YEIDA Clears Rs 100 Billion Noida Film City Plan

16 Jun 2025 CW Team

The Yamuna Expressway Industrial Development Authority (YEIDA) has approved the revised layout plan for the ambitious Noida Film City project, clearing the way for the Rs 100 billion (approx. USD 1.2 billion) venture after earlier objections. The approval, granted on 10 June, follows the rectification of environmental and safety compliance issues by the developer consortium led by film producer Boney Kapoor.

YEIDA had initially rejected the proposal on 27 May due to violations of designated green areas and the absence of mandatory no-objection certificates (NOCs). These issues have now been resolved, with the developer submitting updated land use plans, fire safety clearance, and structural stability certification. Additionally, the revised plan ensures that 15 per cent of the total area will be maintained as green cover.

YEIDA CEO Arun Vir Singh confirmed the approval, stating that the revised layout fully aligns with land-use regulations and necessary compliance standards. However, he clarified that the approval applies only to Phase 1 of the project, which covers the industrial zone.

The first phase spans 80 acres and will house a film institute and production studios. Overall, the Noida Film City project will cover 230 acres in Sector 21, with 155 acres allocated for industrial use and 75 acres for commercial development. Within the industrial portion, 21 acres have been reserved for the institute, while the remaining 134 acres will host various film-related infrastructure.

The concession agreement stipulates that large-scale commercial construction can begin only after 15 per cent of the core film infrastructure—comprising studios, production units, and the film institute—is completed. These facilities are expected to be operational within three years.

YEIDA's nod marks a major step forward for the project, aimed at positioning Noida as a leading hub for film and media production in India.

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..