YEIDA Draws 112,000 Applications for 451 Residential Plots Near Noida Airport

10 Dec 2024 CW Team

The Yamuna Expressway Industrial Development Authority (YEIDA) has received an overwhelming 112,000 applications for just 451 residential plots near the upcoming Noida International Airport. The registrations for the scheme, which closed on November 30, have generated approximately Rs 48 billion in revenue. The residential plots, located in Sector 24A along the Yamuna Expressway, are strategically positioned near the proposed Film City, the Eastern Peripheral Expressway, and the new airport. A lucky draw for allotment will be held on December 27. The plots, available in five sizes ranging from 120 square meters to 260 square meters, are priced at Rs 25,900 per square meter. The smallest plot costs Rs 3.108 million, while the largest is priced at Rs 6.734 million, excluding additional charges. The scheme’s immense popularity highlights the growing demand for residential real estate in the region, driven by proximity to the airport and rapid infrastructure development. Industry experts report a 40-50% appreciation in land prices in areas like Jewar over the past two years. Vishal Raheja, Founder of InvestoXpert.com, emphasised the area’s potential, predicting it could become one of India’s top five real estate hotspots by 2025, with a market valuation exceeding Rs 600 billion. He compared this growth to the transformation around Delhi’s IGI Airport, where property values tripled within a decade. The Noida airport region is poised to become a major hub, combining infrastructure growth, strategic location, and investor interest to drive the next phase of real estate development in the National Capital Region. (moneycontrol)

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..