Noida authority to launch 1,200 plots for multiple schemes

19 Sep 2024 CW Team

The Noida Authority has identified approximately 1,200 plots across various categories for multiple schemes that are set to launch soon. It was noted that plots where construction has not commenced within the lease period may face cancellation. A public notice regarding these plots will be published in newspapers prior to any cancellation actions.

During a recent meeting chaired by CEO Lokesh M, the civil department presented a report indicating that 1,190 vacant plots across sectors in work circles 1 to 10 are currently unoccupied. These plots are designated for industrial, residential, commercial, group housing, institutional, and facility purposes, and are classified as either unallocated, allocated but without construction, or cancelled post-allocation due to various issues.

The CEO instructed the relevant asset departments to verify the status of these plots based on the civil department's report and to commence the publication of schemes for the unallocated plots. The Noida Authority aims to allocate 5.5 lakh sq m (135 acres) of land across various categories in the current fiscal year. This includes 3.2 lakh sq m set aside for institutional purposes, 1 lakh sq m for industrial sectors, 67,500 sq m for residential plots, 35,000 sq m for commercial sectors, and 13,800 sq m for group housing projects.

In terms of revenue, the Authority plans to generate Rs 37.95 billion from these allocations. The group housing sector is anticipated to contribute Rs 10.80 billion, followed by Rs 10.10 billion from the commercial sector. The industrial sector is projected to yield Rs 7.05 billion, while residential plots are expected to generate Rs 6.5 billion. Institutional allocations are forecasted to bring in Rs 3.15 billion.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..