Jewar, a small town along Yamuna Expressway in Uttar Pradesh, is emerging as one of the fastest-growing real estate micro-markets because of an upcoming international airport, leading to a 40 per cent appreciation in land prices in the last five years, according to Colliers. Land prices in Jewar township are likely to rise 50 per cent by 2030, real estate consultant Colliers India said in a report 'Infrastructure & Mega Projects - The Key Enablers of Urban Expansion in India' released on Monday. "Jewar is a small town located along Yamuna-Expressway. It is rapidly transforming into a prominent investment destination with a combination of strategic infrastructure, industrial expansion and robust government initiatives," the report said. The consultant noted that Jewar is emerging as one of the fastest-growing real estate micro-markets, driven by robust economic growth prospects fuelled by key infrastructure developments such as the Jewar Airport (Noida International Airport), metro
In a significant verdict, the Supreme Court on Tuesday upheld the validity of land acquisition for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar, Uttar Pradesh. The top court decided a batch of appeals and the cross-appeals filed by the landowners and the Yamuna Expressway Industrial Development Authority (YEIDA) respectively. The cases arose from two conflicting verdicts of the Allahabad High Court. One judgement upheld the acquisition by the YEIDA and another quashed state action of taking the land of farmers by invoking the urgency clauses. A bench comprising Justices B R Gavai and Sandeep Mehta dismissed appeals by the landowners while allowing the appeals filed by the YEIDA, resolving a long-standing dispute over the application of urgency provisions in the Land Acquisition Act, 1894. Writing a 49-page judgement for the bench, Justice Mehta said the acquisition was deemed integral to the Yamuna Expressway's development. The .
The accident took place between 12:30 a.m. and 1 a.m when the bus was travelling from Delhi to Azamgarh
he average price of flats/apartments has risen from Rs 2,800-3,000 per square foot in 2019 to Rs 7,900-8,100 per square foot in 2024.
Italian motorcycle manufacturer Ducati is considering building a dedicated motorcycle racing facility in the state, with the potential to attract international motorsport events
Despite a ban on people walking on the Yamuna Expressway, there has been a rise in pedestrian deaths in road crashes on the route over the years, with 41 per cent of the fatalities taking place in 2023 alone, according to data procured through RTI Act. Altogether 39 pedestrians lost their lives along the 165-km Yamuna Expressway since 2012, when it was opened for commuters. Of these, 16 fatalities were recorded in 2023 --? the highest any year, the date showed. Supreme Court lawyer and road safety activist Kishan Chand Jain had sought year-wise details on accidents, injuries and fatalities involving pedestrians from the Yamuna Expressway Industrial Development Authority (YEIDA) under the Right to Information Act, 2005. The RTI reply stated that Yamuna Expressway, built by Jaypee Infratech, is an "access controlled expressway" where pedestrians are not allowed to move or cross it. The total number of pedestrian-related accidents on the expressway from 2012 to 2023 stood at 103 while
Yeida had approved all five conditions of Suraksha Group's resolution plan to take over stuck realty projects of Jaypee Infratech
The first phase of International Film City will cost around Rs 1,510 crore and will be developed near the upcoming Jewar Airport
Home-grown water purifier maker Kent RO System aims to enter the US market next fiscal and expand its appliances portfolio as it targets a Rs 2,000 crore turnover in the next three years, its Chairman & Managing Director Mahesh Gupta said. Besides, Kent RO Systems, which has invested Rs 500 crore on expansion in the last three years, has plans to invest Rs 300 crore more to set up a new fan manufacturing unit at Yamuna Expressway in Uttar Pradesh, he said. The company, earlier known for water purifiers, is diversifying its portfolio and enhancing its presence in the appliances segment, especially small kitchen appliances. Gupta expects new categories to contribute half of the revenue in coming years. Over its foray into the US market, Gupta said Kent RO System has entered into a brand licensing agreement with Black & Decker. As part of that, it will manufacture and ship its range of water purifiers under the brand name of the Maryland US-based manufacturer. "We will be going .
Several commuters were injured in a pile-up on the Yamuna Expressway in Greater Noida on Wednesday morning amid reduced visibility due to fog, police officials said. According to the officials, the incident took place around 8 am on the Agra to Noida lane of the expressway in Dayanatpur area under the Jewar police station limits. "No person suffered fatal injury in the incident while the number of those injured was yet to be ascertained," Additional Deputy Commissioner of Police (Greater Noida) Ashok Kumar said. The officer said most of the damaged vehicles have been removed from the expressway and normal traffic movement resumed on the stretch. A video of the pile-up that surfaced on social media showed multiple damaged vehicles, including private and commercial ones, on the expressway. One lane of the carriageway also appeared to be having barricades where some construction work was underway, the purported video showed. There was no comment yet from the officials concerned whet
While light motor vehicles like two-wheelers and cars will be allowed 75 kmph, the speed limit for heavy vehicles like trucks and buses will be 60 kmph
UP Chief Minister Yogi Adityanath has been zealously positioning the state as a major sporting hub in the league of Indian states
The state agency, UP Expressways Industrial Development Authority (UPEIDA), will acquire about 100 acres in the vicinity of each expressway project for allotment to industry
Lenders said they are still awaiting the resolution of a debt worth Rs 21,658 crore with Jaypee Infratech -- the real estate arm of the group
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A group of farmers protesting against the central farm laws staged a demonstration at the Jewar toll plaza, partially disrupting traffic movement on the Yamuna Expressway
The YEIDA had on Sunday sent a proposal to the state government after it identified the land in Sector 21 along the expressway
The Yamuna Expressway Industrial Development Authority (YEIDA) has earmarked 1,000 acres and the Noida Authority has identified 500 acres
The 628 km project is branded as world's longest access controlled road