The Yamuna Expressway Industrial Development Authority (YEIDA) has, in principle, agreed to fund an obstacle limitation survey (OLS) of the airport site.
In the OLS, the authority will list details of overhead electricity lines, religious sites, minarets, big old trees, highrise buildings, ponds, rivers and wildlife habitat pertaining to the site for the proposed airport.
YEIDA officials on Tuesday evening received a letter from the department director of Uttar Pradesh civil aviation, Devendra Swarup, asking the authority to provide funds for OLS.
“We have, in principle, agreed to pay Rs1.25 crore for OLS, which will be conducted by experts. We will complete the formalities for this survey. It is an important exercise for setting up the airport,” a YEIDA official said.
Besides conducting an OLS, a team from the Uttar Pradesh civil aviation department will also meet YEIDA chief executive officer (CEO) Arun Vir Singh to discuss issues pertaining to the airport’s location, land and hurdles in the way of the project.
“There are clear directions from the UP government to expedite the work on the airport project. Once OLS is done and other clearances obtained, we will begin acquiring land. We have already earmarked 5,000 acres for the project,” Singh said.
In 2001, the then UP chief minister and current Union home minister Rajnath Singh had proposed a Greenfield Taj International Airport and Aviation Hub (TIAH) in Jewar. However, the project failed to take off in 16 years due to changes in governments at the Centre and the state.
Chief minister Yogi Adityanath on April 7 directed officials to expedite work on the project. “The chief minister has instructed all officials concerned to coordinate with the civil aviation ministry to get necessary approvals so that the project can be completed at the earliest,” a YEIDA official.
Officials said that it is likely that the project will be executed this time as the Bharatiya Janata Party (BJP) is in power at the Centre and the state. Officials said that an airport will help in economic growth.
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Ever since Yogi Adityanath has come into power and expressed interest in reviving the Jewar International Airport project, there have been talks of a rebound in real estate sector in Noida and Greater Noida. Jewar International Airport project holds significance as any kind of development in terms of infrastructure indicates a growth of real estate in the region. Experts believe that development like establishing an airport would give a much-needed push to the region’s real estate as demand for property will increase.
Real estate sector is on a revival mode and sentiments are looking positive with consumers/homebuyers coming back into the market. The government has also taken many measures to boost the housing sector. The Real Estate Regulation Act that will come into force from May 2017 is also expected to bring in many positive changes in the real estate sector. With the prices touching high levels in Delhi and Gurgaon, Noida and Greater Noida will become as an affordable choice for many homebuyers, especially the first time homebuyers. If Jewar airport becomes a reality, then all these factors could make Noida and Greater Noida region a strong real estate market.
Amit Modi, director, ABA Corp and vice-president, CREDAI Western UP believes development of infrastructure is directly related to the growth of real estate in the region, hence the development like Jewar airport will give a much-needed push to the demand in the markets of Noida and Yamuna expressway. “An airport in this region is a must as people from Agra come to take flight from IGI Airport, hence it is extremely important for the comfort of the resident population to build an airport in the region. Jewar Airport could prove to be a catalyst for Western UP’s real estate market. Real estate scenario in Noida and Greater Noida will improve with the coming of international airport as there will be residential, commercial, industrial and institutional growth in the area. With the reality of the airport, there will also be economic multiplier effect as it will bring a lot of demand for housing sector and office spaces will erupt along with strong capital appreciation in and around Greater Noida,” he added.
Jewar airport may give much needed push to Noida real estate sector, homebuyers be ready to invest
GREATER NOIDA: The proposed Jewar international airport project is gaining momentum. Days after chief minister Yogi Adityanath revived the project, Yamuna Expressway Industrial Development Authority (YEIDA) on Wednesday appointed engineering consultancy company RITES to conductan obstacle limitation survey (OLS) for the same. The move came in the wake of the state civil aviation department asking YEIDA to get the process started immediately.
According to YEIDA officials, they have received a letter from the director of civil aviation, Lucknow, on April 25, asking them to expedite the survey. “In September last year, we had advised the UP civil aviation department to carry out an obstacle survey of the land where the airport is proposed since we do not have any expert to do the same,” said Arunvir Singh, CEO of YEIDA.
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Chief minister Yogi Adityanath has revived the proposal for Jewar International Airport in Delhi-NCR’s Greater Noida. According to sources, the chief minister asked senior officers to take up with the Centre the issues concerning the construction of Jewar International Airport.
Union minister of state for culture and tourism (independent charge) and Gautam Budh Nagar MP Mahesh Sharma who had been favouring the Jewar International project had recently met the chief minister.
The idea of an airport in Greater Noida was first mooted by then UP chief minister Rajnath Singh. Mayawati-led BSP government also pushed for the Jewar International Airport. The SP government, however, preferred an international airport in Agra and considered Saifai (SP chief Mulayam Singh Yadav’s native village) as one of the options.
Adityanath gave directions to senior officers of infrastructure and industry development department during the presentations made to him on late Thursday evening.
“Chief minister has asked officers to push for construction of an international airport at Jewar. He has also asked the officers to explore the Agra option,” said a senior officer. About the Agra-Lucknow expressway, the chief minister asked the officers to get the work completed at the earliest. He said the work on Poorvanchal Expressway, too, should also be started at the earliest.
The state government will also remove “Samajwadi” from the “Poorvanchal Expressway” project of the previous Akhilesh Yadav-led Samajwadi Party government.
The chief minister said the super specialty hospital coming up at Noida should be developed on the lines of the All India Institute of Medical Sciences (AIIMS). He said the Gautam Buddha University situated at Greater Noida should be developed as centre of excellence. He asked the officers to explore the option of re-opening the closed spinning mills in the state. He asked officers to submit a report on the issue in three weeks.
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