The Yamuna Expressway Authority would acquire 1,900 hectares in Tappal near the Noida airport project

By Bricksnwall | 2024-07-05

The Yamuna Expressway Authority would acquire 1,900 hectares in Tappal near the Noida airport project


Yamuna Expressway  Authority plans to build a multimodal logistics complex near Noida Airport in the Tappal region. The logistics park will span 950 hectares, but the first phase will be developed on 200 hectares of land.

The Yamuna Expressway Industrial Development Authority (YEIDA) has chosen to acquire almost 1,900 hectares of additional property near Tappal in Aligarh, according to authorities familiar with the subject.

 

They stated that the additional area will be used for a variety of industrial and manufacturing developments planned by the Authority around the forthcoming Noida International Airport.

 

Tappal, with its proximity to the new airport, is quickly becoming a real estate destination for investors. According to officials, illegitimate constructions, including dwelling and commercial, are sprouting on notified land for industrial development, impeding planned growth surrounding Noida Airport.

 

Officials stated the effort to purchase an additional 1,861 hectares of property near Tappal will deter encroachment and the proliferation of unlawful housing and commercial enterprises on the notified site.


The Yamuna Expressway Authority has approved around 2,597 hectares for development projects in Tappal. YEIDA has acquired 736 hectares of this, but the remaining land is required to carry out the planned development as well as to protect the notified region from land mafias.

 

"Due to the closeness to the future Jewar airport, a lot of illegal projects and encroachments have sprouted on notified land in Tappal. To safeguard the property, the Authority will acquire an additional 1,900 hectares and accelerate the planned projects. Illegal construction of any kind would not be tolerated', YEIDA CEO Arun Vir Singh stated.

 

The authority has been conducting encroachment removal drives. The YEIDA has recently served notices on over 300 encroachers in places including Tappal in Aligarh, Jewar and Jahangirpur in Gautam Budh Nagar, and Mathura.


Multimodal Logistics Park

 

The YEIDA plans to create a 950-hectare multimodal logistics park in Tappal. The initial phase of the project will cover 200 hectares. Out of this, 24 hectares will be designated for residential usage, 10 hectares for commercial use, and 12 hectares for institutional purposes. The logistics park will also include auxiliary and support facilities such as a gate complex, platform, siding area, and truck parking lot.

 

The Authority intends to invest approximately Rs 990 crore in land acquisition and the development of basic infrastructure. It will appoint a commercial concessionaire to build the park under the Public commercial Partnership approach and operate it for 45 years.


Source: HindustanTimes

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