Movie Metropolis Bids: Solely One Agency Reveals Curiosity | Noida Information

NOIDA: Just one firm has come ahead for the Movie Metropolis venture close to Noida Worldwide Airport in Jewar. The final date for submission of worldwide tenders of UP CM Yogi Adityanath’s formidable venture ended on June 30 midnight.
Officers mentioned that solely 4 well-known firms from India and overseas had purchased the tender kind priced at Rs 5 lakh. However on Friday, the Yamuna Expressway Authority discovered that just one firm had crammed the tender. The title of the corporate might be revealed solely after the technical bid of the tender is opened on July 4, officers mentioned.
“If the corporate fulfils the factors within the technical bid, its file might be despatched to the state authorities for approval. After this, its monetary bid might be opened. A last choice might be taken by the state authorities subsequently,” mentioned an official.
The 4 firms which had purchased the tender kind had been Fox Studios, a consortium of firms together with Common Studios, infrastructure firm L&T and a Delhi-based firm. Certainly one of these firms has submitted the tender, TOI has learnt.
The Movie Metropolis venture is proposed in Sector 21 on a land parcel of 1,000 acres. The recognized website has a mix of business and industrial use.
The venture might be developed in three phases. Within the first part, studios can be arrange for movie capturing. Apart from studios, retail, residential and business services, together with inns, movie units, an amusement park and a movie institute, may also be arrange.
YEIDA is planning to generate a minimal income of Rs 115 crore yearly by means of the Movie Metropolis venture.

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