Greater Noida: By next month, Yamuna Expressway Industrial
Development Authority will come out with a scheme for developing a commercial in
Sector 18. The hub is expected to gather attention, especially with the upcoming
Jewar airport project in the vicinity.
Under this scheme, a 25-acre land in Sector 18 will be
developed for a dedicated entertainment zone that would malls, retail shops,
restaurants, open air theatre, multilevel parking along with pedestrian
walkways and green area. The YEIDA office building, which is currently in
Greater Noida, will also shift to the area in future. The scheme will be
implemented on tendering basis. Officials said with the upcoming Jewar airport
at a distance of about 7 km from Sector 18 (28.4 km from zero point) and
industrial investments around Yamuna Expressway and schemes for residential
plots already in place, YEIDA now wants to focus on the next level of
development in the area through the proposed.
commercial hub. “We will float the scheme for the commercial
hub in Sector 18 from June,” Meena Bhargava, general manager (planning), YEIDA,
told TOI. “It will be beneficial for those sections who are working in the many
industries in Yamuna Expressway areas, especially with economic activity
expected to rise with the coming up of the airport. The sector will give boost
to commercial activity in the area,” said Arun Vir Singh, CEO of YEIDA. On
YEIDA office building to come up in the sector, Bhargava maintained that
request for proposal (RFP) for the same will be floated and it will take over
five years to come up. Once completed, allotees will no longer have to go to
YEIDA’s Greater Noida office for work.
Jaypee Greens having a good project at the location namely Jaypee Greens Sports City.
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