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Exclusive: Noida Film City expected to have a five-fold impact on real estate prices in the region, says YEIDA CEO Adityanath had on September 18 directed YEIDA to submit its proposal for establishing a film city to the state government. Yogi Adityanath Noida Film City, a flagship project of the UP government, is expected to lead to a five-fold rise in real estate prices in the region, according to Arun Vir Singh, CEO of the Yamuna Expressway Industrial Development Authority (YEIDA). There are massive opportunities associated with the film industry, not to mention the investment potential. It is expected to lead to five times growth in real estate values – the Rs 5,000 crore investment is expected to generate benefits worth Rs 25,000 crore,” Singh told Moneycontrol, a day after YEIDA announced that Fortune 500 company CBRE would prepare the blueprint for the film city.

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