Its raining projects in Yamuna E-way the latest news;
Move over Gurgaon. In the last calendar year, Noida emerged as Delhi NCR’s prime commercial real estate (CRE) destination in net office space absorption, outpacing its bigger rival. Experts predict that in 2021 and beyond, the competition between the two micro markets will only intensify.
Noida is fast shedding its image as Gurgaon’s poor cousin in terms of attracting corporates. With its efficient road and metro connectivity, affordable housing, abundant power, availability of Grade-A office space, competitive rentals and upcoming international airport and logistics hub, it’s becoming more attractive by the day. It is also emerging as a prime location for setting up data centres in north India.
https://www.financialexpress.com/industry/noida-strong-competitor-to-gurgaon-in-commercial-realty/2198771/
To increase the number of airstrips at the airport from two to six, the state government has allocated Rs 2,000 crore.
Aviation boost in Uttar Pradesh! The UP government in its 2021-22 budget has made a provision of Rs 2,000 crore for the expansion of the Noida International Greenfield Airport in Jewar, along with the announcement of setting up an ‘electronic city’ near the airport. To increase the number of airstrips at the airport from two to six, the state government has allocated Rs 2,000 crore. While the work is underway on the first phase of the project, the airport is to be built at an estimated cost of Rs 30,000 crore. On completion, it will be the largest airport in the country. For the completion of the first phase of the Jewar airport, the scheduled deadline is 2023, according to an IE report.
The entire construction of the airport will take place in four phases. To build the proposed airport in Noida, on the outskirts of Delhi, Switzerland’s Zurich Airport International AG has won the contract. While the upcoming Jewar airport is expected to come up on a land of about 5,000 hectares, so far 1,334 hectares of land has been acquired by the government, for which the two runways will be developed in the initial phase. Besides, additional land of 50 hectares will be acquired for the rehabilitation of those displaced by the airport project. The rest of the land would be acquired in a phased manner.
The report mentioned that Jewar airport in its present form has been referred to as a “greenfield project”, however, the idea was first proposed in the year 2001 when Rajnath Singh was the Chief Minister. The airport project got a push during the Bahujan Samajwadi Party regime between 2007 and 2012. On Monday, real estate developers hoped in four years, the region in UP’s western part could see good interest in residential development. CREDAI NCR president Pankaj Bajaj was quoted in the report saying that Jewar Airport will inject jet fuel in the area’s regional economy. Manufacturing firms already are actively considering the Yamuna expressway area because of the upcoming airport project. Also, warehousing firms will follow, he added.
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1 min read . Updated: 22 Feb 2021, 01:19 PM IST
Ravi Prakash Kumar
This is the fifth budget of the present government in the state before the UP Assembly elections due early next year.
Yogi Adityanath-led Uttar Pradesh govt plans to develop Jewar Airport as Asia’s biggest airport. The state govt has proposed to set aside ₹2,000 crore for Jewar Airport, Finance Minister Suresh Khanna said Monday while presenting ₹5,50,270.78 crore budget for 2021-22 in the State Assembly.
The state govt has also increased the number of runways of the Jewar Aiport to six, from two proposed earlier. The UP government presented its first paperless budget in the Uttar Pradesh Assembly today.
https://www.livehindustan.com/uttar-pradesh/story-fin-tech-city-to-be-built-on-100-acres-area-in-noida-and-greater-noida-3864527.html
MICROSOFT starts in NOIDA
The Microsoft India Development Centre (IDC) is spread across three floors of a six-storeyed building in Noida. The ivory white walls are interspersed with jaali work in Mughal architectural style
twitter-logoBusinessToday.In | January 28, 2021 | Updated 14:51 IST
https://www.businesstoday.in/current/corporate/microsofts-new-taj-mahal-inspired-office-in-noida-is-a-sight-to-behold/story/429369.html
New Microsoft campus on 60000 sq mtr to come up at Sector 145 on Expressway
Noida: The Noida authority on Thursday allotted a plot spanning over 60,000 square metre to Microsoft India (R&D) private limited in sector-145 at a premium of ₹103.66 crore. The investment by Microsoft will create employment opportunities for 3,000 people in Nolida, said officials aware of the development.
Officials from the Noida authority said plots A-01 and A-02 have been allotted to the company under IT/ITES category. “As per the agreement, the company will have to deposit 40% of the amount to furnish the sale deed within a month. The rest of the amount shall be paid in eight half yearly instalments. The allotment letter has been issued to the company,” said Ritu Maheshwari, CEO of Noida authority.
Maheshwari said the company will soon share a detailed project report. “They have informed that they will invest ₹3,000 crore in the project which will provide job opportunities to 3,000 people. We will soon hold a meeting and share more details,” she said.
Officials said the investment will make Noida a software hub and also encourage other private players to invest in the region. Maheshwari said some other private companies and academic institutions have also put in requests for land allotment. Officials have not shared any information regarding date of construction project and estimated date of completion.
A response from Microsoft India is awaited on this development.
Meanwhile, the Noida authority has also allotted 11,683 square metres-land to Shiv Shiksha Samiti for ₹24.6 crore for development of a higher secondary school in sector-145.
The Noida authority, the Greater Noida authority and the Yamuna authority have been coming up with schemes to allot industrial and institutional plots to companies to encourage private investment in the region https://www.hindustantimes.com/cities/noida-news/noida-allots-60k-sqm-plot-to-microsoft-in-sector145-101617388264102.html
Two major data centre projects in Greater Noida to help boost real estate markets in the region: Experts
USP’s/ High’s of this:
Boost real estate markets in the region
business get decentralised from traditional Mumbai and Chennai strongholds. Other than Mumbai and Chennai, Noida and Greater Noida in NCR are among the key data centre hubs in the country.
The first of the six towers of the Hiranandani Group is expected to be ready next year.
The two companies are expected to invest close to Rs 8,000 crore and generate employment for around 1,500 people.
Two more data centres may come up in the region, officials said. With recent announcements by Yotta to set up 20- acre data centres in Noida.
As per ANAROCK Research, Noida and Greater Noida are likely to see new data centre supply of approximately 2.3 million sq. ft. area with nearly 260 MW of IT power capacity over the next three years with total investments to the tune of nearly $ 1.3 billion.
Given shifts in the economy, one would continue to see data consumption increase manifold for the foreseeable future, real estate experts said.
The announcement by Global Tech Player NTT to set up data centre in India strengthens India’s play in the data centre business.
Another report had said that an additional 9.3 million sq ft of real estate space is expected to be developed by 2025 for the rapidly growing data centre industry at an investment of about ₹7,700 crore.
The data centre industry is expected to add 703 MW capacity by the end of 2025, translating into an opportunity of 9.3 million sq ft of real estate development, a report by JLL had said.
One major factor encouraging the establishment of a slew of data centres in Greater Noida and Noida is the sound infrastructure initiatives taken up in this belt in Uttar Pradesh, said Devi Shankar, President – Industrial & Logistics, Data Centres, ANAROCK Capital.
https://www.moneycontrol.com/news/business/real-estate/two-major-data-centre-projects-in-greater-noida-to-help-boost-real-estate-markets-in-the-region-experts-6394801.html
https://www.aajtak.in/india/uttar-pradesh/story/ups-second-data-centre-in-greater-noida-yotta-infrastructure-1197168-2021-01-24
Logistic transport warehousing Hub will start soon in greater noida near by Bodaki railway station dlnh– News18 Hindi
Delhi-NCR और वेस्ट यूपी में कारोबार-नौकरियों को रफ्तार देगा लॉजिस्टिक हब, जानिए प्रोजेक्ट के बारे में सबकुछ l Salient Features & Excerpts:
1/नोएडा (Noida), ग्रेटर नोएडा और यमुना अथॉरिटी (Yamuna Authority) में छोटी-बड़ी सभी कंपनियों को आकर्षित करने के लिए वेयरहाउसिंग हब, कोल्ड चेन और पैकेजिंग यूनिट को भी प्रोजेक्ट में शामिल किया गया है.
2/ 15 घंटे के अंदर आपका बुक कराया सामान देश के किसी भी हिस्से में पहुंच जाएगा.
3/इसके लिए मल्टी मॉडल लॉजिस्टिक हब (Logistic Hub) और मल्टी मॉडल ट्रांसपोर्ट हब (Transport Hub) विकसित करने पर काम चल रहा है.
4/मॉडल ट्रांसपोर्ट हब के लिए के लिए 850 करोड़ रुपये मिल चुके हैं. 500 करोड़ रुपये की दूसरी किस्त अभी हाल ही में मिली है. अब तक 227 हेक्टेयर जमीन खरीदी जा चुकी है.
5/ बोड़ाकी रेलवे स्टेशन को डेवलप किया जा रहा है. इसे दिल्ली-हावड़ा वाले रेल ट्रैक से जोड़ा जाएगा. सामान की लोडिंग-अनलोडिंग के लिए यार्ड बनेंगे. बोड़ाकी में 16 रेल लाइन बिछाई जाएंगी. इन सभी रेल लाइन को दिल्ली-हावड़ा मुख्य रेल लाइन से जोड़ा जाएगा.
6/कोल्ड चेन और पैकेजिंग का काम करने के लिए भी प्लटेफार्म तैयार किए जाएंगे.
7/ट्रांसपोर्ट हब जिले में पहले से मौजूद बोड़ाकी रेलवे स्टेशन पर बनेगा. इसी स्टेशन के दूसरी तरफ इंटर स्टेट बस टर्मिनल (आईएसबीटी) का निर्माण भी किया जाएगा.
8/इस प्रोजेक्ट के तहत लगभग 800 एकड़ में इंटीग्रेटेड इंडस्ट्रियल टाउनशिप बसाई जाएगी.
9/साथ में एक मेट्रो स्टेशन भी बनाया जाएगा. इसमें भी 1500 से 2000 करोड़ का निवेश अथॉरिटी की तरफ से किया जाएगा.
10/ 12 हजार करोड़ का निवेश
11/ इन दो प्रोजेक्ट से लगभग एक लाख लोगों को रोजगार मिलने की उम्मीद है.
https://aajtak.app.link/R4yjIC5Fieb
Covering All Spheres, Yamuna Expressway will be an known address not only in Country, but Pan-World💫✨
यमुना प्राधिकरण में कलस्टर बनाकर विकास कार्य कराने पर जोर दिया जा रहा है। अब प्राधिकरण ने अपने क्षेत्र में साइंस पार्क विकसित करने की योजना बनाई है। दिल्ली के नेशनल साइंस सेंटर की तर्ज पर यहां पार्क विकसित होगा। यहां विज्ञान के छात्र-छात्राओं को अनुसंधान का मौका मिलेगा। साइंस म्यूजियम बनाया जाएगा, जिसमें छात्रों को भी सीखने का मौका मिलेगा। साथ ही पार्क में साइंस से संबंधित कंपनियां निवेश भी करेंगी
https://tricitytoday.com/yamuna-city/preparations-begin-to-develop-science-park-in-yamuna-city-museum-and-science-and-technology-heritage-gallery-to-be-built-14771.html
https://www.moneycontrol.com/news/business/real-estate/exclusive-noida-film-city-expected-to-have-a-five-fold-impact-on-real-estate-prices-in-the-region-says-yeida-ceo-6231161.html
Exclusive: Noida Film City expected to have a five-fold impact on real estate prices in the region, says YEIDA CEO
Adityanath had on September 18 directed YEIDA to submit its proposal for establishing a film city to the state government.
VANDANA RAMNANI
https://tricitytoday.com/yamuna-city/cbre-group-to-draw-greater-noida-film-city-is-worlds-largest-real-estate-consultancy-14672.html