YEIDA Set to Acquire Land for Various Projects in Noida

Date:

Share post:

NOIDA — The Yamuna Expressway Industrial Development Authority (YEIDA) has begun the process of acquiring land across 10 new sectors in the Yamuna region to support various development projects, as published by The Economic Times. These initiatives include a fintech city and dedicated zones for Japanese and Korean cities.

Officials confirmed that a proposal to acquire more than 3,500 hectares of land has been submitted to the GB Nagar district administration. Additionally, YEIDA has requested the Aligarh administration to initiate a social impact assessment (SIA) for more than 1,600 hectares of land planned for a logistics park and industrial development in the Tappal-Bajna Urban Centre.

The SIA process evaluates the potential social effects of land acquisition for development projects, aiming to identify mitigation strategies and ensure fair compensation for affected farmers. Gautam Buddha University will conduct the SIA in the coming weeks, with surveys expected to begin soon.

The 10 new sectors for land acquisition include Sectors 4A, 5, 5A, 6, 7, 8, 8D, 9, 10, and 11. In Sector 5, 382 hectares will be earmarked for residential plot schemes, while Sector 6 will host an industrial plot scheme spanning 348 hectares. Sectors 7 and 8 are designated for multiple land-use plots, covering 283 hectares and 328 hectares, respectively. Sector 9 will provide space for institutional and recreational activities over 328 hectares.

Further plans include an industrial park in Sector 10, covering 312 hectares, and a fintech city in Sector 11, spanning 315 hectares. Sector 8D is also planned for an industrial plot scheme, covering 383 hectares. In addition to these developments, Sector 4A will be designated as a Korean city, covering 365 hectares, and Sector 5A will be developed as a Japanese city, occupying 395 hectares.

Beyond these sectors, YEIDA plans to acquire land in Dorpuri Stharol (Aligarh) covering 178 hectares, as well as 1,449 hectares in Tappal-Bajna (Aligarh) for logistics park and industrial development.

The authority also aims to acquire 2,000 hectares of land in Tappal village for logistics and other projects under its master plan. Last year, YEIDA issued a notification for the acquisition of 736 hectares in Tappal, and the SIA for this project is currently underway.

To support the land acquisition, YEIDA has signed a memorandum of understanding (MoU) with HUDCO for funding and has secured Rs 3,300 crore in interest-free loans from the state government.

Related Posts

Latest posts

Tier 1 Cities Set for Over 16 Mn Sq. Ft. Mall Supply by 2026

India’s Tier 1 cities are expected to see a surge in new mall development, with more than 16.6...

Uttar Pradesh Introduces Bye-Law 2025 to Streamline Property Transfer Tax System

The Uttar Pradesh government has introduced Bye-Law 2025, a uniform regulation aimed at simplifying and increasing transparency in...

India’s Retail Sector Leased 3.1 Million Sq Ft of Space in Q1 2025

India's retail sector saw a strong start to 2025, leasing 3.1 million square feet of retail space across...

Noida Set to Open Two Major Infrastructure Projects in 2 Months

The Noida Authority on Friday announced plans to inaugurate two long-awaited infrastructure projects — its new administrative headquarters...