be held on April 15. We are hoping that the first international flight will take off from this airstrip by 2024,” Singh said.

The Jewar MLA has directed officials to resolve all displacement and land acquisition-related issues at the airport site in the next couple of days.

“This is a dream project of Uttar Pradesh Chief Minister Yogi Adityanath, and officers have been given an ultimatum to resolve all pending issues to start the construction as soon as possible. He is taking stock of the developments every day,” Dhirendra Singh said.

On Thursday, Dhirendra Singh interacted with residents of Nagla Ganeshi village and assured them of resolving rehabilitation and resettlement-related issues immediately.

Earlier this month, some farmers there had opposed land acquisition alleging discrepancies in land allotment.

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Area development

Land rate to go up by 20% on Yamuna E-Way , says YEIDA

ऐसी उम्मीद जताई जा रही है कि अथॉरिटी जमीन के रेट में 20 फीसद तक की बढ़ोतरी कर सकती है. नई रेट लागू करने के पीछे अथॉरिटी का एक मकसद अथॉरिटी के ऊपर चल रहे कर्ज को चुकाना भी है. और दूसरा यह कि कई सारी योजनाओं के चलते अथॉरिटी में जमीन की डिमांड बनी हुई है.

https://hindi.news18.com/amp/news/business/government-land-will-also-become-expensive-for-house-and-shop-near-jewar-international-airport-dlnh-3518957.html

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Area development Media news

Yamuna authority plots near upcoming Jewar airport @ Rs 16870/sqmtr

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Area development Area Updates Media news Noida Area

Patanjali Mega Food Park on Yamuna E-Way, construction to start in April 21

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Area development

Driverless pod taxis to connect Jewar international airport with Greater Noida

HIGHLIGHTS

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Area development

Updates on Electronics & Film City by CM of UP

Within days after the Uttar Pradesh cabinet had approved a 700-acre Electronics City project near the upcoming Noida International Airport, the government estimates that the project would attract investments to a tune of Rs 40,000 crore, reports The Times Of India.
The Yogi Adityanath government plans to establish separate clusters for companies from Taiwan, Japan and South Korea as these three countries have a strong base in electronics.

https://swarajyamag.com/insta/uttar-pradesh-electronics-city-near-upcoming-jewar-airport-to-attract-rs-40000-crore-investment

“We have now sent the DPR to the government for approval of the cabinet. CBRE has alos proposed amusement park, space for hotels and retail among other facilities,” said Arun Vir Singh, CEO of the authority.

https://m.economictimes.com/industry/services/property-/-cstruction/cbre-submits-dpr-for-film-city-yamuna-authority-to-seek-cabinet-approval/amp_articleshow/81225981.cms