YEIDA to acquire 6,000 Hectares of land for urban development

Unnati More May 28, 2024 0

The Yamuna Expressway Industrial Development Authority (YEIDA) plans to acquire an anticipated 6,000 Hectares of agricultural land as a step toward urban development. The authority aims to develop a city near Noida International Airport along the Yamuna Expressway.

YEIDA has earmarked an estimated INR 14,000 Crore for acquiring 6,065 Hectares of land over the next two years. Of this, 1,609 Hectares will be purchased directly from farmers through mutual agreements. Meanwhile, 4,076 Hectares will be acquired through the land acquisition process. The remaining 380 Hectares will be reclaimed as government land.

YEIDA plans to spend approximately INR 63,500 Crore to develop basic civic services, such as roads, sewers, parks, and electricity. YEIDA will acquire land from 40 villages, including Rabupura, Tirthali, Karauli Bangar, Muradgarhi, Tappal-Bajna, Mudrah, Kallupura, Mayana, and others.

Also Read: YEIDA Unveils Mega Industrial Hub Along Yamuna Expressway

The land will be used to set up new sectors (including 5, 6, 7, 8, 9, 10, and 11) and acquire areas for sectors 22E, 28, 29, 32, and 33. Additionally, industrial parks and logistic parks are part of the development plan. YEIDA will acquire 712 Hectares of land in Tappal-Bajna to develop an urban center. Furthermore, 528 Hectares of land will be acquired (in Dorpuri and Syarol villages) for setting up a logistic park.

The land in Sector 10 will be reserved for developing five industrial parks (including an electronics manufacturing park). The state government issued a notice for land acquisition in March for this sector. Moreover, Sector 11 will be developed as a fintech city, and Sectors 5 and 5A will be developed as Japanese cities covering nearly 395 Hectares. Meanwhile, sector 4A will be developed as a Korean city.


Biltrax Construction Data is tracking 30,000+ projects on their technology platform for their clients.

Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.

Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information as well as opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

0

Leave a Reply

Your email address will not be published.