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Apart from the Rs 4,500 crore investment for tractor manufacturing unit, Escorts Kubota's proposed investment will provide employment to 4,000 people in phased manner.
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According to Authority officials, these plots are located in Sectors 17, 18 and 20 near the upcoming Noida International Airport in the Jewar region along Yamuna Expressway. The scheme is meant for factory workers working in Yamuna Expressway region and also for those with an annual income of Rs 3 lakh.
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Discover India's tallest Lord Krishna statue, standing at 108 feet, at Yamuna Expressway. Learn more about this architectural marvel and its significance.
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Filmmaker Boney Kapoor has recently submitted a master plan consisting of the layout for the Film City project’s first phase spread across 230 acres, to the Yamuna Expressway Industrial Development Authority for approval. The construction work is likely to begin at the site from January end after the approval of the master plan.
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Real Estate experts said that such an overwhelming response underlines the residential demand in the area neighbouring Noida Airport. Industry data shows land prices in areas like Jewar have appreciated by 40-50 percent over the last two years
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'New Agra' will come up along Yamuna Expressway and will roughly be located around 190 km from Noida and around 140 km from the upcoming Noida Airport in Jewar. The land for New Agra will be procured from 60 villages in Etmadpur tehsil of the city of Agra.
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With the onset of winter, traffic arrangements have been tightened on both the expressways.
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The “American City” project will consist of a school, college and an international institute that will have facilities for performing arts. The proposed city will also have commercial complexes, American styled luxury residences and entertainment hubs.
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The newly launched residential plots are available in five different categories, primarily targeting mid-income group buyers. Registrations for the scheme will close on November 30, 2024.
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YEIDA has earned Rs 1,034 crore through the allotment of these group housing plots. The plots will be allotted to developers for the construction of group housing projects in another three months after the necessary formalities, including payments and approvals, are completed, according to an Authority official.
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Since the expressway's construction in 2012, the Uttar Pradesh government approved annual toll hikes until 2015, when it directed Yeida to manage future increases. The recent decision was made during Yeida's board meeting, aimed at allowing the toll operator to collect approximately Rs 1 crore daily.
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The allotment rate is likely to be around Rs 25,900 per square metre, at which the smallest 120 sq m plot will cost around Rs 31.08 lakh while the 162 sq m plot Rs 41.95 lakh.
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ATS Realty's payment of Rs 130 crore, 25 percent of its dues, will also revive its township project on the Yamuna Expressway
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According to the officials, of the total 6,065 hectares, 4,076 hectares will be acquired through land acquisition process and 1,609 hectares will be purchased directly from farmers through mutual agreement while 380 hectares will be reclaimed as it is the government land.
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These plots can be used for the construction of hospitals, nursing homes, nursery schools and child welfare and maternity centre. The Authority aims to raise close to Rs 100 crore from the plots
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The group housing scheme was floated on August 1 and will close on August 30, 2024. The e-auction will be condusted on September 30. The plots are located along Yamuna Expressway near Noida International Airport. The Yamuna Exprfessway authority is aiming to get at least around Rs 1,407 crore from allotment of these plots.
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The YEIDA sold these plots cumulatively for around Rs 246.44 crore. Both the group housing plots are located in sector 22D off Yamuna Expressway which connects Greater Noida with the heritage cities of Mathura and Agra.
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These residential plots are located in proximity with Noida International Airport and Yamuna Expressway. The last date to apply for the scheme is August 5, 2024. The allotment of plots will be done through lucky draw which will be organised on September 20, 2024.
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Yamuna Expressway Authority will develop a multimodal logistics park near Noida airport in Tappal region. A total of 950 hectares has been earmarked for the logistics park but the first phase of the project will be developed in 200-hectares of land.
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Officials said that with the signing of the concession agreement, the Bayview Projects LLP has also been handed over the allotted land parcel to start construction work for the first phase of the project. The first phase of the project will be built on 230 acres of land while the total area earmarked for the project is 1000 acre. Estimated investment is above Rs 1500 crore.
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The Yamuna Expressway Authority will acquire the land from 40 villages including Tappal-Bajna (771 hectares), Karauli Bangar (250 hectares), Muradgarhi (336 hectares), Rabupura (994 hectares), Tirthali (479 hectares), Mayana (252 hectares), Kallupura (218 hectares) and Mudrah (290 hectares) among others.
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This time, around 6,000 smaller plots measuring up to 30 sq m and larger size plots of between 200 sq m and 4,000 sq m will be on offer, and will be allotted in three sectors near the new airport.
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According to officials, developers owe around Rs 44,700 crore to the authorities in Gautam Budh Nagar. The dues for the Yamuna Expressway Authority stand at Rs 4,700 crore.
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Under the scheme, three plots of 3,400 5,000 and 10,000 sq m Sector 28, abutting the Yamuna Expressway and in proximity to the upcoming Noida International Airport at Jewa rhave been put on sale
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The Yamuna Expressway Authority aims to make revenue of at least Rs 450 crore by the allotment of these group housing plots near Noida Airport. The last time YEIDA had allotted group housing plots was in 2014. The scheme closes on May 20, 2024 and the e-auction will be conducted on June 10, 2024.
