Latest news with #YamunaAuthority
Time of India
4 days ago
- Business
- Time of India
PM virtually inaugurates 2 substations in Greater Noida
Noida: Prime Minister Narendra Modi virtually inaugurated two 132kV substations in Ecotech 8 and 10 of Greater Noida from Kanpur on Friday. The PM also laid the foundation for a 220kV substation in Yamuna Authority's Sector 28. The three projects, with a combined cost of Rs 450 crore, aim to enhance power supply in the district's industrial and residential areas. These substations were to be unveiled by the PM last month on April 24, but the programme was postponed. "I was to inaugurate several projects in Kanpur last month on April 24. But due to the Pahalgam terror attack, I had to postpone my trip to the city, and subsequently, we gave a fitting reply by way of Operation Sindoor against the Pahalgam terror attack," PM Modi said while addressing the Kanpur rally on Friday. "We had made all preparations for the PM to inaugurate these three projects in GB Nagar via video conference from Kanpur. We were asked to send video clippings of the new substations with all details in this regard, which we have already sent," Dileep Kumar Gupta, executive engineer (Transmission), UPPTCL Noida, told TOI. The 132 kV substations in Ecotech 8 and 10 were completed earlier this year and made operational in Jan. In addition to improving the quality of power supply, they are also expected to make the area more attractive to investors, officials said. Meanwhile, construction for the 220 kV substation in Sector 28 is expected to begin soon and the substation is likely to be ready by Aug 2026. According to officials, this substation will make a significant contribution to meeting the increasing power demand in the future of Sector 28 and the neighbouring areas. "Together, all the three substations will improve the overall power distribution network in Greater Noida and the Yamuna Authority area," said Sanjay Paswan, superintending engineer UPPTCL, Noida. Transmission department officials added that the 220 kV substation will prove to be important in providing power supply to the industrial, residential, and airport areas under YEIDA. PM Modi's Kanpur visit includes launching a series of projects worth Rs 47,600 crore, aimed at boosting the region's power infrastructure and urban mobility. Among the projects inaugurated and unveiled on Friday were the 660 MW Panki Power Plant, the 660 MW Neyveli Power Ghatampur Project, and the second phase of Kanpur city's metro system. The Panki power plant, a cutting-edge thermal facility, is set to substantially enhance local electricity generation. Likewise, the Neyveli Power Ghatampur project will help meet the state's growing energy demands.
Time of India
20-05-2025
- Business
- Time of India
Cubbon Park to Dilli Haat, several slices of India in new Yamuna city
Noida: If imitation is the best form of flattery, Noida won't be shy to say, or do, so. Bengaluru's Cubbon Park, the capital's Dilli Haat and Gurgaon's Kingdom of Dreams are among urban landmarks the new city coming up around the airport will emulate as it gets down to designing its recreation space, which collectively comprises 2,500 acres on either side of the Yamuna Expressway. A Gymkhana club, a golf course and a Polish Aviation Museum-like space are among other prominent features of this development plan on land earmarked in the 'recreational greens' category of the 2041 master plan. A consultant has prepared a detailed project report, which will be presented in the next board meeting for approval. After that, schemes will be launched to allot land. According to officials, land will be allotted in six sectors—16 (approximately 300 acres), 22F (around 450 acres), 23B (about 420 acres), 23C (near 380 acres), 23D (roughly 500 acres), and 23H (close to 460 acres)—for the projects. YEIDA CEO Arun Vir Singh said, "As the new city develops, it is essential to create not just homes and industries, but also vibrant social and recreational spaces for residents and visitors. That is why we conducted a detailed study and identified six sectors under the recreational green category. The aim is not to earn revenue, but to create world-class urban infrastructure that supports a high quality of life." The park, inspired by Bengaluru's Cubbon Park, a 300-acre green oasis home to over 6,000 trees, will integrate botanical gardens, walking trails and butterfly zones to create a green lung for the city, officials said. The aviation museum proposes to offer educational exhibits and immersive experiences chronicling the history and evolution of aviation. At the cultural centre, modelled after the now-defunct Kingdom of Dreams in Gurgaon, plans are to have performance arenas, artisanal markets and culinary zones. Yamuna Haat will give a platform to local and national craftsmen to sell their wares. Yamuna Authority also plans to hire a private agency to develop a cultural centre and theme park. It will also develop a public park spanning 300 acres. The recreation hub, officials said, is a part of YEIDA's Master Plan 2041, under which 1,409 hectares have been earmarked for recreational green use, 3,009 hectares for green belts and public parks. The planning area under YEIDA Phase I spans 58,397 hectares, with 32,167 hectares marked as urbanisable. In addition, an Olympic City spread over 390 hectares and an Olympic Village over 52.4 hectares have also been included in the recreational green zone and will be developed by the Authority at a later stage.
Hindustan Times
21-04-2025
- Business
- Hindustan Times
YEIDA rolls out new housing plot scheme near Noida International Airport: Prices, plot sizes and other details
In a bid to cater to the rising demand for residential spaces near the upcoming Noida International Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new housing plot scheme. As part of the scheme, 276 residential plots, each measuring 200 square meters, are being offered in Sector 18. The plots are priced at ₹35,000 per square meter and will be allotted through a lottery system. Of these 214 plots are in the general category. The scheme opened on April 21 and closes on May 21, 2025. The draw is expected to take place on July 11, 2025, YEIDA officials told The 200-square-meter plots are situated in Pocket 9B of Sector 18, along the Yamuna Expressway. According to officials, the rate is set at ₹35,000 per square meter, with a registration amount of ₹7 lakh. It should be noted here that the Yamuna Expressway Industrial Development Authority (YEIDA) has increased land allotment rates across all categories, including corporate and housing spaces last month. The maximum hike was for corporate office spaces at 110%, followed by a 62% rise for group housing and a 35% increase for residential plots. Group housing land rates have increased from ₹32,375 per sqm to ₹52,500 per sqm, while residential plots now cost ₹35,000 per sqm, which was ₹25,900 in the previous financial year. The application form can be obtained by making an online payment of ₹600 via net banking through the payment gateway on the Yamuna Authority's official website. The application form duly completed and signed along with the required registration money and all the required annexures should be submitted online. All payments can be made online on the website of Yamuna Authority i.e. /online property accounts system through payment gateway. No offline payment will be accepted, as per the brochure. The entire total premium (including registration fee) which is ₹7 lakh for the general category is to be paid within 60 days from the date of issue of allotment letter, the document showed. Financing options are available through ICICI Bank and State Bank of India branches, subject to eligibility criteria. In this scheme, the allotment shall be done by manual draw. The tentative date of draw shall be July 11, 2025. Allotment letters to the successful applicants shall be sent within 30 days from the date of draw by registered post on the address mentioned by applicant in the application form, the document showed. The authority shall offer possession of allotted plots after completion of development which takes approximately five years, the document showed. Allotee or family members should not already have a residential plot/ flats allotted by YEIDA. The applicant /co- applicant should be competent to contract and have attained the age of majority (18 years) on the date of issue of the scheme, the document showed. All Indians/Non-Resident Indians who are neither in any way prohibited by the Government of India nor by UP government under any specific rules to purchase any immovable property in UP, shall be eligible to apply. Eligible persons can only apply for one plot under this scheme of any category. Those who have been already allotted residential plot/flat in any scheme are not eligible to get allotment under this scheme. If it is found at a later stage that an applicant/ co-applicant, his/her spouse or his/her minor dependent children has obtained more than one plot/flats, then all his / her application / allotment will be cancelled and the total deposit money shall be forfeited by the authority, the brochure showed. Applicants can apply in joint name (co-applicant) only if it is immediate family(mother/father/brother/sister/ son/ daughter/ husband/ wife) with proof of family relation. Other than these relations cannot apply, the document said. Applicants/spouses can participate in the scheme. In case both of them are allotted plots, then, within one month of the date of allotment, one of the plots should be surrendered by the applicant husband or wife. If after one month of allotment it is found that the applicant husband and wife are in allotment of more than one plot, and they have not surrendered the extra plot allotted to the spouse then allotments of both husband or wife shall also stand cancelled for reason of deliberately hiding fact, the document showed. Only individuals can apply in this scheme and HUF (Hindu Undivided Family) are not eligible to apply, the document showed Allottees shall have to get construction done after getting building plans sanctioned according to the Lease Deed and Building Regulations of the Authority applicable at the time of allotment. The Allottee/Lessee is required to complete construction in accordance with YEIDA building regulations and obtain an occupancy certificate from the Authority within three years from the date of execution of the Lease Deed. If the Lessee fails to complete construction within the stipulated time, an extension may be granted upon payment of extension charges, the document showed.
