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Area Updates Delhi Real estate Le Solitaire Media news Noida Area

Final Countdown towards India’s largest Airport Begins

The Gautam Budh Nagar administration will start the takeover process of the property earmarked for Jewar International Airport and complete the rehabilitation and resettlement process of 1,700 families within a week, officials said.

Starting next week, the administration will start acquiring land in areas where people are not currently residing. The administration has already distributed around Rs 1,500 crore as compensation to landowners and another Rs 1,300 crore is yet to be disbursed.

“Over 50% compensation disbursement for the airport land is complete and the rest will be done soon. By next week, we will start taking possession of the land from owners. Our aim is to hand over the maximum land to the Authority by August 31,” said B N Singh, district magistrate.

Singh explained that around 80% of the land is not occupied and does not have any habitation. The administration will initially take over this portion of the property and hand it over to the Noida International Airport Limited (NIAL) that will hand it over to the contractor who will build the airport.

“We are initially focusing on this large chunk as it is undisputed and will be easily acquired by August 31. This will also help the Authority in starting work at the earliest,” said Singh.

The remaining 20% of land is a part of inhabited village areas. This is also the area where farmers have been protesting regarding the compensation rates. People living in these areas will have to be relocated and the process may take longer. A 50-hectare plot on Aligarh road has been identified for the relocation of families from six villages where land will be acquired for the airport.

The Jewar international airport will be developed over 5,000 hectares of land, of which 1,334 hectares will be acquired in Phase 1 by August 31.

“The first phase of the airport will be developed on a straight horizontal patch, perpendicular to the
Yamuna Expressway
. The airport will be 5.8 kilometres ahead of the Jewar toll plaza, while arriving from Delhi or Noida. This section also has very few inhabited areas and will be easily acquired within the expected time,” said Arunvir Singh, chief executive officer of NIAL and YEIDA.

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https://m.timesofindia.com/city/noida/jewar-land-takeover-to-begin-in-a-week/amp_articleshow/70387069.cms

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Area Updates Delhi Real estate Le Solitaire Media news

Watch TV news report of Jewar Airport project,this will be game changer for Delhi NCR Massive Real Estate Gains, our project about 20 minutes away.

https://youtu.be/hAkNPBSS3e8

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Area Updates Le Solitaire Media news Noida Area

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https://tennews.in/noida-international-airport-pre-bid-conference-held-at-expo-mart-nine-companies-express-interest/

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Area Updates Le Solitaire Media news Noida Area

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Area Updates Le Solitaire Media news Noida Area

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