Film City project in Yeida to take off on June 26
The upcoming International Film City project in Sector 21 of the Yamuna Expressway Industrial Development Authority (Yeida) along the Yamuna Expressway will take off on June 26 with the foundation laying ceremony, officials said on Saturday. The first phase of the project is estimated to be completed within 18 months after the work starts. Boney Kapoor's consortium submits their plans for the Film City in May. (HT Photo)
The Bayview Bhutani Film City Pvt Ltd — a consortium led by film producer Boney Kapoor and the Bhutani Group— is executing the project, which will be divided in three phases. The first phase will spread over 230 acre with an estimated cost of ₹ 1,510 crore.
According to Boney Kapoor, in the first phase of the project, multiple film studios and sound stages will be constructed and shooting of films will begin within 18 months. Rajeev Arora, general manager, Bayview Bhutani Film City Pvt Ltd, said Yeida had approved the layout plan for the first phase on June 16.
It will also include post-production units, a runway, helipad, galleries resembling the Parliament House, 'char dham' themed sets and solar-powered locations. The Bayview Projects LLP and the Bhutani Group offered the gross revenue share bid of 18 percent in the project.
Following the issuance of the Letter of Award, a concession agreement was signed on June 27, 2024, between Yeida and the concessionaire representative Boney Kapoor. In accordance with the agreement, the Right of Way was handed over to the concessionaire on February 27, 2025.
The project will be completed in three phases spread across 1,000 acre over the next eight years. In the first phase, construction will take place on 230 acre and in the future, expansion will take place on the remaining 770 acre in second and third phases.
In the first 230 acre, main structures like film studios, sound stages, post-production units, and a film institute will be built on 155 acre while a commercial centre with retail, offices and entertainment complexes will be developed on the remaining 75 acre.
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Hindustan Times
6 hours ago
- Hindustan Times
Film City project in Yeida to take off on June 26
The upcoming International Film City project in Sector 21 of the Yamuna Expressway Industrial Development Authority (Yeida) along the Yamuna Expressway will take off on June 26 with the foundation laying ceremony, officials said on Saturday. The first phase of the project is estimated to be completed within 18 months after the work starts. Boney Kapoor's consortium submits their plans for the Film City in May. (HT Photo) The Bayview Bhutani Film City Pvt Ltd — a consortium led by film producer Boney Kapoor and the Bhutani Group— is executing the project, which will be divided in three phases. The first phase will spread over 230 acre with an estimated cost of ₹ 1,510 crore. According to Boney Kapoor, in the first phase of the project, multiple film studios and sound stages will be constructed and shooting of films will begin within 18 months. Rajeev Arora, general manager, Bayview Bhutani Film City Pvt Ltd, said Yeida had approved the layout plan for the first phase on June 16. It will also include post-production units, a runway, helipad, galleries resembling the Parliament House, 'char dham' themed sets and solar-powered locations. The Bayview Projects LLP and the Bhutani Group offered the gross revenue share bid of 18 percent in the project. Following the issuance of the Letter of Award, a concession agreement was signed on June 27, 2024, between Yeida and the concessionaire representative Boney Kapoor. In accordance with the agreement, the Right of Way was handed over to the concessionaire on February 27, 2025. The project will be completed in three phases spread across 1,000 acre over the next eight years. In the first phase, construction will take place on 230 acre and in the future, expansion will take place on the remaining 770 acre in second and third phases. In the first 230 acre, main structures like film studios, sound stages, post-production units, and a film institute will be built on 155 acre while a commercial centre with retail, offices and entertainment complexes will be developed on the remaining 75 acre.
Hindustan Times
14 hours ago
- Hindustan Times
Int'l Film City project to take off on June 26
The ambitious International Film City project of the Yogi Adityanath government will take off on June 26 with the foundation laying ceremony. The chief minister's dream project coming up in Sector-21 along the Yamuna Expressway will be completed in the next 18 months. The chief minister's dream project coming up in Sector-21 along the Yamuna Expressway will be completed in the next 18 months. (HT file) The Bayview Bhutani Film City Pvt Ltd—a consortium led by film producer Boney Kapoor and the Bhutani Group—is executing the project which will be spread in an area of over 230 acres with an estimated cost of ₹ 1,510 crore. According to Boney Kapoor, in the first phase of the project, multiple film studios and sound stages will be constructed and shooting of films will begin within 18 months. Rajeev Arora, general manager, Bayview Bhutani Film City Pvt Ltd, said the YEIDA approved the layout plan for the first phase of the project on June 16. The foundation laying ceremony will be held on June 26, he added. The list of dignitaries likely to attend the event is currently being finalised. In the first phase, the project will feature film studios, institutes, and infrastructure related to film production. It will also include post-production units, a runway, helipad, galleries resembling Parliament House, Char Dham-themed sets and solar-powered locations. The Bayview Projects LLP and the Bhutani Group bagged the film city project by offering the highest gross revenue share bid of 18 percent. Following the issuance of the Letter of Award, a concession agreement was signed on June 27, 2024, between the YEIDA and the concessionaire representative Boney Kapoor. In accordance with the agreement, the Right of Way was handed over to the concessionaire on February 27, 2025 and the project's master plan received official approval on January 30, 2025. The International Film City is being hailed as a historic step towards establishing Uttar Pradesh as a national and global hub for film production. The project will be completed in three phases over the next eight years. In the first phase, construction will take place on 230 acres, and in the future, expansion will take place on the remaining 770 acres in second and third phases. In the first 155 acres, main structures like film studios, sound stages, post-production units, and a film institute will be built. Additionally, on 75 acres, a commercial centre with retail, offices and entertainment complexes will be developed, but this will start only after the film-related buildings are completed. What film city will have *A convention centre with 10,000 seats *A museum based on Indian cinema *A special film festival area, which will have a guest house and an auditorium. *Separate accommodation facilities for artists. *Small studio units with different Indian architectural styles, which can be rented out for shooting or staying *Large sound stages and an underwater shooting studio
Hindustan Times
a day ago
- Hindustan Times
Yeida: Audit report on stuck JAL projects due by July 16
The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has directed consultant firm Currie & Brown to begin study and audit work of stalled Jaiprakash Associates Limited's (JAL's) 12 housing projects and submit the report by July 16. Yeida hired the agency in May for a survey to determine the exact status of the stalled housing projects. (Sunil Ghosh/HT photo) Yeida hired the agency in May for a survey to determine the exact status of the stalled housing projects including apartment towers and plotted development, but JAL failed to complete the survey citing fund crunch, said officials. Thousands of homebuyers are stuck in 12 stalled residential projects of Jaypee Associates Limited along the Yamuna Expressway. The case goes back to 2008, when Yeida allotted about 1,000 hectares of land under the Special Development Zone (SDZ) to Jaypee International Sports, a subsidiary of JP Associates, to build a sports city. The process was halted when JAL challenged the Allahabad high court order in the Supreme Court. Now the matter is pending before the Supreme Court. However since there is no 'stay' over the HC order the Yeida is continuing implementation of the order's directives, said officials. 'We have officially signed an agreement with the Currie & Brown that has been given a month's time to survey and submit the audit by July 16 so that we can get the exact status of the site. The agency in its report will provide the details of the total number of units proposed, and plots planned in JAL's project that was part of Formula One's sports city project. The report will contain the latest details including how many apartments are to be finished and delivered, and how many plots are proposed, and how many plots' possession is given etc,' said Arun Vir Singh, chief executive officer of the Yeida. The Yeida wants to know what percentage of work is incomplete and finished on apartment towers, and also of the plotted area, said Singh. 'Once we have these details, we can figure how much time it will take to complete and deliver the projects, and how much funds we require to deliver justice to thousands of homebuyers. We will be having the exact deadline of all the towers and plotted areas to share with the buyers. Once the survey is done we will also finalize the developer to be engaged to finish and deliver the projects,' said Singh. The project included the Buddh International Circuit, which hosted a MotoGP race in 2023, and several residential developments that were never completed. 'Due to non-payment of dues, Yeida cancelled the land allotment in February 2020. Earlier this year, the Allahabad High Court upheld this cancellation and directed the authority to take over and complete the housing projects,' said Singh. 'We booked a flat in this project in 2011 with hope to get the possession in 2014. But we are still waiting for justice. In 2020 the Yeida cancelled the lease of the project land. JAL took the matter to Allahabad High court that has ordered the Yeida to build the project. Now we hope that we get the possession as the Yeida has assured us, and it is ready to infuse the funds. There are around 8,000 homebuyers who are in distress due to the fault of the Jaypee Associates Limited,' said Shamendra Singh, general secretary of Jaypee Sports City welfare society. The high-level oversight committee includes the Principal secretary of industrial development, the Chairman of UP RERA, a nominated representative, Yeida CEO Arun Vir Singh, a representative from the housing department, and the authorised homebuyer representative. The authority also plans to go ahead with developing international-standard sports infrastructure as originally planned, as per the high court order. As per the Allahabad high court order the Jaiprakash associates Limited has lost the project as the order upheld the Yeida's decision to cancel the lease. Now the Yeida has the lease in its name, and a mandate to build the project.
