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More Than 1,000 Private Schools Have Been Listed For Sale,Due To COVID-19 Lockdown

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More Than 1,000 Private Schools Have Been Listed For Sale,Due To COVID-19 Lockdown

The Covid-19 pandemic spread by Corona virus infection has had a fatal impact on the education sector in India. More than 1,000 schools from KG to Class 12th are ready for sale across the country.

In the next two to three years, about Rs 7,500 crore can be raised by selling them.
The data collected by Crestra Ventures, a leading company in the education infrastructure sector, shows that most of the schools for sale have annual fees of Rs 50,000. Accordingly, about 80% of the students in India study in schools with the same fee slabs.

Vishal Goel, partner at Serestra, said, “Many state governments have fixed the fees collection fees while teachers are getting salary and other expenses. Due to this, the financial condition of private schools has worsened. He said that a large school chain had to reduce the salary of its staff by 70%.

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In such a situation, the question arises whether the sale of schools will increase the cost of education? Rajan says, ‘I don’t think so. Starting a school twice may incur additional costs, but everyone working in this sector is sensitive to students. I don’t think the fee structure will cross a threshold.

Tap To Explore More : Times Of India

Also Read : Pubg Will Be Back In India Soon, Planning To Partnership With Jio

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Construction Infrastructure

Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

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Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

The Greater Noida authority is set to issue a tender to finalise a contractor to build a 1.5km stretch of a key road connecting LG Chowk to the education hub in sector Knowledge Park 3. The private firm owning the land has agreed to give it away for the road project after 15 years of negotiations. The authority will build a central verge, drainage network, horticulture.

work to beautify the road, which has witnessed frequent road accidents due to its half-built state. The authority will issue a tender to finalise a contractor, approving a budget of ₹31 crore for the project. The road is expected to take six months to build, as the current road is half-built from the education hub to LG Chowk and the other half is not built due to land issues.

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Greater Noida is set to build a bridge across the Hindon river, connecting the education hub road to Noida’s busy areas. The work has been expedited after resolving a land dispute, as the road will witness heavy traffic once the bridge is ready. The authority will build a central verge, drainage network, and horticulture work to beautify the road, which has experienced frequent.

Road accidents due to its half-built nature. Once the bridge is completed, commuters will travel through the road with ease and reach Noida from Greater Noida in five minutes. The bridge and road stretch will alleviate the need for commuters heading towards LG Chowk and Surajpur to traverse the Noida-Greater Noida Expressway up to Pari Chowk, reducing travel.

Distance by at least 10 kms and easing congestion around Pari Chowk The Greater Noida Authority has resolved a longstanding land acquisition issue, paving the way for the construction of a crucial 1.5 km road linking LG Chowk to Knowledge Park 3. This development is expected to significantly alleviate traffic congestion at Pari Chowk.

  • Project Overview: The proposed six-lane road will feature three lanes in each direction, service roads, a central verge, and a comprehensive drainage system. These enhancements aim to improve traffic flow The road is being connected with Noida’s sectors 144, 145, and 146 through a new and do bridge being built across Hindon and enhance connectivity between key educational hubs in the region and reduce waterlogging during the monsoon season.
  • Land Acquisition Resolution: The land, previously owned by Super Cassettes Industries Ltd (T-Series), was a major bottleneck for the project. After extensive negotiations, the company has agreed to provide the necessary land for the road construction. Under the agreement, T-Series will retain 40% of the undeveloped land against external development fees, while the Greater Noida Authority will acquire.
  • Impact on Commuters: The new road is anticipated to benefit approximately 5 lakh people, providing a smoother and more efficient route between Knowledge Park 3 and LG Chowk. This will not only ease daily commutes but also support the region’s growing educational and commercial sectors This initiative reflects the Greater Noida Authority’s commitment to enhancing urban infrastructure.
  • A major hurdle has been cleared for the construction of a crucial 1.5 km road linking Knowledge Park 3 with LG Chowk in Greater Noida. The road aims to ease traffic congestion connectivity in the region, particularly benefiting the educational hubs.
  • The road project, designed to be a six-lane road with three lanes in each direction, will feature service roads, a central verge, and an efficient drainage system. These improvements are expected to enhance traffic flow and reduce waterlogging during the monsoon season, contributing to smoother commutes for the local population.
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