Tag: Noida International Airport

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FIR Filed Against Four for Building on Noida Airport Land

NOIDA: An FIR has been filed against four individuals for allegedly constructing illegal structures on land designated for the Noida International Airport expansion in Jewar, despite an official ban on new construction and transactions. The FIR was registered after lekhpal Niranjan Mishra conducted an inspection in Mukimpur Shiwara, roughly 4km from the airport site, and discovered extensive unauthorized constructions. This village is within the third phase of the airport project, which was officially announced by the state government on April 11 of the previous year. Mishra indicated that the affected land includes several villages, such as Rohi, Parohi, Banwaribas, Ramner,…

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YEIDA extends FinTech hub application deadline

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has pushed back the application deadline for its planned 500-acre FinTech hub in Sector 11 near the Noida International Airport to April 29, from the previous April 2 deadline. Shailendra Bhatia, the authority’s additional CEO, explained that the deadline was adjusted to coincide with an upcoming financial summit aimed at attracting global investors and industry representatives. “We have moved the bid due date from April 2 to April 29, with the technical bid opening now set for May 1. This change is due to the Money Alpha 360° summit, which focuses on…

InfrastructureLatest Stories

Noida Land Rates Match YEIDA at ₹4,300 per sq meter

Representative AI image NOIDA: The Noida Authority has established land acquisition rates for the third and fourth phases of the Dadri-Noida-Ghaziabad Investment Region (DNGIR), also known as New Noida, at Rs 4,300 per sqm. This aligns with the revised rates set by the Yamuna Expressway Industrial Development Authority for the Noida International Airport project. The first phase had a land acquisition rate of Rs 2,100 per sqm, while the second phase was set at Rs 3,100 per sqm. The DNGIR project will cover 209 sq km, encompassing 84 villages in Gautam Budh Nagar and Bulandshahr districts. Of these, 63 villages…

Latest StoriesResidential

Noida Becomes Luxury Realty Hub as Corporates Move In

Representative AI image NEW DELHI: Noida is evolving from an affordable housing market to a premium and luxury real estate hub, a position previously held exclusively by Gurugram in the Delhi NCR region. With the launch of a new international airport, property developers aim to attract corporate clients by offering high-end residences priced up to ₹40 crore, in collaboration with leading hospitality firms. M3M, Max, Gulshan, and County Group are introducing luxury residences in Noida, with average prices ranging from ₹25,000 to ₹35,000 per sq ft. “Noida is swiftly becoming a premium and luxury real estate destination, marking a significant…

Latest StoriesResidential

YEIDA Unveils 950+ Housing Plots Post Noida Airport Launch

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to launch a residential scheme near Noida International Airport (NIA) on Monday, offering 973 plots. Officials announced that 17.5% of the plots will be allocated to farmers whose land has been acquired for the development of the Yamuna area and the airport. Additionally, 5% will be reserved for businessmen with functional industrial units in the Authority area. The land rate is set at Rs 36,260 per square meter, and plots, located in sectors 15-C, 18, and 24, will be allocated via a draw. The project launches shortly…

InfrastructureLatest Stories

Land payout begins April 3 in 14 Jewar villages for airport expansion

Representative AI image NOIDA: The district administration plans to establish daily camps in 14 villages in Jewar starting Friday. This initiative aims to expedite compensation payments for farmers affected by land acquisition for the Noida International Airport expansion, covering 1,838 hectares under phases 3 and 4. The following villages will be involved: Thora, Neemka Shahjahanpur, Khwajpur, Ramner, Kishorepur, Banwaribas, Parohi, Muqimpur Shivara, Jewar Bangar, Sabauta Mustafabad, Ahmedpur Chaurauli, Dayanatpur, Bankapur, and Rohi. Camps will be held at primary schools, panchayat bhawans, and community centres in these villages until each affected farmer is accommodated. Compensation will be disbursed at a rate…

IndustryLatest Stories

Noida Airport to Drive Real Estate Growth in NCR, Yamuna Expressway

Representative AI image NEW DELHI: On Saturday, Prime Minister Narendra Modi inaugurated phase-I of the Noida International Airport in Jewar, at an estimated cost of ₹11,200 crore. This initiative is expected to significantly transform the real estate landscape of the National Capital Region (NCR). The airport, situated along the Yamuna Expressway, aims to enhance connectivity in western Uttar Pradesh and the NCR, linking important urban and industrial centers such as Noida, Greater Noida, Ghaziabad, Agra, and Aligarh. Modi noted that the project represents a pivotal advancement in Uttar Pradesh’s development and will bolster India’s aviation capabilities. He stated, “Airports are…

InfrastructureLatest Stories

Noida Airport Phase-I to cost ₹11,282 crore; total ₹29,560 crore

NOIDA | LUCKNOW: The first phase of the Noida International Airport in Jewar, with an investment of Rs 11,282 crore, is set to be inaugurated this Saturday by Prime Minister Narendra Modi. This phase is part of a larger initiative estimated to cost Rs 29,560 crore, aimed at establishing Jewar as a prominent aviation hub for North India. As stated, the Prime Minister will also launch the cargo terminal and lay the foundation for a Maintenance, Repair and Overhaul (MRO) facility, enhancing India’s aviation infrastructure. Chief Minister Yogi Adityanath will attend the event along with several Union and state ministers.…

InfrastructureLatest Stories

PM Launches Phase I of Noida International Airport

NOIDA: Prime Minister Narendra Modi inaugurated the first phase of the Noida International Airport, situated in Jewar, on Saturday. He was joined by Chief Minister Yogi Adityanath, Aviation Minister Kinjarapu Ram Mohan Naidu, and other dignitaries. Extensive security measures were implemented due to the prime minister’s visit. The first phase of the airport, developed at an estimated cost of ₹11,200 crore, aims to serve as a multi-modal transport hub, ensuring seamless connectivity through road, rail, metro, and regional transport systems. According to an official statement, the project will feature a multi-modal cargo hub with an initial handling capacity of over…

InfrastructureLatest Stories

Yamuna Expressway Authority Approves ₹11,829 Crore Budget

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has approved an annual budget of Rs 11,829 crore for the fiscal year 2026-27, focusing on land acquisition and infrastructure development surrounding the new Noida International Airport. A considerable part of the budget, approximately Rs 8,000 crore, is allocated for land acquisition aimed at establishing an industrial and urban ecosystem near the airport. Additionally, Rs 2,011 crore is designated for development and construction in Yamuna City, with Rs 502 crore allocated for the airport itself and Rs 300 crore for multi-modal connectivity initiatives. The decisions were made during YEIDA’s 89th board meeting…