Ghaziabad Development Authority Approves Cricket Stadium and Aerocity Township Projects
GDA board okays joint-venture for Int’l cricket stadium, land procurement for Aerocity-themed township
Hindustan Times
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The Ghaziabad Development Authority (GDA) has approved a ₹2,813-crore land acquisition for an Aerocity-themed township and a joint venture with the Uttar Pradesh Cricket Association to develop an International Cricket Stadium near Raj Nagar Extension. The stadium is expected to cost ₹600-650 crore and seat 35,000 spectators.
- 01GDA approved a ₹2,813-crore land acquisition for Aerocity-themed township.
- 02A joint venture with the Uttar Pradesh Cricket Association for the International Cricket Stadium was established.
- 03The stadium will cover 34.42 acres and is expected to cost ₹600-650 crore.
- 04Construction of the stadium will take approximately three years.
- 05Land procurement will involve a mix of land pooling and direct purchase.
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The Ghaziabad Development Authority (GDA) has taken significant steps towards enhancing local infrastructure by approving a ₹2,813-crore land acquisition for an Aerocity-themed township and a joint venture with the Uttar Pradesh Cricket Association (UPCA) for the development of an International Cricket Stadium (ICS) near Raj Nagar Extension. The stadium, which will occupy 34.42 acres, is projected to cost between ₹600-650 crore and will have a seating capacity of 35,000. Construction is expected to commence following the signing of a Memorandum of Understanding (MoU) between GDA and UPCA, with completion anticipated in three years. The township will feature mixed land use, including luxury hotels, dining, and retail spaces, benefiting both stadium visitors and surrounding areas. This initiative aligns with directives from Uttar Pradesh Chief Minister Yogi Adityanath to expedite the stadium's construction, emphasizing the project's importance to the region.
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The development of the cricket stadium and township will create jobs and enhance local amenities, attracting visitors and boosting the local economy.
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