Bayview Projects LLP, supported by filmmaker Boney Kapoor and Bhutani Group, successfully won the contract to build the International Film City in the Yamuna region near Noida. This upcoming project, situated on a vast 230-acre site in Sector 21 of the Yamuna Authority area, gained traction as Bayview Projects outbid three other competitors.
According to a concise statement from YEIDA, “M/s Bayview Projects LLP (Boney Kapoor and Bhutani Group) will be entrusted with the development of the International Film City in the Yamuna Expressway area, having secured the highest bid for the Film City.”
Bayview Projects Secures International Film City Project in Noida
Bayview Projects, supported by filmmaker Boney Kapoor and Bhutani Infra, successfully secured the rights to develop the International Film City near Noida, Uttar Pradesh, according to officials who made the announcement on Tuesday. The company outbid others by offering the highest revenue share to the state government, winning the greenfield project. This initiative is a public-private partnership (PPP) model.
Expressing his gratitude on social media platform X, Kapoor stated, “Bayview Projects and Bhutani Infra are thrilled to have been chosen for developing the International Film Studios in Noida, UP. We are committed to realizing the vision of Hon’ble CM @myogiadityanath and transforming this Studio into a global hub for filmmakers worldwide.”
He went on to mention the studio’s comprehensive facilities, not only for filming but also for post-production. Kapoor emphasized the goal of enabling producers to enter the studio with a script and leave with the final film. The project aligns with the vision of Hon’ble @narendramodi’s #MakeinIndia initiative. #InternationalFilmCityAtNoida.
Initiated by the Yamuna Expressway Industrial Development Authority, the International Film City project attracted bids from notable companies like M/s. Supersonic Technobuild Private Limited, M/s. Super Cassettes Industries Private Limited (T-Series), and 04 Lions Films Private Limited. However, through a competitive bid process, Bayview Projects LLP emerged as the deserving recipient of this opportunity.
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Who Will Develop the International Film City Near Noida Airport?
Four potential developers, including T-Series, companies supported by superstar Akshay Kumar, and filmmaker Boney Kapoor, have advanced to the final round of financial evaluation for the International Film City near the upcoming Noida Airport.
T-Series (Super Cassettes Industries Private Limited), Maddock Films, Cape of Good Films LLP, and others (Supersonic Technobuild Private Limited), Bayview Projects LLP (backed by Boney Kapoor and others), and 4 Lions Films Private Limited (supported by filmmaker K C Bokadia and others) made their presentations to Uttar Pradesh government officials on Saturday.
The meeting, led by UP Industrial and Infrastructure Development Commissioner Manoj Kumar Singh, Principal Secretary Anil Sagar, Director Information Shishir Singh, Yamuna Expressway Authority CEO Arun Vir Singh, and project’s OSD Shailendra Bhatia, aimed to evaluate the potential developers.
Bhatia, also the Additional CEO of the local Yamuna Expressway Authority, mentioned that after opening the financial bids, the selected concessionaire’s proposal would be sent to the state government for approval.
The project’s bid was initiated on September 30, 2023, with a deadline of January 5, 2024. This marks the third attempt to attract investors for the development of the Film City after two previous rounds failed.
A project close to Uttar Pradesh Chief Minister Yogi Adityanath’s heart, the Film City envisions an international complex spanning 1,000 acres (with the first phase covering 230 acres) along the Yamuna Expressway near Noida. Sector 21 of the Yamuna Expressway Authority hosts the project, strategically located near the upcoming Noida International Airport.
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Bayview Projects FAQs
Q.1. Who won the bid to build the International Film City near Noida?
Ans. Bayview Projects LLP, with support from filmmaker Boney Kapoor and collaboration with the Bhutani Group, successfully secured the contract to construct the International Film City in the Yamuna region near Noida.
Q.2. What is the size and location of the International Film City project?
Ans. The project covers a vast 230-acre site in Sector 21 of the Yamuna Authority area, near the upcoming Noida International Airport.
Q.3. How did Bayview Projects LLP stand out in the competitive bid process?
Ans. Bayview Projects LLP outbid three other competitors by offering the highest revenue share to the state government, winning the greenfield project through a public-private partnership (PPP) model.
Q.4. What other companies were in contention for the International Film City project?
Ans. The final round of financial evaluation included T-Series, Maddock Films, Cape of Good Films LLP, Supersonic Technobuild Private Limited, and 4 Lions Films Private Limited, among others.
Q.5. When was the bidding process initiated, and what is the vision behind the Film City project?
Ans. The bidding process for the project started on September 30, 2023, with a deadline of January 5, 2024. The Film City, close to Uttar Pradesh Chief Minister Yogi Adityanath’s vision, aims to be an international complex spanning 1,000 acres, with the first phase covering 230 acres along the Yamuna Expressway near Noida.
