Industrial and institutional units to be set up at Greater Noida
Real Estate

Industrial and institutional units to be set up at Greater Noida

The Greater Noida Industrial Development Authority (GNIDA) has given its nod to build industrial and institutional units in the area.

This comes after many plots meant for installing information technology-related units failed to get any takers.

The authority has recognised around 40 leftover plots and aims to bring an allotment scheme for them shortly. As the GNIDA is creating a list of the leftover IT plots, more may be added to the scheme. The land is in the industrial and institutional sectors of Greater Noida, where firms like Wipro and NIT have already installed offices.

About 100 plots had been reserved for IT units and similar services and products. Given the lack of response received for the IT plots, the authority, during its latest board meeting, decided to change the land utilisation pattern for the area. Shortly, the remaining plots would be covered in the industrial and institutional plots scheme, an official from the GNIDA told the media.

The scheme will likely be launched by next month, the official added. If a plot is situated in the industrial sector, then the land usage is considered industrial. If it is in an institutional sector, then the land use pattern is institutional.

Image Source

The Greater Noida Industrial Development Authority (GNIDA) has given its nod to build industrial and institutional units in the area. This comes after many plots meant for installing information technology-related units failed to get any takers. The authority has recognised around 40 leftover plots and aims to bring an allotment scheme for them shortly. As the GNIDA is creating a list of the leftover IT plots, more may be added to the scheme. The land is in the industrial and institutional sectors of Greater Noida, where firms like Wipro and NIT have already installed offices. About 100 plots had been reserved for IT units and similar services and products. Given the lack of response received for the IT plots, the authority, during its latest board meeting, decided to change the land utilisation pattern for the area. Shortly, the remaining plots would be covered in the industrial and institutional plots scheme, an official from the GNIDA told the media. The scheme will likely be launched by next month, the official added. If a plot is situated in the industrial sector, then the land usage is considered industrial. If it is in an institutional sector, then the land use pattern is institutional. Image Source

Next Story
Real Estate

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

Next Story
Equipment

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..

Next Story
Real Estate

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement