YEIDA Launches Over 1,200 Flats Near Noida International Airport

23 Sep 2024 CW Team

The Yamuna Expressway Industrial Development Authority (YEIDA) has introduced a new housing scheme offering more than 1,200 flats in Sector 22D, near the upcoming Noida International Airport. The scheme, which began on Thursday, will continue until March 31, 2025, or until all units are sold on a ‘first come, first serve’ basis.

Affordable Housing Options The scheme includes three types of flats:

1BHK Affordable Flats: 276 units, priced at ?23.4 lakh (ground floor) and ?20.7 lakh (upper floors), with an area of 29.8 sqm. 1BHK Flats: 713 units in four-storey buildings, priced at ?33 lakh, with an area of 54.7 sqm. 2BHK Flats: 250 units in buildings up to 16 floors, priced at ?45 lakh, with an area of 99.9 sqm. Application Process and Eligibility Applicants can apply online through the YEIDA website by paying a non-refundable registration fee of ?600 and an earnest money deposit (EMD) of 10% of the flat’s price. Only Indian citizens over 18 years of age who have not previously been allotted any flats by YEIDA are eligible.

Payment and Possession The payment options include a one-time payment plan with a 2% discount or an installment plan allowing buyers to pay over five years. Flats will be handed over after 30% of the total premium is paid and the lease deed is executed.

YEIDA will provide initial maintenance for two years before an Apartment Owners Association (AOA) takes over management.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..