The Impressive TimesSanjay Chaturvedi
info@impressivetimes.com
Greater Noida, 30 Jan 2024– A review of status of all the running development projects was done during the board meeting of Yamuna Expressway Industrial Development Authority. The 79th meeting of board was held on Monday in which the board members were present. During the meeting it was informed that the total amount of receipts amounted to Rs. 5107.75 crores in the current financial year 2023-24, figures taken upto 15th January 2024, marking an increase of 285.61 percent over the amount of receipts in the corresponding period of previous financial year 2022-23 in which the total receipts amounted to Rs. 1784.63 crores.
In the same way the amount of expenses incurred in the year 2023-24 Rs.2036.39 crores against the amount of Rs.1204.89 crores registering an increase of 169.01 percent more over the last year. The decision of allocating 7 percent of land for the farmers, the land of which has been acquired was also underlined again. A decision was taken to satisfy the demand raised by the farmers to whom the 7 percent land has been allotted, for waiving the interest raised on the allotees of these lands. It was informed that in order to ensure smooth movement of traffic on Yamuna Expressway and Eastern Peripheral Expressway, 4 loops, 4 ramps and additional four ramps were to be constructed that were delayed due to difficulty in acquisition of land and allotment of 7 percent land to the land owners. Since, all the hurdles have been removed now; the cost of this project has risen from 75.50 crores approved earlier to Rs.122.89 crores. After going through the details, NHAI has also accorded its approval on the same.
A major decision was taken in the meeting regarding the auction of institutional sites over 10 acres in size. It was decided that plots of more than 10 acres of size for institutions like degree college, PG college, Management Institute, Technical institute, sports college, sports academy, medical college cum hospital etc. to be exempted from going for e-bidding for these plots. Another major decision was taken in respect of sector -22D. Approval was given for change of floor where the allotment has already been given but lease deed not yet registered. However, the provision will apply to only those applicants that are either senior citizens, differently abled or are suffering from some critical disease. Till now the allotment done on the basis of ‘first come first serve’ basis was understood to be full and final. The allotees welcomed the decision.
Regarding the proposed project of Film city by YEIDA, it was informed that an international bidding started on 30.09.2023. The bids were submitted by 2.30 pm on 5th January 2024. Finally four bids have been received under the project. These bidders include 1. M/s. Supersonic Techno builds Private Limited. (Maddock Films, Cape of Good Films LLP & others, 2. M/s. Bay view Projects LLP (Mr. Boney Kapoor & Others), 3. M/s. Super Cassettes Industries Private Limited (T series) and 4. M/s. Lions Films Private Limited (Mr. KC Bokadia & others). It was informed that first of all technical compliance of these bids would be checked and only after that financial part of these bids would be announced. It is worth mentioning here that the ambitious project of CM Yogi Aditya Nath to establish a film city in Uttar Pradesh started with the allotment of 1000 acres of land at sector-21. The bids were invited to start the first phase of setting up film city over an area of 230 acres. On 27th January 2024, presentation of their idea, vision and blue print of the execution plan were presented by all the four parties that have submitted the bids. The presentation was made in the presence of industrial commissioner. The technically qualified projects out of these four would be opened for financial bid on Tuesday 31st January 2024.
Regarding the redevelopment of Rai heritage city in the Mathura district, a revised feasibility report and detailed project report (DPR) was produced before the board by the consultant company M/s CBRE. The proposed plan include theme based heritage center, Yoga wellness center, convention center, hotel, area for development of ‘haat’ (rural market) for local art and artists. Two proposals for this were submitted. The project is proposed to be developed on 753 acres of land on PPP mode with an estimated cost of Rs. 1220 crores.
Many other projects were also discussed and important decisions were taken by the board wherever required.
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