YEIDA proposes new land projects with a target of Rs 60,000 crore

18 Oct 2022 CW Team

The UP government has boosted the investment objective for the Yamuna Expressway authority by eight times, from RS 70 bn last year to RS 600 bn for the Global Investors summit scheduled for next year, due to the impending completion of megaprojects.

According to officials, the Yamuna Expressway Industrial Development Authority is preparing to introduce a number of commercial and cooperative housing plans before this year's Diwali in order to accomplish this goal.

On five plots totaling 75 acres, there are plans for a group housing complex. There are also plans for four fuel stations with CNG, gasoline, diesel, and electric charging stations, as well as 15 commercial plots in Sector 22 A. These will all be offered via e-auction.

One of the major developments in the area is the construction of Noida International Airport in Jewar and the projected Electronic City close to it.

According to YEIDA CEO Arun Vir Singh, developers of residential projects will have six months to pay the full cost of the land.

Previously, developers were given plots by paying 10% of the land cost. Over the following few years, builders might pay the remaining balance in instalments.

“There will be four plots of 12 acres each in Sector 22D and one plot 25 acres near Sector 22A. According to rules, developers can utilise 1% of the land for commercial spaces,” Singh said. Sectors 18, 20, 22D, and 28 will see the construction of the four gasoline stations.

A plan for commercial plots in Sector 22A, close to the Salarpur underpass, will be introduced by YEIDA. There are 15 plots totaling 100 sq m. In Sector 24, it is also preparing a mixed-use industrial plot design that would span 110 acres.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..