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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..