Boney Kapoor won the bid for Noida Film City, a grand film world is being built in 230 acres.

Preparations to build a film city in Greater Noida are now going to begin in full swing under the leadership of film producer Boney Kapoor. Boney Kapoor’s consortium has won the license to operate the film city spread over 230 acres along the Yamuna Expressway, beating actor Akshay Kumar and producer Bhushan Kumar for the construction of Noida Film City. Let us tell you that the tender for the construction of Film City was won by Boney Kapoor’s consortium, Bebu Projects LLP by bidding more than Akshay Kumar and KC Bokadia’s company. Boney Kapoor’s company will sign the concession agreement with Yamuna Expressway Industrial Development Authority (YEIDA) next month.

The Film City is spread over 230 acres along the Yamuna Expressway and now it is clear that this Film City, which comes under the purview of Yamuna Expressway Industrial Development Authority, will be operated by Boney Kapoor’s company for the next 99 years. According to a Times of India report, the Film City will also have a film university, a cinema museum and a helipad, among other facilities. Let us tell you that this film city is located just 6 km away from the upcoming Noida International Airport.

These companies had given their respective presentations in June

Super Cassettes Industries Pvt Ltd (T-Series), Supersonic Technobuild Pvt Ltd (Dinesh Vijan’s Maddock Films, Akshay Kumar’s Cape of Good Films LLP, and others), Bayview Projects LLP (Boney Kapoor, real estate company Bhutani Group and Noida Cyber Park), and 4 Lions Films Pvt Ltd (backed by filmmaker KC Bokadia and others) had given their presentation for the greenfield project to Uttar Pradesh government officials in June.

Maximum revenue sharing offer

This project is being developed on Public Private Partnership (PPP) model. Boney Kapoor-led company ‘Bayview Projects LLB’ emerged as the company that offered the highest revenue share to the state government and thus his/her company was selected as the developer for the greenfield project. Bids for this project were invited on September 30, 2023, with the deadline being January 5, 2024. In June, bids were invited for the third time for the development of Film City, as the previous two attempts had not been successful in attracting investors.

There will be 6 months time to start construction after signing

Bayview Projects LLP will now sign the concession agreement with Yamuna Expressway Industrial Development Authority in June to take possession of the land. They will have six months to start construction after signing the agreement.

Just 6 km from Noida International Airport

Let us tell you that Noida Film City is an international project spread over 1,000 acres of land (230 acres in the first phase) along the Yamuna Expressway, which is one of the favorite projects of Uttar Pradesh Chief Minister Yogi Adityanath. The project is located in Sector 21 of Yamuna Expressway Authority, just 6 km from the coming-up Noida International Airport.

Other facilities like cinema museum, film university and helipad

Out of the 230 acres spread here, 155 acres are reserved only for the film industry, while 75 acres are earmarked for commercial development. The Film City will have other facilities like cinema museum, film university and helipad.