YEIDA to launch housing plot scheme near Jewar airport site soon – ET RealEstate

GREATER NOIDA: The Yamuna Expressway Authority plans to launch a residential plot scheme in sectors 17 and 22D near the upcoming international airport at Jewar by October this year.

Officials have been told to locate about 1,000 feasible plots ranging from 120 to 300 sqm in these two sectors.

GNIDA is also preparing to launch a built-up residential housing scheme in sectors Xu 1, 2 and 3 by the middle of this month.

“Work is underway to locate plots for the residential plot scheme in sectors 17 and 22D of the Yamuna Expressway area. Instructions have been given by the CEO to draw up the scheme for launch latest by early next month,” said an official from YEIDA.

GNIDA officials, meanwhile, said that their property department has made all preparations, including the brochure, for the residential housing scheme that is expected to be launched by mid-September.

For this, about 113 built-up buildings as well as plots, which had been left out of allotment earlier, have been identified by the Authority in sectors Xu 1, 2 and 3.

“Some 12 buildings of 200 sqm in Sector Xu 1, 16 buildings of 120 sqm in Sector Xu 2, and 85 plots of 120 sqm in Sector Xu 3 have been identified. The cost of a 120 sqm building will be around Rs 58 lakh while that of a 200 sqm building will be around Rs 82 lakh,” an official said.

“Allotment will be done on a first come first serve basis. Preference will be given to allottees opting to make a lump sum payment. There will also be an option to pay in instalments. The applicant will have to apply by paying 10% of the total cost and only through the online application process,” he added.

While the link to apply for the scheme will be available on the GNIDA website, the successful applicants will have to deposit 20% of the total amount within 60 days from the date of allotment.

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Noida airport needs more land for Phase 1 – ET RealEstate

NOIDA: The first phase of Noida International Airport will be a little bigger than the original plan. Instead of 1,334 hectares, the airport will now be developed over 1,350 hectares, with the additional 16 hectares to be utilised for building a maintenance, repair and overhaul (MRO) centre. The additional land is being acquired in Kureb village, directly from farmers, officials said.

A senior official connected with the project told TOI that the land parcel is needed close to the stretch where the runway has been earmarked. “That makes Kureb the ideal location,” he added. Moreover, the village has already been notified under Yamuna Expressway Industrial Development Authority.

In fact, the requirement of the additional land was felt soon after Yamuna International Airport Private Limited (YIAPL), the 100% subsidiary of concessionaire Zurich Airport International, submitted its master plan to Noida International Airport Limited (NIAL), the special purpose vehicle of the UP government established to develop the greenfield airport in Jewar.

According to officials, after superimposing the various components of the master plan on the revenue map, it was found that additional space will be needed for the MRO centre. Though originally 1,334 hectares were acquired in six villages for the airport under the Land Acquisition Act, the land for MRO centre had not been provisioned then.

Zurich Airport International has been awarded the 40-year concession rights to operate the Jewar airport.

Arun Vir Singh, CEO of the Yamuna Expressway Authority, and who also heads NIAL, said, “The airport will be developed over 1,350 hectares now. We have already begun work to aggregate the additional 16 hectares and officials are getting in touch with owners of the agricultural fields situated in Kureb village.” Officials said that Rs 2,300 per sqm will be offered to farmers and that negotiations are on with the land owners. As the runway of the proposed airport is to developed in Nagla Ganeshi, the authorities have to get the village vacated by completing the process of rehabilitating 238 families. The additional land that is being aggregated is located within one km from Nagla Ganeshi.

Additional district magistrate (land acquisition) Balram Singh said, “As Kureb was already notified under YEIDA, there was no need for the administration to step in and notify the act. Meanwhile, other villagers displaced by the airport project have also started building their houses in the Jewar Bangar township and by the end of this month, all the six villages will be vacated.”

NIAL’s nodal officer Shailendra Bhatia said, “The additional land will be used to set up the MRO centre. It will be the best and most advanced MRO centre in northern India and will improve the financial viability of the project for all the stakeholders.”

With the latest development, the first phase will cover seven villages of Jewar sub-division, which include Rohi, Parohi, Ranhera, Dayanatpur, Kishorpur, Banwaribas as well as Kureb.

Simultaneously, the district administration has also commenced the procedure for carrying out a social impact assessment study of the villagers who will be impacted during land acquisition for the second phase of the project.

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About 440 residential plots up for grabs near Jewar airport – ET RealEstate

GREATER NOIDA: Those looking to own a house close to the upcoming international airport in Jewar can now do so as the Yamuna Expressway Authority has launched a residential plot scheme.

Taking note of the demand for smaller plots, the Authority has floated a total of 440 residential plots measuring about 300 sqm. Earlier this week, the Authority launched some 367 industrial plots.

Officials said people will have time up to March 30 to apply for the residential plots. “Post-applications, the documents will be scrutinised. Allotment will be done through a draw of lots on May 5,” said YEIDA CEO Arun Vir Singh.

Sharing more details, the Authority officials said that the maximum number of plots (117) launched in the scheme admeasure 120 sqm. While plots measuring under 200 sqm will be available at the rate of Rs 16,870 for a sqm, the bigger ones will be offered for Rs 16,550 per sqm. The plots will be situated in sectors 17, 18, 20 and 22D along the Yamuna Expressway.

The industrial plot scheme will draw to a close on March 20 and allotment will be done through a draw of lots on April 15.

Industrial plots are being offered in Sector 33 for toy manufacturers, handicraft, handloom and furniture companies in Sector 29 and general industries or startups in sectors 32 and 33. Industrial plots will be allocated at the rate of Rs 6,670 a sqm.

While 24 plots are being offered in Sector 33 for toy manufacturers, YEIDA has earmarked 47 plots in Sector 29. Maximum number of industrial plots (296) will be available in sectors 32 and 33 to open general non-polluting industries.

YEIDA will develop the area and apart from constructing external and internal roads will also provide electricity connection, water connection, sewerage line and drainage system in the locality.

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Jewar airport in mind, YEIDA readies 20-year master plan – ET RealEstate

GREATER NOIDA: How much population will settle down along the Yamuna Expressway in the coming years? For the first time, the Yamuna Expressway Authority will have a realistic population estimate as it is getting its master plan ready to meet the region’s future demands, keeping in mind the Jewar airport project.

YEIDA’s present master plan is drawing to a close since it had been prepared to handle the needs of the city up to 2021. Preparing for the next two decades, the Authority will shortlist a town planner and an architectural consultancy firm next month to prepare Master Plan 2041.

Established in 2001, YEIDA launched its first plotting scheme in 2009. Sitting over the largest land bank spanning across six districts at that time, the then town planner had estimated that by the end of 2021, about 21 lakh people would settle down in the colonies and apartments being developed along the expressway.

However, only a handful of apartments remain inhabited and a residential colony is yet to be developed. The present urban population staying under YEIDA’s jurisdiction is estimated to be under 25,000.

Officials said the failure of the Jaypee Sports City and delayed payment by the group took a toll on the long-term planning of the area. However, the buzz around the Jewar international airport has reignited the hopes of the Authority.

YEIDA’s CEO Arun Vir Singh said, “Developers who had been allocated land along Yamuna Expressway to develop apartments did not pay up their dues. Without money, development work came to a halt and projects floated by the Authority had to suffer.”

“Since land had been allocated, the population estimates for 2021 were based on the timeline of such projects. But things have been moving at a fast pace due to the Jewar airport. Our residential and industrial schemes floated in the past are nearing completion,” he added.

Singh said that the planning division of the Authority has been asked to sit together with the consultancy firm for a detailed discussion before finalising the population estimates for 2041.

According to officials, the focus will be on developing the land between Chola railway station to focus on promoting logistics and warehousing activity. YEIDA will also ask the consultant to make transport nodes and roads to boost the connectivity of Jewar airport to neighbouring districts as well as Haryana.

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