{"id":4223,"date":"2021-11-29T13:25:39","date_gmt":"2021-11-29T13:25:39","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=4223"},"modified":"2021-11-29T13:25:41","modified_gmt":"2021-11-29T13:25:41","slug":"pm-modi-lays-the-foundation-stone-of-the-noida-international-airport-jewar","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/pm-modi-lays-the-foundation-stone-of-the-noida-international-airport-jewar\/","title":{"rendered":"PM Modi lays the foundation stone of the Noida International Airport, Jewar"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><em>JEWAR: PM Narendra Modi on Thursday afternoon laid the foundation stone of the Noida International Airport, Jewar in Uttar Pradesh. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>This international airport will be India\u2019s largest and the fourth largest in the world. Once completed, it will also be the &#8220;first net-zero emissions airport&#8221; in the country.<\/p>\n\n\n\n<p>Being developed by Zurich International Airport AG at an estimated cost of Rs 29,560 crore, the Noida International Airport, Jewar is spread across 1,330 acres of land with a capacity to hold approx. 1.2 crore passengers annually.<\/p>\n\n\n\n<p>It is expected that the airport will begin its operations by September 2024 and the project will be a great employment booster as it will create more than one lakh job opportunities, according to the government of Uttar Pradesh.<\/p>\n\n\n\n<p>Chief Minister of Uttar Pradesh, Yogi Adityanath hailed the airport project as \u201cmonumental\u201d for the NCR and Western UP residents. Civil Aviation Minister Jyotiraditya Scindia also said that the airport will become one of the largest airports in Asia. He also highlighted that the airport will be the logistics gateway of northern India. And with its scale and capacity, it will turn out to be a &#8220;gamechanger&#8221; for Uttar Pradesh.<\/p>\n\n\n\n<p>Phase I of the aerodrome will cost more than Rs 10,050 crore and will have a capacity to serve at least 12 million passengers per year. It is created with an intention to share the congestion at the national capital\u2019s Indira Gandhi International (IGI) airport.<\/p>\n\n\n\n<p>Located about 72 km from the existing IGI Airport in New Delhi, the Noida International Airport, Jewar is 40 km from Noida and about 40 km from the multi-modal logistics hub at Dadri. The residents in Noida and Greater Noida can easily access the airport and it is also an alternative for residents in New Delhi and Gurgaon and other cities like Agra, Aligarh, Meerut, Bulandshahr, Faridabad, Ghaziabad and Mathura.<\/p>\n\n\n\n<p>Moreover, the airport will be linked to the planned Delhi-Varanasi high speed rail, which will shorten the journey between Delhi and the airport to only 21 minutes, said the official release.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/pm-modi-lays-the-foundation-stone-of-the-noida-international-airport-jewar\/#Share_holding_in_the_airport\" title=\"Share holding in the airport\">Share holding in the airport<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/pm-modi-lays-the-foundation-stone-of-the-noida-international-airport-jewar\/#The_history_and_project_Construction\" title=\"The history and project Construction&nbsp;\">The history and project Construction&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/pm-modi-lays-the-foundation-stone-of-the-noida-international-airport-jewar\/#What_more_to_look_forward_to_in_this_airport\" title=\"What more to look forward to in this airport\">What more to look forward to in this airport<\/a><\/li><\/ul><\/nav><\/div>\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Share_holding_in_the_airport\"><\/span><strong>Share holding in the airport<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Noida International Airport Limited is a joint venture that was incorporated as a government organisation in which the government of Uttar Pradesh holds 35% share, Noida Authority also has 35%, Yamuna Expressway Industrial Authority has 12.5%, while Greater Noida Industrial Authority has 12.5% share holding.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_history_and_project_Construction\"><\/span><strong>The history and project Construction&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The project was first proposed in 2001 during Rajnath Singh\u2019s tenure as the UP\u2019s chief minister. In 2010, the proposal of Taj Aviation Hub under then chief minister Mayawati did not make any progress. The SP government between 2012 and 2016, took forward the idea of Noida International Airport, Jewar. It was in 2017, the government obtained the site clearance for the airport. The Zurich International Airport AG had won the bid in November 2019 following which a concessionaire agreement was signed with the state government.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The construction of the airport will be implemented by the Yamuna Expressway Industrial Development Authority (YEIDA) through a public-private partnership model (PPP). According to the proposed plan, a two runway airport will be built by 2024 and will further be expanded to a 7,200 acres six-runway airport.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_more_to_look_forward_to_in_this_airport\"><\/span><strong>What more to look forward to in this airport<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Conceptualised with an integrated multi-modal cargo hub for the very first time, the Noida International Airport, Jewar focuses on reducing the total cost and time for logistics. The airport with its cargo terminal will have 20 lakh metric tonnes of capacity that will be expanded to the capacity of 80 lakh metric tonnes.<\/p>\n\n\n\n<p>For easy and comfortable convenience of passengers, the airport will also feature a Ground Transportation Centre that will have a multi-modal transit hub, including metro and high-speed rail stations, taxi and bus services and private parking.<\/p>\n\n\n\n<p>This airport with six runaways will be India&#8217;s largest and among the four largest airports in the world. With eight and seven runways respectively, the Chicago\u2013O&#8217;Hare and the Dallas\/Fort Worth are larger airports in the world. Other existing airports with six runways are Detroit, Boston, Amsterdam and Denver. As of September 2019, the Indira Gandhi International Airport, with three runways, has the highest number of runways of any airport in India.<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:\u00a0<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>JEWAR: PM Narendra Modi on Thursday afternoon laid the foundation stone of the Noida International Airport, Jewar in Uttar Pradesh.<\/p>\n","protected":false},"author":2,"featured_media":4224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[80],"tags":[115],"class_list":["post-4223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-airport","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PM Modi lays the foundation stone of the Noida International Airport, Jewar - Real Estate Sector Latest News, Updates &amp; 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