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DPR, financial estimates for Noida Film City likely to be ready by March 2021

Tuesday, 29 Dec 2020
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The detailed project report (DPR), including financial estimates, for the upcoming film city near Noida in Uttar Pradesh is likely to be ready by March 2021. 
A consultant was selected on 14 December 2020 for preparing the DPR. Once the report is ready, it will be sent to the state government for approval. 
Property consultant CBRE South Asia has been selected and given three months’ time for completing the detailed project report (DPR) for the Noida Film City. 
Once the DPR is ready, it will be sent to the state's Cabinet ministers through Film Bandhu-- the government's nodal agency for film production-related works, and a decision will be taken on the best plan suitable for the project. 
Financial planning is also part of the study and a strategy will be developed to decide whether the film city will be made on public-private partnership (PPP) mode or other mode. 
The film city along the Yamuna Expressway is planned on an area of 1,000 acre and will be just six km from the upcoming international airport in Jewar and 12 km from the Eastern Peripheral Expressway. 
An e-tender was floated on 29 November 2020 to invite firms to conduct a feasibility study for the project and four companies had applied for the work. 
Chief Minister Yogi Adityanath had on 18 September 2020 directed the Yamuna Expressway Industrial Development Authority (YEIDA) to submit its proposal for establishing a film city to the state government.
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