亚博体育官网首页

3,827 Hectares Acquired for Industrial Corridors Along Expressways
ROADS & HIGHWAYS

3,827 Hectares Acquired for Industrial Corridors Along Expressways

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has acquired 3,827 hectares of land across twelve districts for industrial corridors along the Ganga, Bundelkhand, Agra-Lucknow, Purvanchal, and Gorakhpur Link Expressways. This accounts for about seventy per cent of the approved land. The government has invested over Rs 55 billion in acquisition, including stamp duty and registration charges.

The project aims to promote warehousing, logistics, electronics, food processing, pharmaceuticals, and information technology industries. These corridors are expected to play a crucial role in Uttar Pradesh鈥檚 ambition to become a US$ one trillion economy.

Nearly twenty thousand landowners have been compensated. Over one thousand and forty-three hectares were acquired for the Ganga Expressway, covering more than seventy per cent of approved land. Bundelkhand Expressway saw acquisition of over one thousand five hundred hectares, representing eighty per cent of approved land, benefitting districts such as Banda and Jalaun.

Around eight hundred seventy-three hectares were acquired along the Purvanchal Expressway, approximately sixty per cent of approved land. The Gorakhpur Link Expressway and Agra-Lucknow Expressway also saw significant land acquisition, with industrial townships planned at multiple locations.

Source:Express News Service

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has acquired 3,827 hectares of land across twelve districts for industrial corridors along the Ganga, Bundelkhand, Agra-Lucknow, Purvanchal, and Gorakhpur Link Expressways. This accounts for about seventy per cent of the approved land. The government has invested over Rs 55 billion in acquisition, including stamp duty and registration charges.The project aims to promote warehousing, logistics, electronics, food processing, pharmaceuticals, and information technology industries. These corridors are expected to play a crucial role in Uttar Pradesh鈥檚 ambition to become a US$ one trillion economy.Nearly twenty thousand landowners have been compensated. Over one thousand and forty-three hectares were acquired for the Ganga Expressway, covering more than seventy per cent of approved land. Bundelkhand Expressway saw acquisition of over one thousand five hundred hectares, representing eighty per cent of approved land, benefitting districts such as Banda and Jalaun.Around eight hundred seventy-three hectares were acquired along the Purvanchal Expressway, approximately sixty per cent of approved land. The Gorakhpur Link Expressway and Agra-Lucknow Expressway also saw significant land acquisition, with industrial townships planned at multiple locations.Source:Express News Service

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement