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Real Estate Transactions

Yamuna Authority approves 100-acres for data centre park near upcoming airport

Economic Times  

The Yamuna Expressway Industrial Development Authority (Yeida) has approved a data centre park across a 100-acre land parcel near the upcoming Jewar airport, with an aim to attract domestic and foreign investors. The state government aims to attract investment to the tune of INR 20,000 crore and establish three data centre parks, the first of which has already been approved by Yeida. The local authorities—Noida, Greater Noida and the Yamuna Expressway Authority—that hold land banks near the upcoming airport have recently adopted the Uttar Pradesh government's data centre policy. Hiranandani Group's Yotta Infrastructure, NTT Ltd, STT Global Data Centres India and AdaniEnterprises are among the companies that have been allotted land for data centres in the region.