Work on international film city in YEIDA region to begin next month: Govt
Construction work on an International Film City project is set to begin next month in the Yamuna Expressway Industrial Development Authority (YEIDA) region. The project is aimed at establishing Uttar Pradesh as a major hub for film production, media, entertainment, and tourism, a statement said on Saturday.
According to the government, the developer, Bayview Projects LLP, a company owned by filmmaker Boney Kapoor, has completed most of the preparatory work, which included geo-technical survey of the construction site and the company is expected to submit its building plan within the next few days.
Meanwhile, land levelling work is underway, with associated infrastructure such as road construction and site cleanliness nearing completion. The construction will officially commence soon, with the foundation stone to be laid by Chief Minister Yogi Adityanath, said the statement.
According to Rajeev Arora, GM of Bayview Projects LLP, in the first phase, the company will build 13 to 14 modern film sound studios and a film institute spread over around 3 lakh square metres. The entire project will be completed in three phases over eight years.
Arora said, CM Yogi will lay the foundation stone for which the process of fixing the time from the Chief Minister's Office is going on.
Following the CM's instructions, YEIDA is ready to start the work quickly and all the processes, from land acquisition to farmer compensation, are being handled without obstacles, the statement said. The project is also expected to aid in creating jobs, attracting investments and promoting the state's cultural heritage.
The Film City is being developed in Sector 21 along the Yamuna Expressway, over a total area of 1,000 acres. Phase 1 will cover 230 acres at an estimated cost of Rs 1,510 crore. Bayview Projects LLP was selected as the top bidder by offering the highest gross revenue share of 18%. The company received the Letter of Award last year.
On June 27, last year, YEIDA signed a concession agreement with the company's representative, filmmaker Boney Kapoor. According to that agreement, the right of way for the site was handed over on February 27, this year.
The master plan for the Film City was approved on January 30, this year. The remaining 770 acres is proposed to be developed in Phase 2 and Phase 3, the statement added.
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