YEIDA to Introduce New Land Allotment Policy for State and Central Government Agencies
The Yamuna Expressway Industrial Development Authority (YEIDA) is set to introduce a new policy aimed at streamlining land allotment to state and central government agencies. This move comes as YEIDA responds to increasing demands for land from various governmental bodies, including the Central Reserve Police Force (CRPF), Central Industrial Security Force (CISF), and other agencies, all of which are seeking to establish significant infrastructure and institutional developments along the strategically located Yamuna Expressway.
Growing Demand for Land Near Noida International Airport
With the Noida International Greenfield Airport nearing completion, the surrounding areas have seen a surge in interest from public and private entities alike. Several central and state agencies have applied for land to build offices, training centers, research institutions, and various administrative facilities. According to YEIDA officials, eight different government agencies have already submitted formal requests for land allotment.
Among the prominent applicants is the CRPF, which has requested 25 acres of land to set up a VIP security battalion campus. Similarly, the CISF is eyeing a 100-120 acre plot to establish a world-class training institute. Other agencies, such as GAIL (India's natural gas corporation) and the Employee Provident Fund Organisation (EPFO), have also shown interest in acquiring land to expand their operational footprints in the region.
Strategic Land Allocation
To cater to the growing demand, YEIDA has earmarked approximately 20 plots of varying sizes across multiple sectors. These sectors include 22A, 22B, 22C, 22D, 17A, and 22E, all located in close proximity to the upcoming airport and connected by the Yamuna Expressway. Larger plots for infrastructural developments like transportation hubs, fire stations, and bus terminals have also been identified in sectors 18, 17B, and 21.
The authority aims to establish a clear and systematic approach to land allocation. Arun Vir Singh, CEO of YEIDA, confirmed that the proposal for this new policy will be presented at the upcoming authority board meeting scheduled for September 26. Once ratified, the policy will serve as a guideline for all future allotments, ensuring transparency and fairness in the process.
Market-Linked Allotment Rates
One of the key features of the new policy will be the introduction of market-linked rates for land allotments. Government agencies will be offered plots based on the prevailing market prices, allowing YEIDA to generate revenue while supporting the development of critical public infrastructure. This market-based approach ensures that the authority remains financially sustainable while promoting the establishment of government institutions.
The availability of these land parcels has been planned in a way that supports the long-term vision of the Yamuna Expressway region as a hub for both industrial and institutional growth. The proximity to the airport, expressway, and other infrastructural amenities further increases the desirability of these plots for government agencies looking to establish their presence in this rapidly developing area.
Supporting Public Infrastructure and Institutional Development
The introduction of this new policy is expected to accelerate the development of public infrastructure in the region. As part of its strategic planning, YEIDA aims to attract not only government agencies but also other public service institutions such as post offices, transport authorities, and research facilities.
By prioritizing these institutions, YEIDA envisions a well-rounded development plan that caters to both industrial and institutional growth, creating a balanced environment for long-term economic and social progress in the region. The policy will also ensure that land allotments support broader objectives of urban development, public welfare, and the creation of employment opportunities.
Looking Forward
As YEIDA moves ahead with this new land allotment policy, the region is poised for significant growth. The strategic location, combined with the robust planning and infrastructure support provided by YEIDA, is likely to make the Yamuna Expressway area one of the most sought-after regions for government and institutional development in the coming years.
The upcoming board meeting on September 26 will be crucial in formalizing this policy, paving the way for a new chapter in land allotment that aligns with both YEIDA’s vision and the developmental needs of state and central government agencies.
