Board Decision
YEIDA's 92nd Board Meeting: Taiwan City, Medical Hub and University Township Approved (August 17, 2026)
On August 17, 2026, the YEIDA board meeting in Greater Noida approved land reservations for a cluster of large institutional and industrial projects around the Jewar-Noida International Airport, including a 300-acre 'Taiwan City', a 500-acre medical hub and a 480-acre university township, alongside a revised farmer land-purchase rate.

| Deciding body | YEIDA Board of Directors, 92nd Board Meeting |
|---|---|
| Date & venue | August 17, 2026 (Monday), Greater Noida |
| Taiwan City | 300 acres reserved in Sector 6, for electronics/tech manufacturing investment |
| Medical hub | 500 acres on institutional land in Sectors 13 and 14 |
| University township | 480 acres in Sector 14 |
| Pharma manufacturing cluster | 100–125 acres in Sector 6 |
| Modern mandi | 36 acres in Sector 34 |
| International stadium | ~50 acres, reported as Sector 23D (one report says 23B) |
| Farmer land rate (mutual consent) | Raised from ₹4,300/sqm to ₹4,558/sqm (6% hike), or ₹4,037/sqm plus 7% abadi plot |
What was decided
The Yamuna Expressway Industrial Development Authority (YEIDA) board — governing the region also referred to as Yamuna City or the YEIDA New City — met for its 92nd Board Meeting on August 17, 2026 in Greater Noida. The Yamuna Expressway Industrial Development Authority (YEIDA) on Monday took several important proposals related to industrial development, medical education, pharmaceuticals, medical devices, transportation, sports and farmers at its 92nd Board meeting in Greater Noida, according to a statement. The decisions will accelerate the development of the Jewar-Noida Airport region as an integrated industrial and institutional hub.
This was a land-reservation and in-principle approval decision — it earmarks specific sectors and acreages for named uses and revises a farmer compensation rate. It is not a construction start, tender award, or RERA registration; those steps, where applicable, would follow in later board or executive actions.
Taiwan City — Sector 6, 300 acres
YEIDA has approved the reservation of 300 acres in Sector 6 for Taiwan City. The project is aimed at attracting Taiwan-based companies and investment in electronics, technology and manufacturing. The development is expected to create a dedicated ecosystem for Taiwanese investment and manufacturing in the Yamuna City region.
Medical hub, university township and pharma cluster
One of the most significant decisions taken at the meeting was the establishment of a medical hub on 500 acres of institutional land-use area in Sectors 13 and 14, expected to expand regional healthcare infrastructure.
YEIDA has also approved plans for a 480-acre university township in Sector 14. The development is expected to create new opportunities in higher education while supporting employment in education and allied services.
Adjacent to Taiwan City, another major proposal involves reserving 100 to 125 acres in Sector 6 for a dedicated Pharmaceutical Formulation Manufacturing Cluster. The cluster is planned for companies manufacturing medicines in line with national and international Good Manufacturing Practice standards. It could include manufacturing units for tablets, capsules, injectables, oral liquids, topical preparations and other finished dosage forms.
Mandi, stadium and bus terminal
Around 36 acres in Sector 34 have been identified to establish a mandi with modern facilities, intended to improve facilities related to the marketing, storage and trade of agricultural produce, and provide farmers in the region with a more organised market system.
Coverage of the stadium's exact sector varies: several reports place a modern international stadium spread across approximately 50 acres in Sector 23-D, while at least one outlet lists it under Sector 23B; readers should treat the sector number as provisional pending an official YEIDA notification.
Separately, in view of the rapidly growing transportation requirements around Noida International Airport in Jewar, a decision has been taken to identify land for establishing an interstate bus terminal in Sector 23C, which will provide better public transport connectivity to passengers travelling to and from the airport, entrepreneurs and the general public. The board separately approved raising the city bus fleet, with a proposal to increase the number of city buses from the existing 100 to 500 in the coming days.
Revised farmer land-purchase rate
In view of rapid industrial and infrastructure development in the region, the Board approved a proposal to revise land purchase rates from farmers through mutual consent. The existing rate for purchasing land through mutual consent for planned development in Gautam Buddha Nagar and Bulandshahr districts under Phase-1 of the Authority has been increased from Rs 4,300 per square metre to Rs 4,558 per square metre. Alternatively, land can be purchased at Rs 4,037 per square metre along with a 7 per cent abadi plot.
Other approvals at the same meeting
The board also cleared items unrelated to the new-city cluster but part of the same agenda: a proposal to establish a medical device testing facility at YEIDA's Medical Device Park in accordance with the US FDA's Accreditation Scheme for Conformity Assessment, with a Technical Expert Committee to examine the technical, financial and institutional aspects of the project. A civil-works item was also cleared: the construction of a culvert (minor bridge) over the Karban River on the service road at Chainage 161.21 of the Yamuna Expressway in Agra, within the YEIDA area.
Financial backdrop
The meeting also reviewed YEIDA's revenue performance. In the financial year 2025-26, receipts up to 31 July stood at Rs 974.37 crore, while in 2026-27 the same figure rose to Rs 1,853.74 crore — an increase of 90.25 per cent. Under the industrial/mixed land scheme, state receipts totalled Rs 1,195.99 crore. Expenditure also increased to Rs 3,690.64 crore.
Practical effect
For now, these are board-level approvals of land reservation and rate revision, not completed developments. No RERA registrations, plot-scheme brochures, or construction timelines for Taiwan City, the medical hub, university township, mandi, stadium or bus terminal were reported as of the meeting date. The immediate operative effect is on farmers: the revised mutual-consent rate of ₹4,558/sqm (or ₹4,037/sqm plus 7% abadi plot) applies to land acquisition in Gautam Buddh Nagar and Bulandshahr under Phase-1. For investors and prospective allottees, the practical takeaway is that these sectors (6, 13, 14, 23C, 23D/23B and 34) are now formally earmarked for specific uses, which typically precedes detailed planning, tendering and eventual plot or lease schemes — but each of those subsequent steps still needs its own notification.
Frequently asked questions
Has land for Taiwan City actually been acquired yet?
As of the August 17, 2026 board meeting, YEIDA has only reserved 300 acres in Sector 6 for the project and revised its farmer land-purchase rate; no separate announcement of completed acquisition for Taiwan City specifically was reported.
Is the medical hub a hospital or a medical college?
Reports use both terms. Most outlets describe it as a 500-acre medical hub on institutional land in Sectors 13 and 14, while the Daily Pioneer's account of the same meeting describes it as a medical college on the same acreage and sectors — the underlying board item appears to be the same 500-acre institutional-land approval.
Which sector is the new international stadium in — 23B or 23D?
Coverage is split: most outlets (Millennium Post, News24, Whalesbook) report Sector 23D for the roughly 50-acre stadium, while the Daily Pioneer reports Sector 23B. An official YEIDA notification would be needed to confirm the exact sector.
What is the new land rate YEIDA will pay farmers?
The board raised the mutual-consent purchase rate in Gautam Buddh Nagar and Bulandshahr (Phase-1) from ₹4,300 per square metre to ₹4,558 per square metre, a 6% increase, with an alternative option of ₹4,037 per square metre plus a 7% abadi (residential) plot.
Does this decision include a timeline for when these projects will be operational?
No specific completion dates were reported for Taiwan City, the medical hub, university township, mandi, stadium or bus terminal in coverage of the 92nd board meeting; these remain land reservations and in-principle approvals at this stage.
What else did the same board meeting approve?
Beyond the new-city cluster, the board approved a medical device testing facility at YEIDA's existing Medical Device Park aligned with US FDA conformity-assessment standards, a culvert over the Karban River on the Yamuna Expressway service road in Agra, and an increase in city bus fleet size from 100 to 500 buses.
Sources
- Taiwan City, International Stadium and Modern Mandi: Major Projects Approved Near Noida Jewar Airport — DNP India
- Delhi-NCR to soon get modern mandi, Taiwan City coming up in Noida, medical hub and university township also planned — News24
- YEIDA plans medical hub, university township, Taiwan City; move to create new investment avenues — ThePrint (PTI)
- YEIDA board meeting: Revenues surge 90% as projects gain pace — Daily Pioneer
- YEIDA Clears 500-Acre Medical Hub, Taiwan City Near Jewar Airport — Whalesbook
- YEIDA approves interstate bus terminal near Noida Airport, plans 500 city buses — Millennium Post
- Planning to buy a home near Jewar Airport? These new projects could change the area's future — Business Today