Board irons out development bottlenecks
Jan 12, 2013, 01.41AM IST TNN

NOIDA: Several development projects were approved in the joint board meeting of the Noida, Greater Noida and Yamuna Expressway authorities on Friday. Even though the main focus remained on boosting connectivity and developing industrial clusters, the authorities even attempted to pacify agitating farmers by amending provisions related to land acquisition.

Noida Authority CEO Sanjeev Saran said rapid population growth has led to an urgent need to improve the transportation system. An additional 170 buses, including 20 semi low-floor buses and 50 feeder vehicles, will be started at the cost of Rs 40.5 crore. "The Authority will develop the city bus terminal in Sector 82 on 3.9 hectare with world-class infrastructure," he said.

Concerned over rampant accidents on Noida-Greater Noida Expressway, an Rs 15 crore Intelligent Transport System (ITS) will be installed to monitor and manage traffic flow.

To counter farmers' agitation, the board passed several amendments in the provisions to sort out abadi regularization, disbursement of developed land, enhanced compensation and inherited and non-inherited property issues.

"The land in Gautam Budh Nagar district was acquired in three phase in 1976, 1979 and 1997. Earlier, those farmers whose land was acquired in 1976 were eligible to get 5% abadi land, while those whose land was acquired between 1979 and 1997 were kept out of pool. The board has approved to grant abadi land to these farmers too," said Rajesh Prakash, administrative officer, Noida Authority.

"The minimum size of developed plots to be given to farmers whose land was acquired will be 40sq.mtr. The 5% developed plots will also be given to those farmers who were found eligible for plots below 40sq.mtr," Prakash added.

Around Rs 650 crore has already been disbursed towards enhanced compensation to farmers and the board has approved another Rs 450 crore. For village development work, the engineering department will not need approval from the land records department now.

The number of highrises in the city is expected to increase in the next two years, so there is a need of updated fire safety infrastructure. "The Authority will buy 72m hydraulic machines in case of fires in highrises," Saran said. A 1MW solar power plant will be developed on a 5 acre plot over the Sector 135-152 irrigation drain mainly for streetlights.

NOIDA: Several development projects were approved in the joint board meeting of the Noida, Greater Noida and Yamuna Expressway authorities on Friday. Even though the main focus remained on boosting connectivity and developing industrial clusters, the authorities even attempted to pacify agitating farmers by amending provisions related to land acquisition.

Noida Authority CEO Sanjeev Saran said rapid population growth has led to an urgent need to improve the transportation system. An additional 170 buses, including 20 semi low-floor buses and 50 feeder vehicles, will be started at the cost of Rs 40.5 crore. "The Authority will develop the city bus terminal in Sector 82 on 3.9 hectare with world-class infrastructure," he said.

Concerned over rampant accidents on Noida-Greater Noida Expressway, an Rs 15 crore Intelligent Transport System (ITS) will be installed to monitor and manage traffic flow.

To counter farmers' agitation, the board passed several amendments in the provisions to sort out abadi regularization, disbursement of developed land, enhanced compensation and inherited and non-inherited property issues.

"The land in Gautam Budh Nagar district was acquired in three phase in 1976, 1979 and 1997. Earlier, those farmers whose land was acquired in 1976 were eligible to get 5% abadi land, while those whose land was acquired between 1979 and 1997 were kept out of pool. The board has approved to grant abadi land to these farmers too," said Rajesh Prakash, administrative officer, Noida Authority.

"The minimum size of developed plots to be given to farmers whose land was acquired will be 40sq.mtr. The 5% developed plots will also be given to those farmers who were found eligible for plots below 40sq.mtr," Prakash added.

Around Rs 650 crore has already been disbursed towards enhanced compensation to farmers and the board has approved another Rs 450 crore. For village development work, the engineering department will not need approval from the land records department now.

The number of highrises in the city is expected to increase in the next two years, so there is a need of updated fire safety infrastructure. "The Authority will buy 72m hydraulic machines in case of fires in highrises," Saran said. A 1MW solar power plant will be developed on a 5 acre plot over the Sector 135-152 irrigation drain mainly for streetlights.
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  • Sec 85 already has a huge india tv office.. Land around it is all empty as of now. This sector is equidistant from sec 93 and 137 . When one goes from sec 93 ( near omaxe forest) towards sec 137 along the big drain , then sector 85 is on your left. Good news for flat owners in sec 93 and sec 137.
    I'm a loss to understand how can the unit be functional in 1 yr , will they operate out of tents?? It will take atleast 2-3 years for the building to be ready and another 1 yr. for it to become fully functional.
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  • Which business of infosys, software consulting or BPO/KPO? Need to wait for clarification from infy.
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  • I checked layout of sector 85 available on one broker site and property details on noida authority sites, I don't see any scope of 1 lac sqm plot in sec 85.
    http://www.noidaauthorityonline.com/INDUSTRY_ALLOTED_PROPERTY.pdf
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  • Originally Posted by mayanknoida
    Sec 85 already has a huge india tv office.. Land around it is all empty as of now. This sector is equidistant from sec 93 and 137 . When one goes from sec 93 ( near omaxe forest) towards sec 137 along the big drain , then sector 85 is on your left. Good news for flat owners in sec 93 and sec 137.
    I'm a loss to understand how can the unit be functional in 1 yr , will they operate out of tents?? It will take atleast 2-3 years for the building to be ready and another 1 yr. for it to become fully functional.


    yess u r right . this will take 2-3yrs to become functional.. 1 yr announcement is to jst add more spice in Real Estate Noida...

    Grt boost for sector 137 and nearby areas
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  • Worked in Infosys for almost 7 years in Bangalore. Don't underestimate their execution abilities. I have seen them making several buildings functional within a year.. Would not be surprised if they start functioning in next 1 year.

    Originally Posted by mayanknoida
    Sec 85 already has a huge india tv office.. Land around it is all empty as of now. This sector is equidistant from sec 93 and 137 . When one goes from sec 93 ( near omaxe forest) towards sec 137 along the big drain , then sector 85 is on your left. Good news for flat owners in sec 93 and sec 137.
    I'm a loss to understand how can the unit be functional in 1 yr , will they operate out of tents?? It will take atleast 2-3 years for the building to be ready and another 1 yr. for it to become fully functional.
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  • i heard is moving out from Sector 62 to Express way.. is it true???
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  • Originally Posted by Teja 99
    i heard is moving out from Sector 62 to Express way.. is it true???


    i heard is moving out from Sector 62 to Express way.. is it true???
    CommentQuote
  • Originally Posted by Teja 99
    i heard is moving out from Sector 62 to Express way.. is it true???


    what is moving out?
    CommentQuote
  • Originally Posted by Teja 99

    i heard is moving out from Sector 62 to Express way.. is it true???


    s a m s u n g
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  • some problem here..., s a m s u n g was nt appearing in my previous post
    CommentQuote
  • Originally Posted by Teja 99
    some problem here..., s a m s u n g was nt appearing in my previous post


    No M OB I L E names will appear.
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  • Originally Posted by cookie
    No M OB I L E names will appear.


    lo mo bil e ka real estate se kya lena dena.. apart from calls.
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  • NOIDA: Come 2015, Noida is set to get an IT landmark — an Infosys campus. Uttar Pradesh infrastructure and industrial development commissioner ( IIDC) Alok Ranjan said the IT giant was headed for Noida with an investment of Rs 1,354 crore. Land has already been allotted and the company is set to begin operations within a year.

    "We had reserved 3,04,000 sq m of land for industrial development," Ranjan said at a meeting with the Noida, Greater Noida and Yamuna Expressway authorities. "We expect the industries coming here to generate nearly 40,000 jobs and bring investments worth Rs 28,000 crore," Ranjan said. "This will not only improve infrastructure but also improve industrial growth in the state."

    Infosys has been allotted 1,00,000 sqm of the earmarked land. "The allotment process is almost complete," the chairman of the three authorities, Rama Raman, said. "The value of the land allotted to Infosys is Rs 100 crore while the cost of the total 3,04,000 sq m is Rs 2,600 crore."

    Besides Infosys, 14 others will be allotted land. In all, 37 companies sent in applications. Those approved include JDS Apparels (Ritu Wears), Kent, Havells, Mothersons and National Buildings Construction Corporation Ltd.

    "Talks are on with IBM, and others keen to invest in UP. We expect talks to materialize over the next few months," Raman said.
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  • Metro link, industrial township top projects for twin cities in 2014

    NOIDA: State infrastructure and industrial development commissioner (IIDC), Alok Ranjan, said on Friday that Rs 13,000 crore would be spent on infrastructure projects in Noida and Greater Noida this year. State government officials said that work on the Metro line expansion from Noida to Greater Noida would begin within three months.

    Talking to TOI, Rama Raman, chairman of the Noida, Greater Noida and Yamuna Expressway authorities, said that he expects to lay the foundation stone of the 30km-long Metro link between Noida City Center station to Bodaki in Greater Noida by next year.

    Earlier, Noida Authority had announced the formation of the Noida Metro Rail Corporation (NMRC) at a cost of Rs 1,000 crore to expedite the project with all formalities related to its formation.

    "We are simultaneously working on forming the NMRC and pitching in the DMRC as a consultant for the project. The central government has already asked the NMRC to be formed while the proposal to form it with 100% equity by UP only is pending with the state government. We hope to get the green signal soon. Our intention is to start work for the Metro link next year. We are likely to decide the date of foundation stone laying ceremony soon. We are on way to complete the official paper work required to do so," he said. Earlier, former Delhi CM Sheila Dixit had opposed the DMRC working outside the capital but officials are now hopeful that things would be streamlined soon and the Metro expansion in UP will take off soon.

    The proposed Metro link will from the City Centre Metro station in Noida and would reach the Noida-Greater Noida Expresswaym, passing through Sector 32 via Sectors 51,83,101, 143, 147, Knowledge Park II, Alpha, Delta to Knowledge Park IV before touching Pari Chowk. A part of the track will be elevated while the rest of it will be on the ground. The estimated cost of the project is around Rs 5,000 crore, which would be borne by the Noida Authority and Greater Noida Industrial Development Authority (GNIDA). This 29.707 km long line will have 22 stations.

    Ranjan stated that Rs 5,000 crore would be spent by Noida Authority with the Centre spending Rs 3,000 crore. The Greater Noida and Yamuna Expressway authorities would spend Rs 3,000 crore and Rs 2,000 crore each.

    "The three cities are set to witness a bounty of mega projects in 2014 including metro expansion, heliport, NMRC (Noida metro rail corporation) formation, two new affordable housing projects, a state-of-the-art STP, a government inter-college for girls, construction orders for a medical university, a 200-bed district hospital with trauma centre, underpasses at City Center and sector 94 inter-section, a multi-level parking space capable of accommodating 3,000 cars in sector 18, Night Safari, civic center etc," Ranjan said.

    Raman said that this is the year infrastructure development for Noida, Greater Noida and Yamuna Expressway region.

    With regard to other infrastructure projects, Raman said, "UP will enter into an agreement with the Centre to develop the state's first integrated industrial township along the DMIC."

    The Greater Noida Industrial Development Authority (GNIDA) will form a joint venture with the DMIC Trust to execute the project. The Cabinet Committee on Economic Affairs had approved the proposal to set up the joint venture company with equity contribution of 50 percent from each partner. "The new entity is responsible for development of trunk infrastructure of the integrated industrial township at Greater Noida in the Dadri-Noida-Ghaziabad Investment Region of the DMIC," Raman said.

    "Under the 'early bird project', the Bodaki Railway Station will be developed as a Passenger and Commercial Cargo Hub. There will be a Multi Modal Logistics Hub at Dadri, a power project in Greater Noida, and a Mass Rapid Transit System (MRTS) between Dadri-Noida-Ghaziabad Investment Region and Delhi," said Raman, adding that the project would cost Rs 1,714.7 crore.

    "The project cost of Rs 1714.7 crore is proposed to be met by equity contribution of Rs 617.20 crore by the DMIC Trust and the state government. The equity from the state government would be in the form of land which would be transferred to the joint venture company," he added.

    The infrastructural industrial township is expected to attract private sector investments of over Rs 33,000 crore over a 30-year period and generate significant employment. It is also intended to lead to a multiplier effect in each of the target industry sectors, including backward and forward linkages with other sectors of the economy.










    Metro link, industrial township top projects for twin cities in 2014 - The Times of India
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  • Arre baap re. Yaar kuch to truth hoga is sab me. Hawabaazi bhi ek level ki hoti hai

    Hope for the best

    Sent from my E3 using Tapatalk
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