The Yamuna Expressway Industrial Development Authority (YEIDA) is spearheading a transformative expansion around the Noida International Airport, acquiring massive land parcels to establish world-class infrastructure. In its latest move, YEIDA is acquiring an additional 5,000 acres from nearly 2,000 farmers across Sectors 4A, 5, 5A, and 11. This acquisition marks a significant step toward developing the area into a global investment and technology hub.
Key Projects Underway:
1. Japanese and Korean Industrial Cities
- Japanese City: Spread across 395 hectares in Sector 5A, this township will focus on semiconductor manufacturing, advanced technology industries, and will include commercial and residential spaces.
- Korean City: Envisioned on 365 hectares in Sector 4A, this project will specialize in electronics manufacturing such as semiconductors, AI chips, cameras, and hardware.
- Both zones will be self-sustained: 70% of land reserved for core manufacturing, and 30% for supporting infrastructure (residential, commercial, institutional).
2. Fintech City – Sector 11
- 250 acres earmarked for a state-of-the-art fintech hub, including digital finance companies, startups, and IT infrastructure.
3. Residential & Group Housing – Sector 5
- YEIDA has allocated land for group housing societies and residential apartments.
- Civic amenities like children’s homes and orphanages are also planned.
Land Acquisition Progress (2021 – June 2025)
- Total land acquired so far: 5,232 acres
- Previous acquisitions supported projects like:
- Noida International Airport
- International Film City
- Medical Device Park
- Toy Park
- Apparel Park
Compensation Package for Farmers
The UP government is offering two compensation models:
| Option | Rate per sqm | Additional Benefits |
|---|---|---|
| Option 1 | ₹4,300 | No additional benefits (cash only) |
| Option 2 | ₹3,808 | + 7% abadi plot (developed residential plot) |
- Most farmers are choosing Option 2, preferring long-term value through land allotment in planned residential areas.
Strategic Importance
This expansion strengthens YEIDA’s vision to make the Yamuna Expressway region an international hub for advanced manufacturing, fintech, and sustainable living. The developments are directly aligned with the upcoming airport and are expected to attract significant global investment, employment, and urban growth.
Stay tuned for sector-wise layouts, investment timelines, and residential plot availability.
Source – https://timesofindia.indiatimes.com/