GB Nagar Administration Initiates Land Acquisition Near Noida Airport for New Industrial Sector

    Date:

    Share post:

    The Gautam Budh Nagar administration is taking steps to acquire approximately 306 hectares of land near the Noida airport site in Jewar for the development of a new industrial sector, according to officials familiar with the matter. The proposal for land acquisition was submitted to the Uttar Pradesh government on Tuesday, as there is increasing demand for land to support industries near the airport, which is set to become operational by the end of 2024.

    Most of the necessary legal formalities related to land acquisition have been completed, and the proposal is now awaiting approval from the UP government. Once the government issues the notification, compensation distribution will commence.

    Work on the social impact assessment (SIA) survey and other preparatory processes for the development of Sector 10, designated for industrial activities, began in January this year. The Gautam Budha University (GBU) was enlisted to conduct the SIA survey, which is a critical step in land acquisition for such significant projects.

    The SIA survey teams conducted interviews with affected farmers, assessed their livelihoods, economic profiles, and gathered land-related information. An expert agency was also involved in conducting the survey and preparing a comprehensive report. Balram Singh, the additional district magistrate of Gautam Budh Nagar, mentioned that the draft SIA survey report from experts has been submitted to the Uttar Pradesh government for approval. He stated, “The government will approve the report and issue a notification, paving the way for further progress in land acquisition.”

    Once the UP government issues the notification, the process will move forward with the implementation of Section 11 and Section 18 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. These sections involve inviting objections and suggestions from farmers and determining land compensation benefits.

    The administration anticipates starting land acquisition from farmers approximately four months after completing all remaining formalities. An August 1 meeting was held between the administration, GBU, and other experts who prepared the draft SIA survey report for the land, covering villages including Myana, Maqsoodpur, and Murshadpur along the Yamuna Expressway area.

    Yeida CEO Arun Vir Singh highlighted that dedicated land will be allocated for five separate industrial parks in Sector 10, along with the development of essential infrastructure such as roads, drainage, sewer networks, water pipelines, and electricity supply infrastructure. The five industrial parks will include a plastic processing park, a footwear park, a handicrafts park, an electric vehicle park, and a transport hub. Singh noted that the industrial project will bring substantial growth to the area.

    Also read: Noida Airport Project Progresses: Land Acquisition for Third Phase Imminent

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related Posts

    Latest posts

    Oberoi Realty Enters NCR Market with Landmark Land Purchase in Gurugram

    GURUGRAM, June 24, 2024 — Oberoi Realty, a Mumbai-based real estate developer, has entered the National Capital Region...

    Krisumi Group Announces Major Investment to Develop 1051 Luxury Units in Gurugram

     Krisumi to Develop State-of-the-Art Club with Indoor Air-Conditioned Sports Facilities, a First in NCR  Expects Revenue Realization of...

    Indian Retail Brands Embrace Omni-Channel Strategies to Boost Consumer Experiences

    The COVID-19 pandemic transformed e-commerce into a primary shopping method for Indians. Initially driven by deep discounts, e-commerce's...

    YEIDA Plot Scheme 2024: A Comprehensive Guide for Prospective Buyers

    The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled its Plot Scheme 2024, presenting a new opportunity for...