Noida, Greater Noida, YEIDA restart unified land allocation policy
Real Estate

Noida, Greater Noida, YEIDA restart unified land allocation policy

After more than 14 years, the three development authorities of Gautam Budh Nagar—Noida, Greater Noida, and Yamuna Expressway—resumed work on a unified policy for land allocations across various categories, including industrial, group housing, and commercial. The initiative, originally launched in 2010, aimed to streamline eligibility criteria, lease terms, rent structures, and procedural formalities across the authorities.

Discussions on unifying the policies resumed last month during a board meeting of the Greater Noida Authority, which was chaired by Chief Secretary Manoj Kumar Singh. During the meeting, a document titled "Unification of policies of Noida, G Noida & YEIDA" was presented to him.

An official stated that if adopted, the proposal would establish a standardized regulatory framework for industrial land allocations, ensuring a more consistent and transparent process for businesses and investors. The need for a unified approach was recognized over 15 years ago, as the three authorities struggled to maintain clear and consistent policies for industrial land allotments. Over the years, the allotment criteria had changed several times—from objective-based criteria to interviews and, later, e-tenders. Eventually, the authorities settled on objective-based criteria.

However, the on-going changes led to industrial land allotments being suspended for nearly 10 months. Industries Minister Nand Gopal Gupta (Nandi) raised objections to the authorities' plan to adopt objective criteria without formal approval from the Chief Minister.

In 2010, the Greater Noida Authority had hired Sarc & Associates, a chartered accountancy firm, to draft a standardized approach for land allotments. This decision came after concerns were raised that the varied policies were causing inconsistencies, operational inefficiencies, and confusion among businesses and investors. A formal contract was signed with Sarc in October 2010. While the agency began work on the project, it was unable to complete it due to logistical reasons.

After more than 14 years, the three development authorities of Gautam Budh Nagar—Noida, Greater Noida, and Yamuna Expressway—resumed work on a unified policy for land allocations across various categories, including industrial, group housing, and commercial. The initiative, originally launched in 2010, aimed to streamline eligibility criteria, lease terms, rent structures, and procedural formalities across the authorities. Discussions on unifying the policies resumed last month during a board meeting of the Greater Noida Authority, which was chaired by Chief Secretary Manoj Kumar Singh. During the meeting, a document titled Unification of policies of Noida, G Noida & YEIDA was presented to him. An official stated that if adopted, the proposal would establish a standardized regulatory framework for industrial land allocations, ensuring a more consistent and transparent process for businesses and investors. The need for a unified approach was recognized over 15 years ago, as the three authorities struggled to maintain clear and consistent policies for industrial land allotments. Over the years, the allotment criteria had changed several times—from objective-based criteria to interviews and, later, e-tenders. Eventually, the authorities settled on objective-based criteria. However, the on-going changes led to industrial land allotments being suspended for nearly 10 months. Industries Minister Nand Gopal Gupta (Nandi) raised objections to the authorities' plan to adopt objective criteria without formal approval from the Chief Minister. In 2010, the Greater Noida Authority had hired Sarc & Associates, a chartered accountancy firm, to draft a standardized approach for land allotments. This decision came after concerns were raised that the varied policies were causing inconsistencies, operational inefficiencies, and confusion among businesses and investors. A formal contract was signed with Sarc in October 2010. While the agency began work on the project, it was unable to complete it due to logistical reasons.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement