Five Industrial Parks Near Noida International Airport Will Be Developed By the Yamuna Expressway Authority

by Admin, 30 March 2024

The Yamuna Expressway Industrial Development Authority (YEIDA) will develop five industrial parks near the upcoming Noida International Airport in Jewar and will also acquire around 600 acres of land for the purpose, officials aware of the matter said.

“The five industrial parks that will be developed near Noida International Airport include an electric vehicle park, plastic processing park, footwear park, handicrafts park, and a transport hub. Total of 600-acre agricultural land will be needed to develop these industrial parks in Sector 10.

According to officials, in the masterplan, Sector 10 has been earmarked for the development of industrial parks and the entire region will become as an industrial hub near Noida International Airport

The official quoted above said that the proximity of Sector 10 with the upcoming greenfield airport and quick access to Yamuna Expressway makes it a suitable hotspot for industries, manufacturing units, and other industrial activities.

In total, the Authority requires 600 acres of land for the development of Sector 10. The Gautam Buddha University has also completed the social impact assessment study.

The official said that the administration is also sensitizing the public not to purchase or sell the land notified for acquisition without the permission of the district magistrate. He said that after all formalities are completed as per the rules, the distribution of land compensation will commence, and then acquire the land. The acquired land will be handed over to the Authority for the purpose.

“As soon as we get the land, we will start its allocation for industrial parks after developing the required amenities. We are hopeful of completing the process in 2024 only,” a YEIDA official said.

Find your best option in office space, retail shops, Studio apartments, pentsuites in Noida, Noida Extension, and Noida Expressway. Click here for the best investment option.

Find the best option in luxury 2,3,4 and 5 BHK residential apartments and studio apartments in Noida and Noida Expressway. Click here for the best investment option.