Jewar Airport will be going to construct in Noida city. It is an upcoming project that floated by the Uttar Pradesh government. This state government gave approval to builders to begin this project at end of this month. Arun Vir Singh is a CEO of YEIDA (Yamuna Expressway Industrial Development Authority) who assumed overcharge of NIAL (Noida International airport limited).
On August 28, Arun Vir Singh had been asked to assume to take more responsibility as NIAL’s CEO. Singh is work with the close of NIAL chairman. He will be considered as an important person to the Jewar airport project. He hires concessionaries to behalf of the Uttar Pradesh government. He is a key facilitator for tenders of this project. NIAL CEO added capital of the company as Rs. 10,000 crore.
He has to maintain dealings of the organization and take a perfect decision based on the financial plan among Chairman Anoop Chandra Pandey. This airport project will develop according to the right plan in the destination. Many farmers gave their land to construct this project. It will be constructed in a private-public partnership of the company.
Useful information about the Jewar Airport:
Lots of farmers here have no issues on providing their land for this airport project. They get the high amount for selling their land in the destination. Chief Minister of the Uttar Pradesh government offers the best deal to farmers. In the Yamuna Expressway project, people acquire amazing deals for their lands. The Jewar Airport Properties will be going to develop depend on project cost and plan.
Now, YEIDA is providing Rs. 1895 for per square meter for the land. All land has been categorized as urban. According to the rules, real estate builders are going to build the project. The plan of the airport project is connected to the Yamuna Expressway. It has been constructed with all necessary facilities in the region. The jewar airport project allows people to travel on a flight with no hassle. They also provide more benefits to the farmers who gave up their property.
Explore some impacts of NIAL CEO:
In the meeting, he said that his role to make documents depend to proposals. Also, he also considers the final selection of the project. Within a specific time, he has to produce a perfect financial plan for the tenders. Now, Noida International airport limited company will work all airport projects. On 28th August this year, this company implements an airport project in Noida. This organization was launched in Indian companies in the act of 2013. First annual meeting of this company was conducted on 25th September.
The nodal agency has to begin the airport project in Noida. Arun Vir Singh says they have to complete the projects within the total estimated cost. He has worked in several fields with handicrafts Export Corporation and director of handlooms in textile ministry, Uttar Pradesh government, Noida authority, additional commissioner of NCR planning board, commissioner of trade tax and YEIDA CEO.