UP unfolds 20,000 hectares New Noida plan

Noida
The UP government has directed Noida authority to plan on developing a new Noida area on 20,000 hectares of land with expanded boundaries up to the adjoining district Bulandshahr. Noida authority informed that the move is aimed at creating more opportunities for industries in Noida, where no land is left for setting up industrial clusters. The earmarked area is located between Greater Noida and Bulandshahr and has been notified for development by the UP State Industrial Development Authority (UPSIDA). CEO of Noida Authority, Ritu Maheshwari, said that since the industrial development is almost saturated in Noida, the authority will carry out development on this land once the UP government completes the mandatory formalities. The UP government is likely to finalize the model of development for the new area in the next couple of months and hand over the land to the Noida authority. The government had started the process for developing a new Noida area two months ago but the state government is yet to earmark the exact locations for industrial, residential, mixed land use and commercial spaces.
📅 Published on: 08 January 2021
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