Latest news with #YamunaExpresswayIndustrialDevelopmentAuthority
Time of India
3 days ago
- Business
- Time of India
YEIDA nod for golf course, gymkhana near airport
Noida: Yamuna Expressway Industrial Development Authority (YEIDA), in its 85th board meeting on Wednesday, approved several significant infrastructure and housing projects near the upcoming Noida International Airport, utilising land marked as 'recreational greens' in the 2041 master plan. The meeting, chaired by principal secretary MSME & export promotion, infrastructure & industrial development and YEIDA chairman Alok Kumar, gave approval to a housing scheme for the economically weaker sections (EWS) and the development of a new police station and two fire stations, as well as large-scale recreational hubs and industrial planning. YEIDA CEO Arun Veer Singh said the housing plan was designed keeping in mind the influx of workers that will accompany the operation of the Noida International Airport and surrounding industrial zones. "We have decided to allot 30,000 residential plots, each measuring 30 square metres, for people in the EWS category with an annual income of less than Rs 3 lakh. This will ensure that workers have housing facilities close to their workplaces and will help curb illegal encroachment," he said. In the first phase, 4,268 plots will be launched in Sectors 17, 18, and 20. To address law enforcement needs around the upcoming airport, the board approved the development of a new police station on a 1,000 sqm plot with 60% ground coverage and a 24-metre permissible height under FAR 2.5 norms. Additionally, two fire stations will be constructed on 7,485 sqm plots each in Sectors 18 and 32. Fire department has been allotted land at a token rate of Rs 1 per sqm. YEIDA also, gave approval to the development of recreational zones in Sector 22F and Sector 23B, which will be integrated into the broader green belt of the region. Proposed facilities include a golf course, Gymkhana Club, and Yamuna Haat, along with large-scale attractions such as Kingdom of Dreams, Olympic Village, Aviation Museum, Oxford Golf Course, etc. The board granted approval for these recreational projects, directing officials to draft terms and conditions for public-private partnership (PPP) implementation.
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.
Time of India
4 days ago
- Business
- Time of India
UP govt launches scheme to boost medical device manufacturing in Greater Noida
New Delhi: The Uttar Pradesh government has launched a new initiative to promote medical device manufacturing in Greater Noida , an official statement issued here on Tuesday said. The Yamuna Expressway Industrial Development Authority (YEIDA) has rolled out a scheme for the allotment of 21 industrial plots in Sector-28, inviting manufacturers from the medical device sector to set up units, it said. Applications for the scheme are now open, and the last date for submission is July 7. The Medical Device Park under development in Greater Noida is set to become the largest of its kind in the country, it added. Through this scheme, manufacturers will have the opportunity to establish units within this emerging hub, which is expected to significantly boost economic growth in UP. A key feature of the scheme is its focus on high-potential sectors, such as cancer care, radiology, imaging, IVD , implants, electronic medical devices, cardio-respiratory equipment, and renal devices, including catheters. Of the 21 plots available, 16 are 1,000 square metres in size and 5 are 2,100 sq m in size, the statement said. For the 1,000 sq m plots, the total premium is Rs 77.30 lakh, with a registration amount of Rs 7.73 lakh. For the 2,100 sq m plots, the premium is Rs 1.62 crore, and the registration amount is Rs 16.23 lakh. It said that applicants can access detailed information and apply through the official websites of YEIDA and Nivesh Mitra . This initiative by YEIDA is unique in several aspects. Strategically located in Sector 28, the plots offer connectivity via the Yamuna Expressway. They are near key infrastructure projects, including the Noida International Airport in Jewar, the upcoming International Film City , the F1 MotoGP Track, the Electronics Manufacturing Cluster, the MSME Hub, and the Apparel-Handicraft and Toy Park . The region will also benefit from future linkage to the Eastern Peripheral Expressway , enhancing logistics, freight movement, and overall business operations.
News18
4 days ago
- Business
- News18
Plot Near Noida Airport For Rs 7.5 Lakh: All You Need To Know About YEIDA Scheme
Last Updated: Under the scheme, 29% plots are reserved for YEIDA project workers, 5% for ex-defence personnel, and 5% for YEIDA staff, ensuring inclusive access to affordable housing In a move to support affordable housing, the Yamuna Expressway Industrial Development Authority (YEIDA) will roll out a special plot scheme for economically weaker sections (EWS) starting June 18, following recent board approval. This initiative targets individuals working in factories or those with an annual income up to Rs 3 lakh, offering them an opportunity to build their own homes. Over 3,000 plots of 30 square metres each will be available in Sectors 18 and 20 in Jewar, near Noida International Airport, an area rapidly developing into an industrial hub. Arun Veer Singh, CEO of YEIDA, highlighted the increasing demand for housing among workers as numerous domestic and international investors establish industries in the region. The scheme fixes the price of each 30 square metre plot at Rs 7.5 lakh, payable in easy instalments over seven years. Under the scheme, 29 percent of the plots will be reserved for workers in YEIDA projects, 5 percent for retired defence personnel, and 5 percent for YEIDA employees. YEIDA aims to allocate at least 8,000 plots, potentially increasing the number if required, to benefit guards, factory workers, and domestic helpers near Noida Airport. The plots will be distributed through a lottery system, with applicants required to deposit 10 percent of the total price in advance to participate. Full details and dates of the scheme will be announced after the board meeting.
Hindustan Times
5 days ago
- Business
- Hindustan Times
Yeida set to bring affordable housing scheme for the EWS
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) on Monday said it has decided to launch a plot scheme in the affordable housing category, offering an opportunity for economically weaker sections of society. Under the scheme, to be launched after seeking approvals from Yeida board on June 18, at least 3,000 plots measuring 30 square metre (sqm) will be offered in sectors 18 and 20 near Noida international airport that is coming up in the Jewar region, said officials. The scheme is meant for factory workers of the area and those with an annual income of ₹3 lakh, they added. 'We have decided to launch the scheme keeping in mind the demand in this area that is becoming home to new industrial and other projects. Many domestic and global investors are investing in this region, and are setting up their units thereby creating the demand for the housing facilities for workers, who are or will be employed in the units in the catchment area of Noida airport, along the Yamuna Expressway. Keeping in mind the needs of the economically weaker sections, we will offer the plots of 30sqm in size,' said Yeida chief executive officer (CEO) Arun Vir Singh. Yeida has fixed the cost of the 30 sqm plot at ₹7.5 lakh. A successful applicant can pay in instalments up to seven years. The authority will reserve 29% of these plots for those who work in projects located in 'Yeida area', 5% will be reserved for retired defence personnel, and 5% will be reserved for Yeida employees, said officials. 'We will offer at least 8,000 plots of 30sqm so that the EWS category applicants can get the opportunity to build their home near to the Noida airport. We have decided to come up with this scheme to cater to the service sector segment including factory worker, security guard and domestic help, who are essential part of the urban centres,' said a Yeida official aware of the development. Once approved during the board meeting, Yeida will decide the launch date including other details related to it. 'We may add even more plots into this scheme if things will work out because we need to provide more opportunities to the EWS people,' said Singh. These plots will be allotted through lucky draw, and the applicant will pay 10% of the total plot cost to be eligible for the lucky draw,' said officials.
