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.
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Tag: Jewar Updates
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
This is expected to reach $42 billion by 2040 & will be Asian Hub & is suppose to create many white Collar’s job in our Area
The land for the country’s largest maintenance, repair and overhauling (MRO) center and the third runway near Noida Airport will soon be arranged. The UP cabinet has approved the acquisition of land for the second phase of the airport. One will not have to go abroad to repair the aircraft by becoming an MRO. In the second phase, 1365 hectares of 7 villages are to be acquired. It will cost around Rs 2890 crore. The Uttar Pradesh government has approved the construction of five runways of the Noida Airport. The Zurich company has been given the responsibility to construct two runways in the first phase. The second phase is to become the third runway and MRO center. This requires 1365 hectares of land.
The land is to be acquired in seven villages of Jewar, Karauli Bangar, Qureb, Birampur, Dayanatpur, Ranhera, Nangla Shahpur and Mundhera. The proposal to acquire this land was sent by the district administration to the government, which has been approved by the cabinet on Tuesday. Soon, notification will be issued to acquire the land of these seven villages.
Actually, the only MRO center in the country remains in Nagpur. Aircraft coming to Mumbai airport are fit to go there, but it becomes difficult to take the aircraft coming to Delhi airport to Nagpur center. Therefore, the airplane is flying in the country where it is maintained. This leads to a large source of income going abroad.
In view of this, it has been decided to build an MRO center at Noida Airport. This will save the time and fuel as well as boost the industry related to maintenance, repair and overhauling of aircraft across the country. Also, thousands of youth will get employment. Crores of rupees will also be invested. There are plans to make this center bigger than Nagpur.
At the same time, the construction of the third runway will fulfill the needs of passengers traveling by air from this airport till 2050. Noida International Airport Limited (Niall) CEO Dr. Arunvir Singh said that the money for the second phase of land has been arranged. The government can take a decision on issuing land acquisition notification soon.
One look at the land of the second phase villages
Karauli Bangar 183 Hectares
Qurayb 345 Hectares
Birampur 96 Hectares
Dayanatpur 165 Hectares
Ranhera 519 Hectares
Nangla Shahpur 15 Hectare
Mundera 43 Hectares
Money is yet to be received from Greno, yet the entire arrangement
of Rs 2000 crore has already been made to acquire the second phase of land. The state government has given this amount. The Noida and Yamuna authorities have also given their share while the money is yet to be received from the Greater Noida Authority. In the second phase, compensation of 2890 crore rupees will be distributed. Explain that the state government and Noida Authority have 37.5-37.5 per cent stake in Niala, a company set up for Noida Airport. While Greater Noida and Yamuna Authority hold 12.5–12.5 per cent. Money for the land is also to be given in the same proportion.
https://www.amarujala.com/delhi-ncr/noida/the-country-s-largest-airplane-repair-center-will-be-built-in-jewar-grnoida-news-noi571948372
HIGHLIGHTS
- In the initial phase, there will be one runway at the Jewar airport in Greater Noida
- DMRC will develop the pod taxi service connecting Greater Noida and Jewar
- Noida’s Jewar airport will cater to 90% domestic traffic in first phase
- https://www.indiatoday.in/india/story/driverless-pod-taxis-to-connect-jewar-international-airport-with-greater-noida-1774550-2021-03-02
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.
“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.
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.
Airport to be called DELHI NOIDA INTERNATIONAL AIRPORT
https://www.aajtak.in/india/uttar-pradesh/story/land-given-to-more-than-50-companies-in-greater-noida-and-yamuna-authority-10000-people-will-get-job-1175659-2020-12-11?utm_source=atweb_story_share
50 companies allotted land will create 10000 jobs
Proud Moment for Indian’s, as Asia’s largest Transit Infra deal is inked with Zurich Airport today Afternoon. Expecting investment of Rs. 500,000 lacs crores in the area within a decade, thereby area contributing to immense growth for entire Nation
https://www.amarujala.com/delhi-ncr/zurich-international-and-noida-international-airport-limited-sign-on-contract-for-jewar-airport-noida-airport-indias-biggest-airport
https://m.economictimes.com/industry/transportation/airlines-/-aviation/our-airport-will-be-cheaper-than-ones-built-20-years-ago-jewar-airport-md/articleshow/78531413.cms
https://www.moneycontrol.com/news/business/real-estate/swiss-developer-can-now-begin-work-on-rs-29560-crore-jewar-airport-project-5934131.html/amp