Categories
Area development

Festival Discount offer for Tata Eureka Housing Project Noida, Sector-150

Greetings,

PCB Executive Welfare Society is pleased to offer Unbelievable Discount offer in this Festive season, for TATA Eureka Housing project Sector 150 Noida.

For Projects of Joyville by Shapoorji Pallonji Group and other offers please visit https://pcb.net.in/

Society Members discounts for Phase 1 booking delivery in Oct 2023. To avail the following discount, please note that it is mandatory to fill  the associate membership form of the society and deposit a one time fees of Rs 5100.00 (Rs Five Thousand one hundred only). Link to Membership Guidelines https://pcb.net.in/booking

Society discounts for Phase 1 booking in Tata @150 Noida delivery in Oct 2023

2BHK  Intello 1100 Members Discounts: Rs8,59,000/-

3BHK Britus 1285 Members Discounts: Rs8,68,000/-

3BHK  Primus 1575 Members Discounts: Rs 10,50,000/-

The cost is including Car Parking/ Club Membership/ all Amenities.

Price Range Rs 69.13 onwards see detailed Price List on Home Page

https://pcb.net.in/project/eureka-park-by-tata-reality

Virtual Tour of the Show Apartment

https://www.tatarealty.in/eureka-park/digitour/show-apartment-tours/

Kindly Note the Possession Charges, to be paid at time of possession are as follows:

2BHK :- Intello 1100 Rs 5,80,000/-

3BHK:-Britus 1285 Rs6,88,000/-

3BHK Primus 1575 Rs8,28,000/-              

Plus GST/ Stamp Duty as applicable  

Payment Plan:

  1. Only 15% Booking Amount plus 75% loan (to Be paid by the Financing FII) plus 10% to be paid by allottee’s nearing possession. No EMI to be paid till possession & will start from October-2023. Interest only 6.9% P.A.(As per RBI guidelines) No Processing Fees Benefit also for booking members. Please Note that this Discount & 15% payment Plan with no EMI till possession is only for Phase-1.

b) As per Construction Link Plan.

There are two facing of the project, Viz Road facing/ Landscape or Internal Park facing:

All the Flats in Primus 1575 Facing Road side face 33 acre Golf Course

For Phase-1, This gives Societies Members following discounts:

20 plus Amenities in same cost include few of the following:

Centrally Air-conditioned 25,000 sqft club house

Swimming Pool

Jogging Track

Lawn Tennis Academy ( Both Hard and Grass Courts)

Badminton   Court-2nos

Basketball Court – Full

Amphitheatre

Gazebo with Wi-fi

Skating Track

Indoor Games

Party Lawn

Spa

Plot Area 20.74 acres/ Ground Coverage 20% / Open & Green Area upto 80%

Double Height Entrance lobby in 3BHK Apartments

Basement Parking

Elevators 3 per Tower, large enough to carry Stretchers.

 Smart Features:

Apartments are loaded with following Smart Features at no extra cost:

a) Smart Door lock controlled by App with Visual on phone Screen🔒

b) can give one time access via mobile application to the visitor

c) Motion Sensors in Washrooms

d) Gas-leak features in Kitchen. Owner will get mobile alert.

e) All Electrical Devices will be operated by Mobile App

Typology, Choice of units

2BHK1100 -Intello, 3BHK (Small)- Britus-1285 & 3BHK (Large)-Primus-1575

Two 2BHK flats can be joined for 4BHK single flat

Plot Area 20.74 acres/ Ground Coverage 20% / Open & Green Area upto 80%

Double Height Entrance lobby in 3BHK Apartments.

To know more about Noida, The Most Invested District In The Country please click:

http://pcb.net.in/blog/2021/09/29/noidathe-most-invested-district-in-the-country/

To book in Phase 2 please ask for price offer. Delivery in 2026.

Look forward to connecting with you

Saxena                                                                                            

9990623304    

Varma

7678480014                                                                               

Visit us on Website        mail   contact.pcbs@gmail.com        

Categories
Area development

Tata Eureka Park Noida Sector 150 /20+ Amenities

A pictoral rendering of units and amenities & unit layouts https://www.tatarealty.in/residential-property-in-noida/tata-eureka-park

Site Master Plan
Model of site
Actual pic at Sunset on 7.10.21

Tata Eureka Sector-150, Noida 20+ Amenities List

  1. Skating Track
  2. Palm Court
  3. 20,000 Sqft Centrally A/C Club House
  4. Swimming Pool
  5. Kids pool
  6. Multipurpose Party Lawn
  7. Gazebos with WiFi
  8. Convenient shopping area
  9. Landscaped plaza space
  10. Walking track
  11. Open space for cultural activities
  12. Amphitheatre
  13. Yoga square
  14. Exercise garden
  15. Multipurpose open lawn
  16. Kids play area
  17. Open seating area
  18. International sized Tennis Academy with Both Grass and Hard Courts
  19. Badminton courts
  20. Full Basketball court
  21. Multipurpose party lawn
  22. Putting greens
Categories
Area development

Festive offer at Unbelievable discounts by Tata Reality & Shapoorji Pallonji Group

Festive offer at Unbelievable discounts by Tata Reality &Shapoorji Pallonji

Tata Reality Eureka Noida Sector 150

Greetings,

Bringing at unbelievable discount, Tata Reality Housing Project with Smart & Safety Features, having World-Class Amenities for YOU, through PCB Society, touching Yamuna Bank Pusta Road at Noida 150 Sector near to upcoming India’s largest Jewar Airport/ Film-City/ Formula-1 track.

Tata Eureka Project USP’s:
Project Possession: Starting from September 2023 till 2026.
Unbelievable Discount:
10% to 12% plus ₹One lac each on group booking of 5 numbers together.

Payment Plan:
a) Only 15% Booking Amount plus 75% loan (to Be paid by the Financing FII) plus 10% to be paid by allottee’s nearing possession. No EMI to be paid till possession & will start from October-2023. Interest only 6.9% P.A.(As per RBI guidelines) No Processing Fees Benefit also for booking members.

b) As per Construction Link Plan.

NOTE:
Price starting from 69.29 lacs plus possession charges 4.74 lacs plus stamp duty plus GST. Discount is available on basic price only and not on possession charges.

  1. *Appreciation*

Please note that Since launch the project has already appreciated about 20% till date & with Jewar Airport/ Film-city & other top infra coming in the area, it could be anyone’s guess to what extent will project appreciate in coming years.

Club House Image

Amenities:
Centrally Air-conditioned 20,000 sqft club house
Swimming Pool
Jogging Track
Lawn Tennis 🎾 Academy ( Both Hard and Grass Courts)
Badminton 🏸 Court-2nos
Basketball 🏀 Court – Full
Amphitheater
Gazebo with Wi-fi
Skating Track
Indoor Games
Party Lawn
Spa
Plot Area 20.74 acres/ Ground Coverage 20% / Open & Green Area upto 80%
Double Height Entrance lobby in 3BHK Apartments
Basement Parking
Elevators 3 per Tower, large enough to carry Stretchers.

Smart Features:
Apartments are loaded with following Smart Features at no extra cost:
a) Smart Door lock controlled by App with Visual on phone Screen🔒
b) can give one time access via mobile application to the visitor
c) Motion Sensors in Washrooms
d) Gas-leak features in Kitchen. Owner will get mobile alert.
e) All Electrical Devices will operated by Mobile App

Interiors of smart home image

Typology:
2BHK1100 -Intello
3BHK (Small)- Britus-1285
3BHK (Large)-Primus-1575
Two 2BHK flats can be joined for 4BHK single flat

Project View design image

To know more about Noida, The Most Invested District In The Country please click:
http://pcb.net.in/blog/2021/09/29/noidathe-most-invested-district-in-the-country/

To know more about the Tata Housing Project please click: http://pcb.net.in/project/eureka-park-by-tata-reality

Shapoorji Pallonji Joyville Gurgaon/Mumbai/Pune/ Howrah

Please to inform that The Palace Makers Shapoorji Pallonji has offered all of you through Society very interesting offers/ discount schemes for their all Pan-India Projects in Gurgaon/Mumbai/Pune/ Howrah etc., to name a few. The details are on our website pcb.net.in

In case of your interest, feel free to get in touch with undersigned.

Warmly,
Saxena V M
Secretary,
Petroleum Coal & Banking Executives Welfare Society
Visit us at pcb.net.in
+91 9990623304

Categories
Area development

Noida,The Most Invested District In The Country

Last 4 years of Rapid Development has catapulted Gautam Budh Nagar as the most investor friendly city in India attracting Rs 64362 Cr of Investment that will finally generate 484922 jobs.

उत्तर प्रदेश के शो विंडो कहे जाने वाले गौतमबुद्धनगर (नोएडा) में बीते साढ़े चार वर्षों में रिकॉर्ड तोड़ 64362 करोड़ रुपये का निवेश आया है। इस निवेश से एक जिले में 4,84,922 लोगों को रोजगार मिल रहा है। अगर देश में भी देखें तो 718 जिलों में से किसी भी एक जिले में बीते साढ़े चार वर्षों के दौरान इतना निवेश नहीं हुआ है। नतीजतन, नोएडा देश में सबसे अधिक औद्योगिक निवेश कराने वाला जिला बन गया है।

आंकड़ें बताते हैं कि प्रदेश सरकार की इंवेस्टर फ्रेंडली नीतियों से प्रभावित होकर ही देश और विदेश के बड़े निवेशकों ने नोएडा में इतना अधिक निवेश किया है। इस जिले में नोएडा औद्योगिक विकास प्राधिकरण, ग्रेटर नोएडा औद्योगिक विकास प्राधिकरण और यमुना एक्सप्रेस-वे औद्योगिक विकास प्राधिकरण जैसे तीन प्राधिकरण काम कर रहे हैं। इन तीनों विकास प्राधिकरणों से देश-विदेश के विभिन्न निवेशकों ने बीते साढ़े वर्षों में 3188 भूखंड लिए हैं।

ये 3188 निवेशक नोएडा में 64,362 करोड़ का निवेश कर अपनी यूनिट लगा रहे हैं। नोएडा में हो रहे इस निवेश से 484922 लोगों को स्थायी रोजगार मिलेगा। औद्योगिक विकास विभाग के अधिकारियों के अनुसार, बीते साढ़े चार वर्षों में नवीन ओखला औद्योगिक विकास प्राधिकरण से औद्योगिक प्लाट लेकर 855 बड़े निवेशक, नोएडा में 20,560 करोड़ रुपये का निवेश कर अपना उद्यम स्थापित कर रहे हैं। इसमें 1,47,703 लोगों को स्थायी रोजगार मिलेगा।

इन समूहों का निवेश
निवेश करने वालों में सैमसंग, पेटीएम, टीसीएस, माइक्रोसॉफ्ट, अडानी ग्रुप, केंट आरओ और हल्दीराम जैसे बड़े निवेशक शामिल हैं। सैमसंग कंपनी ने नोएडा में मोबाइल डिस्प्ले यूनिट लगाई है। पेटीएम ने 302 करोड़ रुपये का निवेश किया है और 15 हजार लोगों को रोजगार मिला है। डाटा प्रोसेसिंग के सेक्टर में अडानी ग्रुप ने भी 2500 करोड़ का निवेश करने के लिए 39,146 एकड़ भूमि ली है। बहुराष्ट्रीय माइक्रोसॉफ्ट कंपनी ने भी आईटी सेक्टर में 1000 करोड़ रुपये का निवेश करने के लिए 60,000 एकड़ भूमि ली है। प्रापर्टी के कारोबार में आईएनजीके कंपनी ने 5500 करोड़ का निवेश करने के लिए 47833 एकड़ भूमि खरीदी है। इसके अलावा वेस्टवे इलेक्ट्रॉनिक्स, डिक्सन टेक्नोलॉजी, वीवोटेक्स प्रोजेक्ट, रोटो पंप्स लिमिटेड, अग्रवाल एसोसिएट्स, नेप्तुने सिस्टम, एडवर्ब टेक्नालॉजी, सुरभि ग्रुप, आइकिया सॉल्युशन, यूं फ्लेक्स लिमिटेड और केंट आरओ ने भी नोएडा में जमीन ली है।

ग्रेटर नोएडा में 391 बड़े निवेशक
इसी प्रकार ग्रेटर नोएडा औद्योगिक विकास प्राधिकरण क्षेत्र में 391 बड़े निवेशकों ने ग्रेटर नोएडा में अपनी फैक्ट्री स्थापित करने के लिए जमीन ली है। ये निवेशक 26,530 करोड़ रुपये का निवेश कर ग्रेटर नोएडा में अपनी फैक्ट्री लगा रहे हैं। यमुना एक्सप्रेस-वे औद्योगिक विकास प्राधिकरण (यीडा)  के क्षेत्र में जेवर एयरपोर्ट सहित अब तक 1942 निवेशकों को उद्यम स्थापित करने के लिए भूमि उपलब्ध कराई गई है। ये 1942 निवेशक 17,272.74 करोड़ रुपये का निवेश कर अपनी फैक्ट्री स्थापित कर रहे हैं। इन निवेशकों के फैक्ट्रियों में 2,65,718 लोगों को रोजगार मिलेगा। यीडा के अधिकारियों के अनुसार, सबसे अधिक रोजगार जेवर एयरपोर्ट, मेडिकल डिवाइस पार्क, फिल्म सिटी, टॉय पार्क और लेदर पार्क में लोगों को मिलेगा। सबसे अधिक नौकरियां जेवर एयरपोर्ट से लोगों को मिलगी।  

नई ऊंचाइयों पर नोएडा
इस निवेश के चलते अब ये जिला अपने 45 साल के सफर में कई ऊंचाइयों को छू रहा है। यहीं नहीं मुख्यमंत्री योगी आदित्यनाथ की पहल पर नोएडा में अब पुलिस कमिश्नरी सिस्टम लागू हो गया है। अधिकारियों के अनुसार, इन्वेस्टर समिट में साइन हुए एमओयू में से करीब 60 प्रतिशत नोएडा जिले के लिए हुए हैं।

https://www.amarujala.com/lucknow/noida-becomes-the-most-invested-district-in-the-country

Categories
Area development

Electronic Park on YEIDA

The Electronic Park will come up in 250 acres in Sector10 or14 of YEIDA. The CEO of YEIDA estimates a investment of Rs 50000 Cr thereby creating thousands of jobs.

https://m.economictimes.com/industry/cons-products/electronics/up-govt-to-set-up-electronic-park-near-noida/articleshow/86395350.cms

Categories
Area development

Yamuna E-Way Plots Rate Growth Examples

Please note that since 2009, 10 times Appreciation has taken place in Yamuna Expressway Plots. This was before starting of Jewar International Airport/ Film-City and other developments that are now taking place in Yamuna Expressway.

See the sample allotment letter of 2009 @ Rs 4750/- per square meter

And Compare with current offers of plots

Magic Bricks  in Gaur 1.100 sq yard /83 sqm   42 Lakhs Rs 4667sft  in Gaur Yamuna /Rs 50600 sqm
https://www.magicbricks.com/propertyDetails/100-Sq-yrd-Residential-Plot-FOR-Sale-Yamuna-Expressway-in-Greater-Noida&id=4d423533323831373331

2.150 sq yard/125 sqm   57.5 lakh  Rs 4259 sft / Rs 46000 sqmhttps://www.magicbricks.com/propertyDetails/150-Sq-yrd-Residential-Plot-FOR-Sale-Yamuna-Expressway-in-Greater-Noida&id=4d423530383437313434

Categories
Area development

IGI & Noida International to be linked by Metro

The upcoming Noida International Airport (NIA) will be linked with IGI Airport via Shivaji Stadium by extending the Airport Express Line of Delhi Metro. UP government has asked Delhi Metro Rail Corporation (DMRC) to do a feasibility study regarding this.

https://m.timesofindia.com/city/delhi/airport-line-to-link-upcoming-noida-airport-to-delhis-igi/amp_articleshow/85991792.cms

Categories
Area development

FILM CITY Yamuna E-Way Updates

JOBS in Film City: नोएडा फिल्म सिटी में मिलेगा 15 हजार से ज्यादा लोगों को रोजगार

नोएडा [देेवेन्द्र सिंह]। यमुना एक्सप्रेसवे विकास प्राधिकरण (यीडा) के सेक्टर-21 में पीपीपी माडल पर बनाई जाने वाली फिल्म सिटी की डिटेल प्रोजेक्ट रिपोर्ट (डीपीआर) पर शासन ने मुहर लगा दी है। अब डीपीआर बनाने वाली कंपनी बिड डाक्यूमेंट तैयार करेगी। इसके बाद ग्लोबल टेंडर जारी किया जाएगा। अगले वर्ष के शुरुआती महीने में फिल्म सिटी के निर्माण का कार्य शुरू हो जाएगा। तीन चरणों में विकसित की जाने वाली इस फिल्म सिटी के फर्स्ट फेज में फिल्म स्टूडियो, खुला एरिया, एम्यूजमेंट पार्क, विला आदि तैयार किए जाएंगे। यमुना सिटी में 6 हजार करोड़ रुपये की लागत से एक हजार एकड़ में ये फिल्म सिटी तैयार होगी। इस फिल्म सिटी में करीब 15 हजार लोगों को रोजगार मिलेगा।

फिल्म सिटी के लिए यीडा के सेक्टर-21 में एक हजार एकड़ भूमि फिल्म सिटी के लिए चिन्हित की गई। यूपी की इस पहली फिल्म सिटी में विश्वस्तरीय आधुनिक तकनीकों को शामिल किया जाना है। इस फिल्म सिटी का एक बड़ा हिस्सा डिजिटल टेक्नोलॉजी से जुड़ा होगा। यीडा के सेक्टर-21 में बनायी जाने वाली इस फिल्म सिटी को इन्फोटेनमेंट सिटी कहा जाएगा। राज्य की इस पहली फिल्म सिटी में सीरियल व फिल्मों की शूटिंग के विशेष स्टूडियो, एनिमेशन, वेब सीरीज, कार्टून फिल्म, डॉक्यूमेंट्री, डिजिटल मीडिया आदि के लिए सभी जरूरी सुविधाएं दी जाएंगी।

https://www.jagran.com/uttar-pradesh/noida-ncr-jobs-in-film-city-noida-film-city-will-provide-employment-to-more-than-15-thousand-people-in-up-jagran-special-22043718.html

Categories
Area development

Noida aviation hub to get bigger by 1000 hectare

The civil aviation hub at Jewar, which includes the upcoming Noida International Airport on 5,000 hectares along Yamuna Expressway, is set to get bigger as the Yeida has decided to add another 1,000 hectares to the project by merging three proposed industrial sectors with the airport plan

The civil aviation hub at Jewar, which includes the upcoming Noida International Airport on 5,000 hectares along Yamuna Expressway, is set to get bigger as the Yamuna expressway industrial development authority (Yeida) has decided to add another 1,000 hectares to the project by merging three proposed industrial sectors with the airport plan.

The airport is billed to be the largest in India, and will be the National Capital Region’s third, after the Indira Gandhi International Airport (IGIA) and the civilian terminal at Ghaziabad’s Hindon airport. In December 2020, the Uttar Pradesh government approved the design of the airport at Jewar.

“Earlier, we planned the aviation hub on 5,000 hectares. But now, due to demand for more industrial land and other requirements, we have decided to merge three industrial cities planned in sectors 8, 30 and 31 with this project. These three sectors were planned on around 1,000 hectares. Therefore, now the aviation hub, which includes the Noida international airport, will be developed on 6,000 hectares. We are revising the master plan of the civil aviation hub accordingly,” said Arun Vir Singh, chief executive officer of Yeida and NIAL, the nodal agency of the UP government to monitor the airport project.

The three sectors were among four proposed industrial cities to be built along the periphery of the Noida international airport. Officials said the fourth city, Sector 7, will now be built as a separate project.

“It was merged with the aviation hub as we realised MRO (maintenance, repair and overhaul) of aircrafts has a huge potential to create millions of jobs in this region for skilled workforce,” said Singh.

MRO units ensure service worthiness of an aircraft with facilities for inspection and maintenance. The upcoming MRO facility at Jewar will be the first of its kind in Uttar Pradesh, officials said.

Yeida and NIAL have already handed over 1,334 hectares of the total 6,000 hectares to Yamuna International airport private Limited — a special purpose vehicle set up to undertake the airport project — which has begun constructing boundary walls and levelling the land. The airport project is expected to be completed by 2024 and will entail an investment of around ₹20,000 crore.

Further, the authorities also plan to develop a smart city — modelled on European cities — on 1,400 hectares of land near the airport.

“In the European model, we have commercial spaces on the ground and residential condominiums above it. The smart city near the airport will be a one of its kind urban development with all world-class facilities, zero waste discharge into soil, and best commuting options,” said Singh.

‘Economy boost’

Singh said the airport project will boost the local economy, creating jobs for residents and business opportunities for investors.

“The local economy will witness a seven-fold jump as huge investment is being made by foreign and domestic investors after the airport project picked up pace at Jewar. We have received around ₹15,000 crore in the last three years. This region (along Yamuna Expressway) will generate around 500,000 jobs in the next three years,” said Singh.

He further said that several new projects, including warehouses, entertainment zones, amusement parks, apparel parks, logistics hub and film city, will come up once the airport becomes operational in 2024.

“The airport will create rental incomes for farmers and other stakeholders because MNCs and industrialists are on way to set up their businesses. The airport at Jewar will fuel growth just like the IGI airport did for south Delhi and Gurugram,” said Singh.

Hurdles along the way

Land acquisition for the project was a challenge initially as farmers refused to part with their land and demanded compensation four times the existing circle rate. Officials said that with negotiations running into a stalemate, Jewar MLA Dhirendra Singh held multiple meetings with farmers to push for acquisition.

The MLA said, “We are also requesting the government to set up a skill university for creation of jobs for the local youngsters.”

In his comments last month when the state government finalised the airport’s design, Christoph Schnellmann, CEO of the Yamuna International Airport Pvt Limited, said, “We are committed to developing the aviation ecosystem in India, with an investment of ₹5,700cr for phase I of the airport development. The Noida International Airport will hold strategic importance and will be an economic engine for growth in Uttar Pradesh and India.”

In November 2019, Zurich Airport International AG (ZAIA) won the contract to build and operate the airport in Greater Noida for a period of 40 years, which includes the phase one construction period of four years.

Last year, a consortium of Nordic Office of Architecture, Grimshaw, Haptic and consultants STUP were selected to design the airport. The new passenger terminal is aimed to be ‘India’s greenest airport’ reaching the goal of carbon-net-zero targets as well as efficient and enhanced passenger flows and digital services.

Officials have said that Jewar, situated along the Yamuna Expressway, will be connected to the Eastern Peripheral Expressway, the Delhi-Mumbai Expressway and also have a Metro link to Greater Noida besides the ambitious high-speed Delhi-Varanasi bullet train with a station at the Noida airport.

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Area development

Metro corridor to link Capital, Jewar airport

This proposed Metro corridor is expected to start in Delhi from the Shivaji Stadium Metro station on the DMRC’s airport express line. It is likely to pass through Greater Noida’s Pari Chowk to reach the airport in Jewar.

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday signed a memorandum of understanding with the Delhi Metro Rail Corporation (DMRC) to prepare a feasibility report of a Metro corridor to provide direct connectivity between Delhi’s Indira Gandhi International Airport and the upcoming Noida International Airport at Jewar, officials aware of the matter said.

This proposed Metro corridor is expected to start in Delhi from the Shivaji Stadium Metro station on the DMRC’s airport express line. It is likely to pass through Greater Noida’s Pari Chowk to reach the airport in Jewar.

Yeida has roped in DMRC to work on this project in two phases, the officials said. The memorandum of understanding was signed at Yeida’s Sector Omega-2 office in the presence of authority’s chief executive officer Arun Vir Singh and DMRC’s business development officer Pramit Garg.

“We have asked DMRC to first prepare a detailed project report of the 35.64km Metro project from Greater Noida’s Pari Chowk to Jewar, where Noida international airport is being developed. DMRC has also been tasked to prepare a feasibility report for a Metro link between Pari Chowk in Greater Noida and Delhi’s Shivaji Stadium. This corridor will provide smooth connectivity between Delhi’s IGI airport via airport Metro’s airport express line,” said Arun Vir Singh CEO of the Yeida after signing the MoU.

Yeida has asked DMRC to prepare the project report and the feasibility report in the next nine months.

“The work on the 35.64km Metro project will begin after nine months. And after the feasibility report of the second phase between Greater Noida and Delhi, this link will also witness further progress,” said Singh.

The Yamuna International airport Private Limited has already started construction work at the airport project that is expected to be ready by 2024. Yeida officials said they were aiming to ensure that the Metro link and the airport should be ready at the same time. They said the financial modalities will be finalised once the project report is ready.

“We want to provide multi-model connectivity from Noida airport to rest of Delhi-NCR so that the passengers can travel comfortably. The Metro project will prove crucial for the new airport as it will immensely benefit the commuters,” said Singh.

The airport is billed to be the largest in India, and will be the NCR’s third, after the IGI airport and the civilian terminal at Ghaziabad’s Hindon airport. In December 2020, the Uttar Pradesh government approved the design of the airport at Jewar. The new international airport is expected to share the increasing passenger load at the Delhi airport.

Yamuna International airport Private Limited — a special purpose vehicle set up to undertake the airport project — has begun constructing boundary walls and levelling the land. The airport project is expected to be completed by 2024 and will entail an investment of around ₹20,000 crore.

The authorities also plan to develop a smart city on 1,400 hectares of land near the airport.