Four bidders, together with T-Series and firms backed by actor Akshay Kumar and filmmaker Boney Kapoor, have certified for the final spherical of economic analysis as potential builders for the International Film City close to the upcoming Noida Airport, officers stated on Saturday. (Also Read: Akshay Kumar, Tiger Shroff have fun Ram Mandir Pran Pratishtha ceremony on Bade Miyan Chote Miyan set. Watch)
Super Cassettes Industries Private Limited (T-Series), Supersonic Technobuild Private Limited (Maddock Films, Cape of Good Films LLP, and others), Bayview Projects LLP (backed by Boney Kapoor and others) and 4 Lions Films Private Limited (backed by filmmaker Okay C Bokadia and others), on Saturday made their shows for the greenfield venture to the officers of the Uttar Pradesh authorities.
The programme was chaired by UP Industrial and Infrastructure Development Commissioner Manoj Kumar Singh, Principal Secretary and Chairman of Yamuna Expressway Authority Anil Sagar, Director Information Shishir Singh, Yamuna Expressway Authority CEO Arun Vir Singh, and venture’s OSD Shailendra Bhatia.
Akshay Kumar, a part of Supersonic Technobuild, joined the presentation nearly, whereas Boney Kapoor, related to Bayview Projects, amongst others, was current on the Yamuna Expressway Authority workplace in Greater Noida, officers stated.
“All four bidders have qualified on technical grounds and now, the financial bid for the International Film City concessionaire or developer will be opened on January 30 at 2.30 pm,” Bhatia informed PTI.
“The project is being developed on public-private partnership (PPP) model. The company offering the highest revenue share to the state government will be selected as the developer for the greenfield project,” the officer stated.
Bhatia, who can be the Additional CEO of the native Yamuna Expressway Authority, stated after the monetary bid is opened, the proposal of the chosen concessionaire can be despatched to the state authorities for approval. “Once that approval is received, land would be allotted to the concessionaire after due formalities and work for the project’s construction begin,” he added.
The bid for the venture was floated on September 30, 2023, with January 5, 2024 because the deadline. This is the third time that the bid for the event of the Film City has been floated after two earlier makes an attempt failed to draw traders.
A pet venture of Uttar Pradesh Chief Minister Yogi Adityanath, the Film City is envisaged as a global venture spanning over 1,000 acres (230 acres in first section) of land alongside the Yamuna Expressway close to Noida.
The venture is located in Sector 21 of the Yamuna Expressway Authority close to the upcoming Noida International Airport.
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Source web site: www.hindustantimes.com
