Greater Noida Authority accelerates land acquisition for industries
Real Estate

Greater Noida Authority accelerates land acquisition for industries

The Greater Noida Authority is gearing up to enhance its efforts in consolidating land banks, facing challenges in acquiring land from protesting farmers. Currently, the Authority has successfully acquired 57% of the total 2,222 acres designated for eight new industrial sectors. Despite having a land bank of 645 acres ready for allocation to over 340 allottees, officials revealed that in the past six months, 56 acres have been freed, with some portions allotted for new residential schemes. Additionally, 42 acres were purchased in the last year.

The industrial sectors, located in Ecotech 7, 8, 9, 12A, 16, 19, 19A, and 21 sectors, involve land acquisition from 20 villages. Ecotech 12A is the largest sector at 472 acres, followed by Ecotech 9 (420 acres), Ecotech 8 (398 acres), and Ecotech 7 (269 acres). The remaining sectors range from 100 to 200 acres, with official data indicating that 1,272 hectares out of the total 2,222 acres have been procured.

A senior official highlighted ongoing discussions with farmers to ensure the acquisition of remaining lands with their consent, emphasising the goal of making sufficient land available for companies that have signed Memoranda of Understanding (MOUs) with the Authority and are eager to establish factories.

Furthermore, the Gati Shakti scheme has allocated Rs 2.31 billion for the development of two industrial sectors, Ecotech 8 and 9, with a total development cost of approximately Rs 13.5 billion. Additionally, Rs 1.604 billion has been sanctioned for the development of the existing Ecotech 10.

Presently, the Greater Noida Industrial Development Authority (GNIDA) has 645 acres available, divided into 344 plots across various categories, including industrial, commercial, institutional, IT/ITES, group housing, and residential. Official data indicates that 155 acres are available for the industry category, with room for 80 companies to be allotted land in this sector.

The Greater Noida Authority is gearing up to enhance its efforts in consolidating land banks, facing challenges in acquiring land from protesting farmers. Currently, the Authority has successfully acquired 57% of the total 2,222 acres designated for eight new industrial sectors. Despite having a land bank of 645 acres ready for allocation to over 340 allottees, officials revealed that in the past six months, 56 acres have been freed, with some portions allotted for new residential schemes. Additionally, 42 acres were purchased in the last year. The industrial sectors, located in Ecotech 7, 8, 9, 12A, 16, 19, 19A, and 21 sectors, involve land acquisition from 20 villages. Ecotech 12A is the largest sector at 472 acres, followed by Ecotech 9 (420 acres), Ecotech 8 (398 acres), and Ecotech 7 (269 acres). The remaining sectors range from 100 to 200 acres, with official data indicating that 1,272 hectares out of the total 2,222 acres have been procured. A senior official highlighted ongoing discussions with farmers to ensure the acquisition of remaining lands with their consent, emphasising the goal of making sufficient land available for companies that have signed Memoranda of Understanding (MOUs) with the Authority and are eager to establish factories. Furthermore, the Gati Shakti scheme has allocated Rs 2.31 billion for the development of two industrial sectors, Ecotech 8 and 9, with a total development cost of approximately Rs 13.5 billion. Additionally, Rs 1.604 billion has been sanctioned for the development of the existing Ecotech 10. Presently, the Greater Noida Industrial Development Authority (GNIDA) has 645 acres available, divided into 344 plots across various categories, including industrial, commercial, institutional, IT/ITES, group housing, and residential. Official data indicates that 155 acres are available for the industry category, with room for 80 companies to be allotted land in this sector.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement