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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 Updates Media news

Film City phase 1 to start in 2023

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Area development

Driverless pod taxis to connect Jewar international airport with Greater Noida

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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

 

 

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Area development

After Film City now Govt clears creation of Finance City in Yamuna E-Way, Noida

Its raining projects in Yamuna E-way the latest news;

Finance city to be built in Noida, 50 thousand people will get employment

Highlights:

  • Delhi has plans to build a finance city in Noida
  • Yamuna Expressway Industrial Development Authority is drawing its blueprint
  • 20 thousand crore rupees are expected to be invested in Fin City
  • It is estimated that 50 thousand youths will get employment.

https://navbharattimes.indiatimes.com/business/business-news/yamuna-development-authority-plans-to-build-a-finance-city-in-noida/amp_articleshow/81245106.cms

Categories
Area development Noida Area

Noida strong competitor to Gurgaon in commercial realty

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/

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Area development

6 runways, electronic city & more! UP govt makes Rs 2000 crore provision in budget for Jewar airport expansion

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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