T-Series, Akshay Kumar, and Boney Kapoor advance in Noida film city bid

• A pet project of Uttar Pradesh CM Yogi Adityanath, the Noida Film City is envisaged as an international project spanning over 1,000 acres of land
• Four bidders, including T-Series, Akshay Kumar's backed companies, and Boney Kapoor's venture, qualify for the final round of financial evaluation for the International Film City
• Akshay Kumar participated virtually, while Boney Kapoor and others were physically present during the presentations at the Yamuna Expressway Authority office

In a significant development, four bidders, including major players like T-Series and companies backed by actor Akshay Kumar and filmmaker Boney Kapoor, have successfully qualified for the final round of financial evaluation as potential developers for the much-anticipated International Film City near the upcoming Noida Airport.

The presentations for the greenfield project were made on Saturday by Super Cassettes Industries Private Limited (T-Series), Supersonic Technobuild Private Limited (backed by Akshay Kumar), Bayview Projects LLP (with support from Boney Kapoor), and 4 Lions Films Private Limited. The officials of the Uttar Pradesh government presided over the session, led by UP Industrial and Infrastructure Development Commissioner Manoj Kumar Singh.

Bhatia, who is also the Additional CEO of the local Yamuna Expressway Authority, said after the financial bid is opened, the proposal of the selected concessionaire would be sent to the state government for approval. "Once that approval is received, land would be allotted to the concessionaire after due formalities and work for the project's construction begin," he added.