+
Yamuna Expressway Authority to Invest Rs.14,000 Crore in Land Acquisition
ECONOMY & POLICY

Yamuna Expressway Authority to Invest Rs.14,000 Crore in Land Acquisition

The Yamuna Expressway Authority has announced plans to invest ?14,000 crore over the next five years to acquire 6,000 hectares of land. This ambitious project aims to facilitate significant infrastructure and real estate development along the Yamuna Expressway corridor.

Investment Overview: The Yamuna Expressway Authority's investment of ?14,000 crore will focus on acquiring 6,000 hectares of land. This substantial financial commitment underscores the authority's dedication to expanding and enhancing the Yamuna Expressway region.

Land Acquisition Plans: The land acquisition effort will support various infrastructure and real estate projects, including residential, commercial, and industrial developments. The expanded landholdings will enable comprehensive urban planning and development along the expressway.

Economic Impact: The investment is expected to stimulate economic growth in the region by attracting businesses, boosting real estate development, and creating job opportunities. The enhanced infrastructure will contribute to the overall development of the Yamuna Expressway area.

Expressway Expansion: The land acquisition aligns with broader plans to expand and improve the Yamuna Expressway. This expansion will enhance connectivity, facilitate smoother transportation, and support regional growth.

Urban Planning and Development: The newly acquired land will be utilized for various development projects, including housing, commercial spaces, and industrial zones. The focus on urban planning aims to create a well-organized and integrated infrastructure network.

Future Projects: The investment will pave the way for future projects that will enhance the functionality and attractiveness of the Yamuna Expressway region. This includes the development of smart city features, improved public amenities, and better transportation facilities.

Strategic Importance: The Yamuna Expressway is a key transportation corridor linking major cities and industrial hubs. The investment in land acquisition reflects the strategic importance of the expressway in regional and national connectivity.

Environmental and Social Considerations: The land acquisition and subsequent development projects will need to address environmental and social considerations. Ensuring sustainable practices and engaging with local communities will be crucial for the success of these initiatives.

Implementation Timeline: The authority plans to execute the land acquisition over the next five years. The timeline will involve various stages, including land valuation, negotiations, and regulatory approvals.

Conclusion: The Yamuna Expressway Authority's decision to invest ?14,000 crore in land acquisition marks a significant step towards the development of the Yamuna Expressway region. This investment is set to drive economic growth, enhance infrastructure, and contribute to the overall development of the area.

The Yamuna Expressway Authority has announced plans to invest ?14,000 crore over the next five years to acquire 6,000 hectares of land. This ambitious project aims to facilitate significant infrastructure and real estate development along the Yamuna Expressway corridor. Investment Overview: The Yamuna Expressway Authority's investment of ?14,000 crore will focus on acquiring 6,000 hectares of land. This substantial financial commitment underscores the authority's dedication to expanding and enhancing the Yamuna Expressway region. Land Acquisition Plans: The land acquisition effort will support various infrastructure and real estate projects, including residential, commercial, and industrial developments. The expanded landholdings will enable comprehensive urban planning and development along the expressway. Economic Impact: The investment is expected to stimulate economic growth in the region by attracting businesses, boosting real estate development, and creating job opportunities. The enhanced infrastructure will contribute to the overall development of the Yamuna Expressway area. Expressway Expansion: The land acquisition aligns with broader plans to expand and improve the Yamuna Expressway. This expansion will enhance connectivity, facilitate smoother transportation, and support regional growth. Urban Planning and Development: The newly acquired land will be utilized for various development projects, including housing, commercial spaces, and industrial zones. The focus on urban planning aims to create a well-organized and integrated infrastructure network. Future Projects: The investment will pave the way for future projects that will enhance the functionality and attractiveness of the Yamuna Expressway region. This includes the development of smart city features, improved public amenities, and better transportation facilities. Strategic Importance: The Yamuna Expressway is a key transportation corridor linking major cities and industrial hubs. The investment in land acquisition reflects the strategic importance of the expressway in regional and national connectivity. Environmental and Social Considerations: The land acquisition and subsequent development projects will need to address environmental and social considerations. Ensuring sustainable practices and engaging with local communities will be crucial for the success of these initiatives. Implementation Timeline: The authority plans to execute the land acquisition over the next five years. The timeline will involve various stages, including land valuation, negotiations, and regulatory approvals. Conclusion: The Yamuna Expressway Authority's decision to invest ?14,000 crore in land acquisition marks a significant step towards the development of the Yamuna Expressway region. This investment is set to drive economic growth, enhance infrastructure, and contribute to the overall development of the area.

Next Story
Infrastructure Transport

Railways Spent Rs 604.7 Billion on Passenger Subsidy in FY24

New Delhi – The Indian Railways provisionally spent Rs 604.7 billion in subsidies during the financial year 2023–24, covering 45 per cent of passenger travel costs, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Wednesday.In a written response to questions from multiple Members of Parliament regarding the recent rail fare hike, Vaishnaw stated that the Indian Railways continues to offer one of the most affordable transport services globally, ferrying over 7.2 billion passengers annually."The total amount of subsidy provided in FY 2023–24 on passenger travel is provisionally ..

Next Story
Infrastructure Urban

Auto Sector Can Cut Emissions by 87% by 2050: CEEW

India’s automobile industry could reduce its manufacturing emissions by 87 per cent by 2050 through a shift to green electricity and low-carbon steel, according to a study released by the Council on Energy, Environment and Water (CEEW).The report estimates that if original equipment manufacturers (OEMs) and their suppliers target net-zero emissions by 2050, annual emissions could fall from a projected 64 million tonnes of CO₂ (under the business-as-usual scenario) to just 9 million tonnes. This would require OEMs to adopt 100 per cent green electricity and steel suppliers to source 56 per ..

Next Story
Building Material

Dalmia Eyes JP Assets, Plans Backup Expansion in Jaisalmer

Dalmia Bharat remains committed to acquiring Jaiprakash Associates’ (JAL) assets as part of its nationwide growth strategy. However, in parallel, the company is preparing a Plan B involving a greenfield expansion in Jaisalmer, with a final review expected by the end of FY26.Puneet Dalmia, Managing Director and CEO, stated that while the company awaits the outcome of its Rs 57 billion bid for JP assets, it continues developing alternative growth routes. Dalmia Bharat concluded FY25 with a cement capacity of 49.5 million tonnes per annum (mtpa) and expects to add 14 to 14.5 mtpa through ongoin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?