YEIDA approved budget of Rs 3,406 crore
ROADS & HIGHWAYS

YEIDA approved budget of Rs 3,406 crore

On Tuesday the Yamuna Expressway Authority approved a budget worth Rs 4,528 crore for the FY 2022-23. This is a 30% increase from last fiscal’s budget worth Rs 3,406 crore. With the various development projects on the way, the Authority would spend Rs 1,535 crore on land acquisition itself, which is three times more than the given for the last financial year.

Authority CEO Arun Vir Singh said that they have paid attention to land acquisition and development of Jewar airport along with multi-modal connectivity. Besides rural development. Additionally, Rs 583 crore had been spent on land acquisition last year and Rs 1,535 crore have been allocated for the same as well. This financial year, a Logistic Hub, a Medical Device Park and several industrial schemes would be launched.

The Authority has allocated Rs 405 crore for the second phase of the Noida International Airport located in Jewar.

Furthermore, Rs 300 crore would be spent on the metro rail, pod taxi, and road construction for multi-modal connectivity. Overall they have set a target to purchase 1,200 acres of land. In the previous financial year, Rs 583 crore had been spent to buy 455 acres of land.

The Yamuna Expressway Authority allocated Rs 76.98 crore for a smart village project. Also a budget worth Rs 80 crore is allocated for the development of several villages.

Image Source

On Tuesday the Yamuna Expressway Authority approved a budget worth Rs 4,528 crore for the FY 2022-23. This is a 30% increase from last fiscal’s budget worth Rs 3,406 crore. With the various development projects on the way, the Authority would spend Rs 1,535 crore on land acquisition itself, which is three times more than the given for the last financial year. Authority CEO Arun Vir Singh said that they have paid attention to land acquisition and development of Jewar airport along with multi-modal connectivity. Besides rural development. Additionally, Rs 583 crore had been spent on land acquisition last year and Rs 1,535 crore have been allocated for the same as well. This financial year, a Logistic Hub, a Medical Device Park and several industrial schemes would be launched. The Authority has allocated Rs 405 crore for the second phase of the Noida International Airport located in Jewar. Furthermore, Rs 300 crore would be spent on the metro rail, pod taxi, and road construction for multi-modal connectivity. Overall they have set a target to purchase 1,200 acres of land. In the previous financial year, Rs 583 crore had been spent to buy 455 acres of land. The Yamuna Expressway Authority allocated Rs 76.98 crore for a smart village project. Also a budget worth Rs 80 crore is allocated for the development of several villages. Image Source

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000