Noida Authority Launches Allotment Scheme for 35 Plots Across Various Categories
Noida authority unveils scheme for 35 plots
Image: Hindustan Times
The Noida Authority has introduced a scheme for the allotment of 35 plots across industrial, institutional, commercial, and hotel categories, with prices ranging from ₹65 lakh to ₹758 crore. The scheme will start on May 19, with the final submission date for applications set for June 11.
- 01The scheme includes 19 industrial plots for manufacturing and processing units, priced between ₹65 lakh and ₹18 crore.
- 02Institutional plots for schools and hospitals will be allotted through an interview process, with specific plots priced at ₹143 crore and ₹70 crore respectively.
- 03Commercial plots include a high-value 29,408 sqm plot in Sector 18 with a reserve price of ₹758 crore.
- 04The Authority has also designated three plots for hotels, with prices ranging from ₹148 crore to ₹245 crore.
- 05Earnest Money Deposit (EMD) for the plots must be submitted by June 9, with the final application deadline on June 11.
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The Noida Authority has announced a new scheme for the allotment of 35 plots in various categories, including industrial, institutional, commercial, and hotel sectors. This initiative aims to enhance the infrastructure and service offerings in Noida, Uttar Pradesh, India. The scheme will commence on May 19, with a range of plot prices from ₹65 lakh (approximately $78,000 USD) to ₹758 crore (approximately $91 million USD). Among the 19 industrial plots, sizes will vary from 115 sqm to 8,000 sqm, located in sectors such as 3, 6, 7, 9, 10, 64, 80, 162, and Phase-II. The institutional category includes plots for schools and hospitals, with significant prices like ₹143 crore for a school plot in Sector 19 and ₹70 crore for a hospital plot in Sector 117. Commercial plots are also available, featuring a notable 29,408 sqm plot in Sector 18 priced at ₹758 crore. Interested parties must submit their Earnest Money Deposit by June 9, with final applications due by June 11.
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This scheme is expected to stimulate local economic growth by attracting businesses and enhancing infrastructure in Noida.
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