Greater Noida development body launches new industrial plot scheme

While online applications for the scheme can be made on www.niveshmitra.up.nic.in till June 30, allotment will commence from July 1 through both draw of lots and interviews for plots over 4,000 sqm.

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GNIDA

The Greater Noida Authority has launched an industrial plot scheme — some 41 plots ranging from 905 to 4061 sqm in sectors Ecotech 10 and 11.

While online applications for the scheme can be made on www.niveshmitra.up.nic.in till June 30, allotment will commence from July 1 through both draw of lots and interviews for plots over 4,000 sqm. GNIDA expects investments worth Rs 93 crore from these allotments, which comprise a total area of 83,000 sqm.

“We have come out with an industrial plot scheme where 38 plots ranging from 904 to 4,061 sqm will be available in sectors Ecotech 10 and 11 of GNIDA. In addition to these, there are three plots above 4,000 sqm in these two sectors,” said Deep Chandra, additional CEO of the Greater Noida Authority.

While GNIDA is inviting investments under the ‘ease of doing business model’ of the state government, it aims to encourage more international companies to open units in the area. “Many electronics companies from Japan, Korea and Taiwan have shown interest in starting their units in Greater Noida. Therefore, even in Covid times, we have floated the industrial plot scheme to encourage more investments,” said Narendra Bhoohsan, CEO of GNIDA.

Moreover, the Greater Noida Authority will soon introduce new institutional, commercial, information technology, builder and residential group housing schemes, said Bhooshan.