Land rates in YEIDA area soar with Jewar airport coming up

25 Jul 2022 CW Team

The Yamuna Expressway Industrial Development Authority (YEIDA) area, where the Jewar airport is coming up near Noida in Uttar Pradesh, is currently the most in-demand area in India, and has registered 38 per cent rise in land rates in three years, the highest in the country.

A report released by real estate researchers Anarock showed that the average prices of plots on Yamuna Expressway, which stood at Rs 1,600 per square foot in 2019, have now risen to Rs 2,200 per sq ft.

“The sharp rise in prices in the YEIDA area is the result of the construction of the Jewar International Airport. This is the highest land price rise that a micro market has seen among the top seven cities,” Anarock vice chairman Santhosh Kumar said. The chief executive of YEIDA and Noida International Airport Ltd, Arun Vir Singh, said the prevailing market rates of land in YEIDA are much higher than the circle rates at which YEIDA is offering plots.

“Our current circle rate for YEIDA is Rs 18,510 per sq m. The market rates for these plots, we have learned, is around Rs 25,000 to Rs 30,000 per sq m,” Singh said.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..