Latest news with #ArunvirSingh
Time of India
3 days ago
- Business
- Time of India
YEIDA to approve key projects to fast-track growth in Greater Noida and Jewar
Lucknow: The Yamuna Expressway Industrial Development Authority (YEIDA) has cleared key proposals aimed at accelerating development and attracting investments in the Greater Noida and Jewar region. At the 85th board meeting held on Wednesday, 54 projects were cleared for implementation over the next 15 years, outlining a comprehensive roadmap for the development of Greater Noida and the entire YEIDA-authorised area. The meeting was chaired by YEIDA chairman Alok Kumar and attended by CEO Dr Arunvir Singh, along with several senior officials and board members. The proposals included crucial decisions related to security, tourism, industrial investment, power supply, rural development, and land allocation. These decisions are considered pivotal for giving a new direction to development in the Yamuna region and are aligned with the objectives of Master Plan-2041. Notably, 1,149 revenue villages from Gautam Budh Nagar, Bulandshahr, Aligarh, Hathras, Mathura, and Agra fall under the YEIDA-authorised area. Gautam Budh Nagar and Bulandshahr are covered under Master Plan-2041, while the remaining four districts are classified as Phase-2 in the authority's notified area. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo The board approved the construction of a new police station on 1,000 square metres of land in the Noida International Airport area to strengthen regional security. Plans to develop tourist attractions such as a golf course, gymkhana club, and Yamuna Haat in the recreational green zones of Sectors 22F and 23B were also approved. Additionally, major projects including Kingdom of Dreams, an Olympic Village, theme parks, an aviation museum, Oxford Golf Resort, Delhi Haat, Cubbon Park, and Delhi Gymkhana Club were proposed to be developed under the public-private partnership (PPP) model, with a focus on finalising guidelines for their implementation. YEIDA also plans to relaunch its highly successful One-Time Settlement (OTS) scheme from July 1 to August 31, 2025, which previously generated over Rs 551 crore. The move aims to offer defaulters a chance to clear dues. Residential, public, institutional, and essential commercial activities have also been planned within a 200-metre radius of rural settlements. The board approved the establishment of an Electronic Manufacturing Cluster (EMC 2.0) in Sector 10, with the support of the central govt. A total of 200 acres of land has been earmarked for this purpose. Special facilities such as data centres, hostels, and skill development centres will be developed to attract international companies. Additionally, approximately 7,485 square metres of land has been identified for the establishment of fire stations in sectors 18 and 32.
Hindustan Times
05-06-2025
- Business
- Hindustan Times
Jewar Airport, India's first 100% FDI aviation project, set to transform connectivity
The Noida International Airport also known as Jewar International Airport in Gautam Buddha Nagar is nearing completion, with one runway and a terminal ready for the first flight. Spread across 1,334 hectares, the airport is being developed by Zurich International Airport AG with Yamuna Expressway Industrial Development Authority (YEIDA) executing the project. Noida International Airport construction marks India's first 100 percent foreign direct investment (FDI) project in the aviation sector. Upon full completion, Jewar Airport will feature six runways and six terminal buildings, with an annual passenger handling capacity of 225 million. However, the Indira Gandhi International Airport, New Delhi, is already operating at its peak capacity of 80 million passengers. Jewar will therefore serve not just NCR but also become a major international gateway for the entire country. According to Yamuna Expressway CEO Arunvir Singh, Jewar Airport is not just an NCR facility—it is strategically connected to multiple regions across India. Located just 700 metres from the Yamuna Expressway, the airport will also be linked to the Delhi–Mumbai Expressway (31 km stretch), the Lucknow–Agra Expressway, Ganga Expressway, and the Meerut–Prayagraj Expressway, Singh said. With such connectivity, travel time from Jaipur to the airport will be just 2 hours and 21 minutes by road, he added. The YEIDA, in collaboration with the central government, is ensuring the airport is integrated with multimodal transport systems. A rapid rail corridor is under development, and the Noida Metro extension is underway. The airport will also be linked with a Personal Rapid Transit (PRT) system. For the first time, Indian Railways is constructing an underground transport system connecting the Amritsar–Kolkata corridor via the Chola line, located just 16 km from Jewar. To facilitate airport construction, the YEIDA has acquired 6,000 hectares of land—notably, without a single court case or farmer protest. This has set a benchmark across the country as a model of conflict-free land acquisition, said the state government.
