Filmmaker Boney Kapoor signs deal with YEIDA to construct Filmcity in Noida

Renowned film producer and filmmaker and husband of Bollywood actress late Sridevi, Boney Kapoor has recently in news for signing a concessionaire agreement with the Yamuna Expressway Industrial Development Authority. Boney Kapoor’s company Bayview Projects LLP and consortium partners signed the deal for the development of the International Film City in Sector 21, near the upcoming Noida international airport.

The chief executive officer, YEIDA, Arun Vir Singh mentioned, “We will provide all infrastructure support to the project, including roads, water supply, electricity, public transport, safe environment and other services so that this region can become the most sought after destination for all kinds of film makers, including big screen projects, OTT platform releases or International projects. We hope that this film city project will open new avenues to not only artistes of Uttar Pradesh but the entire country. This project will fulfil the aspirations of the youth in the region,” 

The land was allotted for constructing the state’s second film city followed by the one established in Noida’s Sector 16A.

Boney Kapoor has informed the authority that the construction work will start shortly and they are aiming to complete the first phase of the project within six months. He said that, the wants to shoot few parts of the upcoming film ‘No Entry Mein Entry’ in this new film city.

According to the report, the film city will be the one stop shop for the filmmaker around the world, which offers facilities at nearly half the cost as compared to other studios.

The whole project is planned to be built on 1000acre of land with the first phase covering 230 acres, at a cost of Rs.1,510 crore over eight years. out of the 230 acres of allocated land of Bayview, 75 acres are designated for commercial development, while 155 acres are set aside for the core film industry.

The first phase of construction including the film university and filming facilities is expected to be completed in three years. Kapoor mentioned that, before starting construction, he and officials from Bhutani Infra will visit other film cities in different countries to incorporate the best practices.

While commenting on agreement with YEIDA, Boney Kapoor told “While many film cities have been built in the country, one of them has achieved full success. Having shot several films at Ramoji Film City in Hyderabad and various other studios, including ND Studio in Mumbai, I have firsthand experience of what works and what doesn’t. I am committed to making this venture a success.”

He also metioned that, they will keep the service charges competitive so that, the filmmakers from Mumbai, Chennai, or abroad, find it advantageous to work here.

The CEO of Bhutani Group Ashish Bhutani, mentioned, “The project will incorporate cutting-edge technology, premier studios, shopping centres, and tourist attractions, setting a new global benchmark. The Noida international airport will be a major draw, catering to the transportation needs of actors, production units, and international filmmakers.”