Greater Noida: Following the development of the Noida International Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) has stepped up efforts to bring the ambitious Film City project on ground in Greater Noida, officials said.
The foundation stone of the Rs 1,500-crore project will be laid on April 24, coinciding with the authority’s 25th foundation day.
The Film City project, one of the flagship initiatives of Uttar Pradesh Chief Minister Yogi Adityanath, will be developed over 230 acres. It has been awarded to filmmaker Boney Kapoor in partnership with the Bhutani Group through their joint venture, Bayview Bhutani Film City Pvt Ltd. The concessionaire has been granted a 90-year licence to develop and operate the project.
Officials said that although the layout plan for the first phase was approved in June last year, construction had not commenced so far. With the scheduled foundation-laying ceremony, the project is now set to take off on the ground.
The first phase will focus on developing film studios, sound stages and a film institute, aimed at creating a strong ecosystem for film production and training.
A senior official said the authority has deliberately chosen April 24, its silver jubilee foundation day, to formally launch the project, marking both the milestone year and the start of a major infrastructure initiative. “The Film City foundation ceremony will be a key highlight of our 25th foundation day celebrations,” said Rakesh Kumar Singh.
YEIDA is also planning a series of project inaugurations and foundation ceremonies in the coming months, including ground-breaking events for industrial units and key infrastructure works such as link roads in the region.
The Film City project is expected to boost investment, generate employment, and position the Yamuna Expressway belt as a major hub for media, entertainment and allied industries in North India.