NEW DELHI: The government on Friday cleared the Rs 6,284.20 crore 6-laning project of Eastern Peripheral Expressway to accelerate development in Haryana and Uttar Pradesh and ease traffic in the National Capital.
NOIDA: The department has decided to reduce circle rates, especially in group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior department officials said they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.
Uttar Pradesh’s three industrial development authorities – Noida, Greater Noida and Yamuna Expressway on Wednesday allocated Rs. 19, 649 crore for annual budget-2014-15.
Greater Noida, the industrial hub of UP just 40 km from the national capital, is fast emerging as an ideal destination for international events in the country.
Thanks to its excellent road connectivity with Delhi and the well planned India Exposition Mart located on Noida Expressway, more and more international events are being hosted at this centre.
The Asian Development Bank (ADB) summit, Petrotech-2014 and now the Auto Expo have all made their way to this suburb, mainly owing to the traffic snarls on Delhi roads.
UP government and local authorities are upbeat about the trend. The UP government claims that projects such as the Delhi-Mumbai Industrial Corridor (DMIC) and industrial townships coming up, Greater Noida will be an even more most sought after destination.
“We want to promote Greater Noida as an international hub for business as well a residential hub. It has already become undisputed international events destination. UP government is constructing five new ultra modern police stations, and hiring about 4,000 policemen only to this district aiming to streamline policing,” said Alok Ranjan UP industrial development commissioner.
“Poor public transport system and lack of metro connectivity between Greater Noida and Delhi till date posed a hurdle in the development of this industrial town. It could have done better if law and order had been better,” said Pradeep Kharbanda a private architect and town planner.
Hoteliers and realtors are cashing in on the international events.
“This is the first year of Auto Expo in Greater Noida and being the first star hotel in Noida we have received an overwhelming response. The hotel is booked to capacity during the event,” said Rajat Sethi, GM, Radisson Blu MBD Hotel Noida.
The Greater Noida authority is now building a convention centre, heliport and several other facilities near the Expo Mart.
“We are building a heliport only 500 meters away from the Expo Mart,” said Rama Raman, chairman and CEO of the Greater Noida authority. “A convention centre equipped with business district, food court, cultural centre and office space will be built in Knowledge Park-III next to Expo Mart. Even the annual All India International Trade Fair may be held here in future.” .
GREATER NOIDA: Twenty-eight years after Delhi played host to Asia’s biggest automotive show, the Auto Expo will now be showcased at its new venue, the India Expo Mart, in Greater Noida. With just a few days left for the curtain raiser of the biennial event’s 12th edition, the new venue is a scene of hectic activity.
To raise awareness and support the fight against cancer, Vijender Singh, Olympic medalist boxer will participate in a charity marathon – Run for Manavta on World Cancer Day, 4th February at the Sharda University in Greater Noida.