YEIDA board approves Taiwan City, Medical Device Park, pharma cluster and a 6% farmer compensation hike

YEIDA’s 92nd board meeting cleared a cluster of major projects in one sitting. Among them: a roughly 300-acre “Taiwan City” in Sector 6, aimed at electronics, semiconductor and hi-tech manufacturing investment from Taiwan (after earlier unsuccessful Japanese, Singapore and Korean-themed industrial-city attempts); a Medical Device Park across about 500 acres in Sectors 13-14 (manufacturing plus testing infrastructure such as EMC, sterilization and packaging validation); a 100-125 acre pharmaceutical cluster in Sector 6; and a roughly 480-acre university township in Sector 14 – alongside a 36-acre mandi, a 50-acre modern industrial zone and an international bus terminal in Sectors 23D/34.

Separately, and arguably the more resonant decision, the board raised farmer land compensation by 6%, from Rs 4,300 to Rs 4,558 per square metre (Rs 4,037/sq m for the developed-plot option). YEIDA’s receipts as of July 31, 2026 stood at Rs 1,853.74 crore, up 90.25% year-on-year – a measure of how much land-monetisation activity is happening in the belt right now.

For buyers and investors, this is a strong signal of the Jewar belt’s industrial and institutional pipeline firming up – jobs and social infrastructure tend to lead housing demand. The compensation hike is a fair, balanced note too: it helps explain why land near the airport keeps getting costlier to acquire, which over time feeds into pricing.

Sources: NCR Khabar (Aug 17, 2026)