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

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