Express News Service
LUCKNOW: The Uttar Pradesh government has selected a firm to prepare the Detailed Project Report (DPR) for Chief Minister Yogi Adityanath’s ambitious Film City project, which was announced in September.
Last Monday, the UP government had shortlisted four firms CBRE South Asia Pvt Ltd, EGIS India Consulting Engineers Pvt Ltd, NDS Art World Pvt Ltd and CP Kukreja Architect for consultancy on architecture, construction and design of the project to come up in Gautambuddh Nagar.
Of 1,000 acre of land earmarked at Sector 21 of YEIDA on the Yamuna Expressway, 780-acre site would be used for a film centre while 220-acre would be meant for commercial venture.
Exclusive: Noida Film City expected to have a five-fold impact on real estate prices in the region, says YEIDA CEO
Adityanath had on September 18 directed YEIDA to submit its proposal for establishing a film city to the state government.
Yogi Adityanath
Noida Film City, a flagship project of the UP government, is expected to lead to a five-fold rise in real estate prices in the region, according to Arun Vir Singh, CEO of the Yamuna Expressway Industrial Development Authority (YEIDA). There are massive opportunities associated with the film industry, not to mention the investment potential. It is expected to lead to five times growth in real estate values – the Rs 5,000 crore investment is expected to generate benefits worth Rs 25,000 crore,” Singh told Moneycontrol, a day after YEIDA announced that Fortune 500 company CBRE would prepare the blueprint for the film city.
Global tenders to construct and develop the Film City likely to be fl oated in April 2021
GREATER NOIDA: CBRE, the global commercial real estate services company, was on Monday appointed consultant for the UP government’s ambitious Film City planned in Greater Noida, the second largest infrastructure project in the region after the international airport in Jewar.
CBRE, said officials, has been given the task of preparing the detailed project report and drawing up a plan to make the Infotainment-cum-Film City – planned over 1,000 acres, just 6km from the site of the upcoming airport – financially viable and successful.
CBRE was chosen from among four companies that were shortlisted to prepare a blueprint for the Film City after technical and price bid evaluations. “The consultant has been given a 60-day window to compile the detailed feasibility study. It should get ready before February 13,” said Arun Vir Singh, CEO of the Yamuna Expressway Industrial Development Autho
Yamuna Expressway Industrial Development Authority
GREATER NOIDA: On the lines of Sabarmati riverfront in Ahmedabad and Gomti riverfront in Lucknow, another riverfront is expected to come up on the eastern banks of the Yamuna.
Planned 130kms away from Pari Chowk in Greater Noida, the riverfront will come up near Vrindavan in Mathura. However, residents of the city will be able to reach the stretch via Yamuna Expressway within 90 minutes.
Yamuna Expressway Industrial Development Authority (YEIDA) on Monday secured the approval of senior UP government officials to start work on the development of the riverfront under its second phase of expansion plans within Raya urban centre.
Highlights
The new film city a dream project for the Yogi government, is expected to be built in Sector-21 of Yamuna Expressway
Since the announcement of Chief Minister Yogi Adityanath, the Yamuna Authority invited suggestions on the preparation of the DPRT
The new Film City is being developed on 1000 acres, out of which 780 acres will be for industrial use and 220 acres for commercial use.
Gautam Buddha Nagar: The UP government s proposal to set up a film city in Sector 21 along the Yamuna Expressway in Gautam Buddh Nagar has got a push as four companies have already submitted their DPR. The CBRE South Asia Private Limited has been finalised on Monday (December 14) for making the Detailed Project Report for the upcoming new Film City.