Keeping in mind to fast-track the work in and around Jewar airport, the Yamuna Expressway Industrial Development Authority (YEIDA) is all set to launch two land schemes in its area. The land will be auctioned to develop 5-star hotels and industrial units in YEIDA area.
The two schemes will cover around 650 acres of land area. Giving information about the two schemes YEIDA CEO Arun Vir Singh told, “In the first scheme we will auction five plots of 10 acres of land for setting up 5-star hotels. These plots are located in sectors 21, 28 and 29. This scheme will be time-bound and plots will be allotted on a two-bid system including technical and financial bids. The reserve price fixed for these commercial plots is Rs 34,000 per square meter.”