The Jewar Airport or the Noida International Greenfield Airport will be spread over 5,000 hectares when fully built at an estimated to cost Rs 29,560 crore.
Prime Minister Narendra Modi inaugurated the first phase of the Noida International Airport in Jewar, Uttar Pradesh, highlighting its role as a multi-modal transport hub and its potential to significantly boost cargo and passenger handling capacity.
Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
Its proximity to popular tourist destinations like Agra, which attracts 45 per cent of the international passenger traffic at IGI, could be diverted to Jewar.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.
Noida International Airport is set for its grand opening as roads are fixed and infrastructure preparations near completion. Here's what's ready and what to expect from the launch.
The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.
Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
Tata Group's infrastructure and construction arm, Tata Projects, has bagged the contract to construct the upcoming Noida International Airport at Jewar, in Uttar Pradesh. As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement on Friday. YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida International Airport. In 2019, Zurich Airport International AG won the bid to develop the airport.
Instead government has given a go ahead for an international airport at Jewar in Greater Noida to decongest New Delhi airport
Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
The Jewar airport proposal was first mooted by Rajnath Singh, who was then the Uttar Pradesh Chief Minister, in 2001 and later pushed by his successor Mayawati.
UP government renews proposal for one at Jewar, 100 km from Delhi
Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.
The tableau also depicts the first-ever operational high-speed regional rapid transit system (RRTS) of the country. It was launched by Prime Minister Narendra Modi on the priority section of its first corridor in October.
Being touted as a competitor to the country's busiest Delhi airport -- which handles approximately 1,200 flights a day -- the Noida airport was expected to start flight operations by the end of this year. But supply-chain disruption, caused by pandemic and subsequent global upheaval, has hit the pace of construction at the airport which is coming up in the Jewar area of UP's Gautam Budh Nagar, some 75-km from the Delhi airport.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
The Delhi-Dausa-Lalsot stretch is set to reduce the travel time between the national capital and Jaipur considerably.
Indian sweet, snack, and restaurant chain group Bikanervala, with revenues of over Rs 3,000 crore, is working towards an initial public offering (IPO) for its food company in the next three years. Before that, it could also bring in private equity (PE) investors. The low-profile Aggarwal family-owned group company, Bikanervala Foods (which also sells under the brand name Bikano), operates in the snack business.
Responding to a cabinet proposal to build a new airport in Jewar, Noida, Delhi International Airport Ltd (DIAL), the joint venture that operates Delhi airport, has told the ministry of civil aviation that the expanded capacity of the modernised airport will take care of the entire traffic requirement in the 150-km catchment area around Delhi for the next 20 years. Jewar is 68 km from Delhi airport.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.
Experts are divides on whether a new international airport should be developed at Greater Noida.
What has come in the way were the rich heritage monuments - Taj Mahal to top it all, together with the Agra Fort and Fatehpur Sikri.
However, the RLD leader gave a terse response. 'Invite those +700 farmer families which you have destroyed, not me,' he tweeted in Hindi.
The Central government has, at last, cleared the techno-feasibility report for setting up the ambitious Taj International Airport and Aviation Hub in Uttar Pradesh, to be constructed and operated by the year 2007-08.
The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
A source in the know said realistically two-three of the seven bullet train corridors could be included as a practical election promise.
A myth was nurtured for nearly three decades that any chief minister of Uttar Pradesh who visited Noida in Gautam Buddh Nagar district was doomed to go out of power.
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said the country has to decide if the sweetness of sugarcane will grow or the followers of Pakistan founder Muhammad Ali Jinnah will cause mischief in the state, in a veiled attack on the Samajwadi Party (SP).
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
'The people of Uttar Pradesh have already made up their mind to puncture the Samajwadi Party's cycle, kick away the Bahujan Samaj Party's elephant, and remove shadows of the already-vanished hand of the Congress.'
Make sure that the person you are buying the plot from is the rightful owner.
