GREATER NOIDA, June 7 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said it has acquired at least 5,200 acres of land in the last five years to develop projects, which will receive a boost due to their proximity to the Noida International Airport which is set to begin operations shortly.

Yeida said it is preparing a land bank for the development of four new sectors - 4A, 5, 5A, and 11. These areas will include residential, industrial, and institutional projects, along with special zones such as the Japanese City, Korean City, and Fintech City. The authority plans to buy 5,000 acres more land directly from 2,000 farmers.

"We are talking to farmers and taking land from those willing to sell it. We have bought...