Showing posts with label New Airport. Show all posts
Showing posts with label New Airport. Show all posts

Thursday, December 12, 2019

Approval of JEWAR airport from UP cabinet


Zurich Airport International, Switzerland, appeared as the largest bidder for the recommended international airport at Jewar, Uttar Pradesh (JewarAirport), on the outskirts of Delhi, dreaming for a major delayed project. Was and for the development of localities with it. The original duration of the project is expected to be operational by 2023 when it manages 12 million passengers a year.

Zurich Airport is included in another three bidders-GMR Group-led consortium comprising Delhi International Airport Limited (DIAL), Adani Enterprises Limited and Anchorage Infrastructure Investments Holdings Limited.

Meanwhile, Zurich Airport accumulated a revenue share of 400.97 per passenger, the first refusal by GMR Group led DIAL, which took place at Airport 351. The Adani Group and Anchorage were individually priced at ₹ 360 and each 205 for each passenger.

The final tender, however, should be given by the airport's Project Audit and Operations Commission on 2 December, but is expected to be an irrelevant conventionality. Zurich Airport will design, promote and operate the latest green field airport in Jenner after 40 years of authorization. It will finance 650 million Swiss francs (₹ 4,663.731 crore) for the opening of the first phase, which will require about four years to finish.

Jewar Airport will be the third National Capital Region (NCSR) after Ghaziabad's Hindon and Indira GandhiInternational Airport (IGNA). The new airport will be 100 km from Delhi Airport operated by GMR Group, which is the international airport of the capital.

The next phase of Jewar Airport is scheduled to end by FY 2016 and it will expand its capacity and capacity to 30 million passengers per year, in the meantime, the third and fourth phases are expected to be completed by FY 2014 and FY40, In addition, with a capacity of 50 million and 70 million passengers, sequentially.

Fugfen Zurich AG is delighted to have a new presence in India, a focus market for the company, next to the prosperous sales of its remnant at the airport in Bengaluru in 2017. While the expansion is a positive for the aviation department, it will be necessary that visual connectivity stands in a war and an unconnected area for development is also further supplied to the concessionaire.


Another airport is required in NCR due to the geographical area of ​​NCR. Property prices rise once the project's foundation and infrastructure are advertised. In the case of Jewar Airport, we can now see extraordinary growth, appreciation and recognition. These may extend the Noida-Greater Noida area to a standard with Gurgaon in the future.

Developing story are:-


Timeline: The plan for an airport at Jewar was established in 2001 when Rajnath Singh was the Chief Minister of Uttar Pradesh. His follower Mayawati also upheld the order and his government procured over 2,000 acres for the project.

However, in December 2018, it was that the UP cabinet headed by Chief Minister Yogi Adityanath gave its permission for the development of the airport. The central government also granted site approval permission for the project in July last year.

Estimated cost: The development of this international airport will require approximately 5,000 hectares of land which will be finished in four phases. The expected cost of the project, which will be borne by the Yamuna Expressway Industrial Development Authority, is divided into Rs 20,000 crore. This cost does not include connectivity methods.

Capacity: According to PWC, the firm that has presented a techno-economic feasibility record for the project, Jewar Airport is accurate to manage 60 million passengers by 2022-23, when the initial phase of the project is determined . According to the agency's report, managing more than 10 crore passengers by 2050 would be pure.

Connectivity: Passengers could fly from Jewar Airport to international destinations to essential domestic destinations.

Impact: The Ministry of Civil Aviation believes that this airport is meant to expand connectivity in western Uttar Pradesh, which will also boost the tourism and economic potential of localities. This airport will cater to the aviation requirements of not only Delhi Airport, but also cities like Mathura, Bulandshahr, Agra and Meerut. The arrival of this airport will undoubtedly develop property possibilities in the neighborhood. A high-speed network will only overcome impulse.

Green Touch: The Noida government has also confirmed an agreement with individual entities that a parcel of 92 acres of land will be developed for its afforestation plan. This would mean that buyers would tolerate a huge green area.

 SuGanta Realty Services llp