Tag: Yamuna Expressway

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

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…

InfrastructureLatest Stories

Yamuna Authority Plans 500 Acres for Japan and Singapore Cities

LUCKNOW: The Yamuna Expressway Industrial Development Authority (YEIDA) has submitted a proposal to the state government for the development of Japan City and Singapore City along the Yamuna Expressway, officials reported on Thursday. YEIDA CEO R K Singh stated that the proposal, sent on February 18, notified the state’s Infrastructure and Industrial Development Commissioner about the identified land for these projects within the authority’s jurisdiction. He also mentioned that the authority has developed a land acquisition plan for both initiatives. Singh highlighted that this information was requested in light of Chief Minister Yogi Adityanath’s upcoming official visits to Japan and…

InfrastructureLatest Stories

500 Acres in Sector 11 Set for AI & Finance Hub by Yamuna Expressway

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has designated approximately 500 acres in Sector 11 for creating a specialized hub focused on artificial intelligence (AI) and financial services companies. Officials indicate that the acquisition of most of the land has been completed, and efforts will now shift towards attracting businesses to this sector. YEIDA intends to solicit expressions of interest (EOI) from companies looking to establish operations in this area. In addition to AI and financial services, the land will also cater to data centers, banking technology firms, stock market services, and financial software development companies.…

Latest StoriesRegulatory

FIR Filed Against Logix Buildestate & Ace Group Over Assault Claims

NOIDA: Authorities filed a First Information Report (FIR) against two developers for alleged intimidation and violence after a farmer accused individuals associated with them of forcibly taking over his agricultural land and attacking family members during a confrontation late at night in the Rabupura area along the Yamuna Expressway. Pramod, a resident of Raunija village, stated that the 0.9-hectare land parcel, recorded under kasra number 63 in Shahpur, has been farmed by his family “for generations.” This land was designated for an Ace Estate project near the upcoming Noida International Airport; however, its acquisition by the Yamuna Expressway Industrial Development…

IndustryLatest Stories

YEIDA Offers One-Year Relief to Plot Allottees, Unveils New Policy

Representative image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) held a board meeting where several important decisions were made to aid plot allottees, enhance mobility, and improve regional infrastructure in preparation for the impending launch of the Noida International Airport. During the meeting on Friday, approvals included time extensions for plot development, a new one-time settlement (OTS) policy, the design approval for the Authority’s new headquarters, and the introduction of hydrogen-fueled buses in collaboration with NTPC. YEIDA extended the deadline for allottees of residential plots who are unable to start construction due to pending land availability and infrastructure issues.…

IndustryLatest Stories

Noida Airport Ready, But 94% Business Plots Unused Along Yamuna

Representative Image NOIDA: As Uttar Pradesh rushes to finalize the Noida International Airport, a government survey has revealed that a significant portion of industrial land along the Yamuna Expressway—projected as a major growth corridor—remains undeveloped, hindering the region’s industrial potential just months ahead of the airport’s inauguration. The ongoing Invest UP survey, ordered by Chief Minister Yogi Adityanath earlier this year, indicates that more than 8,200 out of 33,493 industrial plots surveyed statewide are unutilized. This issue is particularly pronounced in the Yamuna Expressway Industrial Development Authority (YEIDA) area, where a staggering 94% of the 3,476 plots lack any development.…

Latest StoriesResidential

YEIDA to Develop Housing Clusters for Heritage City

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to develop residential and commercial clusters in the Heritage City project at Raya, close to Mathura-Vrindavan, rather than a private developer as initially planned. The project will adopt a public-private partnership (PPP) model to enhance religious, cultural, and tourism infrastructure within the ₹7,200-crore hub of the Braj pilgrim circuit. The project, situated in the proposed Raya Urban Centre, will span 753 acres and feature a heritage-themed township, a 30 km Yamuna riverfront, and a 100-foot statue of Lord Krishna at its center. Additional proposals include wellness and yoga centers, hotels,…

Latest StoriesRegulatory

Allahabad HC: YEIDA to pay penalty to 150 plot allottees

NOIDA: The Allahabad High Court’s Lucknow bench has resolved nearly 150 RERA appeals from the Yamuna Expressway Industrial Development Authority (YEIDA) concerning allottees from its inaugural residential plot scheme in 2009, which includes about 21,000 plots in Greater Noida’s Sectors 18 and 20. The court supported the allottees, mandating YEIDA to pay outstanding dues along with interest for delays, while denying the authority’s request for a refund of pre-deposited amounts. The original residential plot schemes were initiated adjacent to the Yamuna Expressway. However, allottees faced development delays due to farmers’ protests and legal disputes over land acquisition. Further delays arose…

IndustryLatest Stories

YEIDA allocates 49 plots near Yamuna Expressway

Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) finalized the allotment process for two significant schemes on Friday. These include industrial plots related to its MSME, Toy Park, Apparel Park, and Handicraft Park initiatives, as well as plots for the Medical Device Park scheme. A total of 49 plots have been allocated across both schemes, which are projected to attract nearly ₹800 crore in investments. In the industrial plot scheme, which was open for applications from May 8 to July 31, YEIDA offered 37 plots of up to 8,000 sqm in sectors 29, 32, and 33. From 527…