Yeida Acquires 5,200 Acres to Develop New City Sectors

10 Jun 2025 CW Team

The Yamuna Expressway Industrial Development Authority (Yeida) has acquired over 5,200 acres of land in the past five years to support a series of ambitious development projects near the upcoming Noida International Airport, which is expected to begin operations soon.

Yeida announced plans to expand its land bank for the development of four new sectors — 4A, 5, 5A, and 11 — covering a mix of residential, industrial, and institutional projects. The authority aims to purchase an additional 5,000 acres directly from around 2,000 farmers through a voluntary sale process.

“We are speaking with farmers who are ready to sell. The land acquisition process is ongoing,” said Arun Vir Singh, Chief Executive Officer of Yeida.

Sector 4A will house the Korean City, requiring 365 acres, while the Japanese City will be established in Sector 5A across 395 acres. Sector 11 will feature the 750-acre Fintech City, and Sector 5 is planned for group housing and residential developments, with provisions for social infrastructure like a children's home and orphanage.

Yeida’s urban plan allows for integrated land use in the Japanese and Korean zones — combining industrial, commercial, residential, and institutional areas. This integrated approach will facilitate the construction of homes, hotels, malls, and offices, creating self-sufficient urban environments.

“The goal is to ensure all essential facilities are available within these cities so that Japanese residents can feel at home while preserving their cultural identity,” said Singh. “With the airport nearing completion, we are accelerating the rollout of these flagship projects.”

The proximity of these new sectors to the Noida International Airport is expected to significantly boost their appeal, making the area a strategic hub for international business, innovation, and smart urban living.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..