GNIDA launches Rs 800 cr scheme to offer plots to investors

14 Oct 2021 CW Team

The Greater Noida Industrial Development Authority (GNIDA) has commissioned a scheme to allot industrial plots to investors.

A senior official told the media the land allocation would be done through interview or draw in the first week of November based on the applications received till October 31. With these allocations, the Authority is likely to rake in around Rs 800 crore and render job opportunities to about 3,000 people.

Greater Noida CEO Narendra Bhushan told the media that industrial plots would be provided in the Authority’s Ecotech-8, Ecotech-6, Ecotech-One, Ecotech-10, Extension One, Ecotech-11 and 16 sectors. Green category enterprises that are non-polluting can be installed on these plots, varying from 450 sq m to 20 acre.

GNIDA has decided to install eight new industrial sectors to satisfy investors’ demands. To promote this, the process of acquiring about 900 hectares of land has started. In 2020, plots varying from 1,000 sq m to 20 acre were rendered to 48 investors, Bhushan said.

In the last 4.5 years, 391 investors from across the nation and overseas have acquired land under the Greater Noida Authority to establish factories. These projects have attracted investments of around Rs 26,530 crore. These involve Chinese firms like Oppo and Vivo, the Hiranandani Group and Inox Air.

Image Source

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..