Greater Noida Authority Unveils Scheme for 24 Industrial Plots to Boost Investment
Greater Noida authority launches scheme 24 industrial plots
Hindustan Times
Image: Hindustan Times
The Greater Noida Authority has launched a scheme offering 24 industrial plots across various sectors to attract investment and enhance industrial growth. The plots, ranging from 9,000 to 100,000 square meters, aim to bolster the region's manufacturing capabilities, particularly near the upcoming Noida International Airport.
- 01Scheme launched with 24 industrial plots to attract investment.
- 02Plots range from 9,000 to 100,000 square meters in size.
- 03Registration fee set at 10% of the plot's premium value.
- 04Priority given to start-ups, women entrepreneurs, and SC/ST applicants.
- 05Application deadline is May 12.
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The Greater Noida Authority has introduced a new industrial plot scheme designed to stimulate investment and promote industrial development in the region. This initiative offers 24 plots across sectors such as agro and food processing, electronics manufacturing, and renewable energy. The plots vary in size from approximately 9,000 square meters to 100,000 square meters, with the largest plot in Ecotech-06 valued at around ₹350 crore (approximately $42 million USD). Interested applicants must pay a registration fee of 10% of the premium value, which is based on the current industrial land rate of ₹35,000 per square meter. The scheme prioritizes applicants based on financial strength, net worth, and potential for job creation, with additional consideration for start-ups and women entrepreneurs. Applications can be submitted online through the Nivesh Mitra portal, with a deadline set for May 12. This scheme aims to enhance Greater Noida's appeal as a manufacturing and logistics hub, especially in light of its proximity to the Noida International Airport.
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This scheme is expected to create job opportunities and enhance the industrial ecosystem in Greater Noida, making it a more attractive location for businesses.
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