Construction of Film City likely to start in January, 2022
Bid documents to be prepared in 3 weeks as DPR gets govt’s approval
The preparations for the construction of the Film City at YEIDA city are in full swing with the approval of the Detailed Project Report (DPR) submitted to the State Government recently by the consultant company CBRE South Asia Private Limited. CBRE now has to get the bid document ready within three weeks, which will be followed by floating of a global tender in this regard in which both domestic and foreign companies will be able to participate, according to Arun Vir Singh, the CEO of YEIDA.
The selection of the company to build the Film City in three phases will be finalised by December 31. There will be a 40-year agreement with the company to construct the Film City. However, it will not be a lease agreement and the company will be given a licence to build the Film City. Spread over an area of 1,000 acres, the sprawling Film City will be constructed at an estimated cost of Rs 6,000 crore. The Film City will be built on PPP (public-private partnership) model in three phases. In the first phase, studios, open areas, amusement parks and villas will be built.
The first Film City of UP will boast of the latest technologies in the cinematic medium, including digital among others and will be called ‘Infotainment City’ also, according to officials.
The DPR was prepared by the CBRE South Asia Private Limited after surveying the world’s famous film cities and keeping in mind the proposal of big filmmakers and the film policy of the State Government. It features the financial model on which the proposed Film City will be built; phase-wise construction cost; arrangement of funds; time limit for construction; maintenance; revenue and employment generation at the film city and how to develop it as a tourist destination.
According to YEIDA officials, in the first phase, 80 percent of the work related to shooting of films will be completed. It will be followed by development of hospitality and other business activities.
The Film City in Gautambudh Nagar will boast of unique features including state-of-the-art digital technologies. It will have 3D studios as well as sets rotating at 360 degrees. There will also be sound recording, editing and animation studios. A film university will also be set up in Film City where students will be able to learn about the latest techniques of film making. The university will also conduct research works on subjects related to films and have a course on making of advertisement films.