PwC submits draft of techno-economic feasibility report to YEIDA

PricewaterhouseCoopers (PwC), the consultants to the proposed International airport at Jewar has submitted a draft of the of techno-economic feasibility report to the Yamuna Authority on Friday. As per the officials, this report will help them in getting in-principle approvals for this highly ambitious project. However the final report will be submitted by March end.

Feasibility Report to YEIDA

Img : turner

The draft report will be now be studied by YEIDA officials after that if required they will give further suggestions to the agency. The whole report is divided into nine chapters which include trends in the aviation sector, traffic estimation, regional connectivity scheme, cargo potential, non-aeronautical revenue, capex profiling, operating expenditure, financial assessment and environmental social impact.

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Noida-Greater Noida Home Buyers now eligible for 2.5 lakh Subsidy under PMAY Scheme

The flat buyers of Noida-Greater Noida location have a reason to smile. As they will now receive the interest subsidy of 2.5lakh rupees on the home loan they avail under PMAY Scheme. This benefit is applicable only Middle-Income group [MIG].

Noida-Greater Noida Home Buyers

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The Ministry of Housing and Urban Development allotted necessary codes Noida-Greater Noida and the same have been forwarded to the Housing and Urban Development Corporation [HUDCO] and National Housing Bank [NHB]. The NHB is solely looking after the Pradhan Mantri Aawas Yojna i.e. PMAY Scheme.  This decision will prove beneficial to several home buyers who come under MIG.

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Noida-Greater Noida Metro Link’s Trial to Start in April

The 30km long Noida-Greater Noida Metro Link’s trail is going to commence in April. The NMRC – Noida Metro Rail Corporation confirms the trial of this long stretch after the UPPTCL i.e the Uttar Pradesh Power Transmission Corporation Limited gave its nod for the disbursal of electricity immediately.

Noida-Greater Noida Metro Link’s Trial to Start in April

Img : hindustantimes

The trial was scheduled to start in December 2017 but got delayed due to the insufficient power supply from UPPTCL that pushed the Noida-Greater Noida Metro Rail trial for the tenure of more than three months. Mr. PD Upadhyay, Executive Director, NMRC was quoted saying, “The UPPTCL has started supplying 400KV electricity supply from its Sector 148 power substation from February 28 to the 30km Noida-Greater Noida Metro link. UPPTCL’s top officials have also conducted an inspection and written to their staff in Noida to immediately start power supply. It is good news because now, we can start trials on this Metro link in April and make way for commercial operations after completing the necessary formalities related to safety.”

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Good News: Jewar Airport could be operational by December 2021

Greater Noida: If all goes by the timeline, then Jewar International airport may start its operation by end of 2021. The new Greenfield airport at Jewar is expected to end the congestion at the IGI Airport.

Jewar Airport

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A meeting took place last week between Civil Aviation Ministry, Airport Authority of India and YEIDA officials in which the officials visited the site of the Jewar airport in Greater Noida and assessed the progress of the project.

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The Pros of Living in Low-Rise Builder Floors

When searching for an apartment, you have to take into account several factors like location, priority to parking, public transport, etc. All such factors are hugely important to find a perfect place. However, another secondary factor which will affect your day to day lifestyle is the floor that you live on. While plenty of options are available in a high-rise apartment, a low-rise building has its own charm and advantage.

The Pros of Living in Low-Rise Builder Floors

A low-rise building has about 5 floors, maybe six sometimes. The first basic advantage of a low-rise building is low density, meaning fewer units per floor, giving you quiet surroundings to enjoy life privately. So you can live in a low-rise apartment complex, with elevator and 24/7 security system, with CCTV’s in all common areas. Low- rise also means low risk during fire or earthquakes; you can just run down the stairs. The building will be safer during natural calamity. [Read more…]