Yeida fast-tracks land for Noida Airport MRO Hub
AVIATION & AIRPORTS

Yeida fast-tracks land for Noida Airport MRO Hub

The Yamuna Expressway Industrial Development Authority (Yeida) is rapidly advancing its land acquisition efforts for the maintenance and repair and overhaul (MRO) hub, a pivotal component of the second phase of the Noida International Airport. Officials familiar with the matter disclosed this significant development on Sunday.

As per official reports, Yeida has already secured ownership of 814 hectares of land out of the total 1,365 hectares needed for the ambitious MRO project. Last year, the Uttar Pradesh cabinet gave its nod to the MRO policy, aiming to expedite the establishment of this vital facility within the airport's premises.

The state government envisions the Noida airport as a major aviation hub, catering to various airline operations, cargo transfers, and MRO services.

Arun Vir Singh, Chief Executive Officer of Noida International Airport Limited (NIAL) and Yeida, stated, "We have acquired 814 hectares of land out of 1,365 hectares designated for the MRO hub project. We have put this project on the fast track because we are likely to issue a global tender by October 20 to select a company for the development and operation of this mega project, which is an integral part of the Noida International Airport, expected to become operational next year."

Yeida has already disbursed Rs 28 billion in compensation out of a total of Rs 39 billion for the 814 hectares of land that have been acquired. Balram Singh, Additional District Magistrate of Gautam Budh Nagar, added, "Compensation distribution for the remaining land is currently in progress to expedite the acquisition process."

The authority has earmarked 6,000 hectares of land in the Jewar area along the Yamuna Expressway for the development of a comprehensive civil aviation hub. Phase I encompassing 1,334 hectares has already been acquired and handed over to Yamuna International Airport Private Limited, which will oversee the airport's construction and commence operations by September 29, 2024.

Singh further explained, "In the second phase, 1,365 hectares of land will be allocated to the civil aviation department for the development of the MRO hub, which is expected to attract investors from across the globe. The MRO hub will generate employment opportunities and provide a significant boost to the local economy in the region."

The land acquisition for the 1,365 hectares needed for the MRO hub is currently underway, encompassing villages such as Jewar Bangar, Madalpur, Faileda, Karauli, Tirthali, Dhanpura, and Mahndipur, among others.

Singh emphasized, "Approximately 13,000 families of farmers own the land required for the MRO hub. These families will be relocated to a township built on 212 hectares of land in Madalpur village along the Yamuna Expressway area. We are in the process of finalising the arrangements for the rehabilitation of these farmers."

Once the global tender is issued, the development process for the MRO hub is estimated to take 2-3 years, encompassing all necessary procedures and preparations. This ambitious project is poised to be a pivotal milestone in enhancing the aviation infrastructure and economic prospects of the region.

The Yamuna Expressway Industrial Development Authority (Yeida) is rapidly advancing its land acquisition efforts for the maintenance and repair and overhaul (MRO) hub, a pivotal component of the second phase of the Noida International Airport. Officials familiar with the matter disclosed this significant development on Sunday. As per official reports, Yeida has already secured ownership of 814 hectares of land out of the total 1,365 hectares needed for the ambitious MRO project. Last year, the Uttar Pradesh cabinet gave its nod to the MRO policy, aiming to expedite the establishment of this vital facility within the airport's premises. The state government envisions the Noida airport as a major aviation hub, catering to various airline operations, cargo transfers, and MRO services. Arun Vir Singh, Chief Executive Officer of Noida International Airport Limited (NIAL) and Yeida, stated, We have acquired 814 hectares of land out of 1,365 hectares designated for the MRO hub project. We have put this project on the fast track because we are likely to issue a global tender by October 20 to select a company for the development and operation of this mega project, which is an integral part of the Noida International Airport, expected to become operational next year. Yeida has already disbursed Rs 28 billion in compensation out of a total of Rs 39 billion for the 814 hectares of land that have been acquired. Balram Singh, Additional District Magistrate of Gautam Budh Nagar, added, Compensation distribution for the remaining land is currently in progress to expedite the acquisition process. The authority has earmarked 6,000 hectares of land in the Jewar area along the Yamuna Expressway for the development of a comprehensive civil aviation hub. Phase I encompassing 1,334 hectares has already been acquired and handed over to Yamuna International Airport Private Limited, which will oversee the airport's construction and commence operations by September 29, 2024. Singh further explained, In the second phase, 1,365 hectares of land will be allocated to the civil aviation department for the development of the MRO hub, which is expected to attract investors from across the globe. The MRO hub will generate employment opportunities and provide a significant boost to the local economy in the region. The land acquisition for the 1,365 hectares needed for the MRO hub is currently underway, encompassing villages such as Jewar Bangar, Madalpur, Faileda, Karauli, Tirthali, Dhanpura, and Mahndipur, among others. Singh emphasized, Approximately 13,000 families of farmers own the land required for the MRO hub. These families will be relocated to a township built on 212 hectares of land in Madalpur village along the Yamuna Expressway area. We are in the process of finalising the arrangements for the rehabilitation of these farmers. Once the global tender is issued, the development process for the MRO hub is estimated to take 2-3 years, encompassing all necessary procedures and preparations. This ambitious project is poised to be a pivotal milestone in enhancing the aviation infrastructure and economic prospects of the region.

Next Story
Infrastructure Energy

Omaxe State, Dwarka Hosts High-Energy Grand Finale of Devil’s Circuit 2025

Omaxe State, the upcoming landmark development in Dwarka, reaffirmed its position as a hub for world-class experiences by hosting the electrifying Grand Finale of Devil’s Circuit 2025 on March 9, 2025. The event, which attracted over 12,000 fitness enthusiasts and thousands of spectators, not only marked the culmination of Asia’s biggest obstacle race but also showcased the immense potential of Omaxe State as a dynamic and thriving community space. As a forward-thinking real estate developer, Omaxe Ltd. has consistently focused on creating holistic urban environments that promote an activ..

Next Story
Real Estate

Pune: IT Boomtown Offering Opportunities for First-Time Homebuyers

Pune has rapidly emerged as one of India’s most prominent IT and startup hubs, drawing professionals from across the country. With its blend of economic opportunities, excellent infrastructure, and quality of life, the city has become a magnet for first-time homebuyers. While cities like Mumbai and Bengaluru continue to see skyrocketing property prices, Pune offers a promising investment opportunity with great potential for appreciation. The IT boom, expanding infrastructure, and superior living conditions make Pune an ideal destination for those looking to invest in their first home. Puneâ..

Next Story
Infrastructure Urban

Andhra Approves Over Rs 1.21 Trn in Investments from 10 Companies

The Andhra Pradesh State Investment Promotion Board (SIPB), chaired by Chief Minister N. Chandrababu Naidu, has approved investments totalling more than Rs 1.21 trillion from ten companies on Thursday. These approved investments are expected to generate 80,104 jobs, including Rs 25,000 crore from Satyavedu Reserve Infracity Pvt Ltd (Sri City), Rs 58,469 crore from Indosol Solar Pvt Ltd, and Rs 22,000 crore from AP NGEL Harith Amrit Ltd, among others. Furthermore, the Chief Minister instructed officials to set up MSME parks across all 175 constituencies, starting with one in each district. He..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?