+
Upcoming IKEA store in Noida: Construction pending govt approval
Real Estate

Upcoming IKEA store in Noida: Construction pending govt approval

IKEA is awaiting permission from the Noida Authority to commence construction on a 48,000 sq m plot of land in Noida Sector 51. The report cited individuals familiar with the matter who stated that construction at the location is expected to begin within the next few months.

Once the project is completed, the IKEA facility will include a shopping mall, retail stores, residential accommodations, and meeting centres. In order to develop the shopping mall, IKEA is planning to invest approximately Rs 55 billion. The company acquired the land in Noida Sector 51 in February 2021, after the Noida Authority allocated a commercial plot to IKEA on February 9, 2021. For the land, IKEA had paid Rs 8.5 billion to the authority.

IKEA has submitted a map (site plan) for approval to the Noida Authority. The scrutiny of the map is currently underway. They (IKEA) were requested to obtain a no-objection certificate (NOC) from the fire department, and they have received it. The construction work can only commence once the site plan or map is approved by the Authority.

Ingka Centre's spokesperson said, ‘’Delhi NCR is one of our important markets in India. We are thankful to the Government authorities for their continuous support and together working towards launching our IKEA-anchored meeting place for the many people of Noida and Delhi NCR.”

Also read:
50% rebate on stamp duty for integrated township projects
Surge in joint dev. projects as land price soar in Ahmedabad


IKEA is awaiting permission from the Noida Authority to commence construction on a 48,000 sq m plot of land in Noida Sector 51. The report cited individuals familiar with the matter who stated that construction at the location is expected to begin within the next few months. Once the project is completed, the IKEA facility will include a shopping mall, retail stores, residential accommodations, and meeting centres. In order to develop the shopping mall, IKEA is planning to invest approximately Rs 55 billion. The company acquired the land in Noida Sector 51 in February 2021, after the Noida Authority allocated a commercial plot to IKEA on February 9, 2021. For the land, IKEA had paid Rs 8.5 billion to the authority. IKEA has submitted a map (site plan) for approval to the Noida Authority. The scrutiny of the map is currently underway. They (IKEA) were requested to obtain a no-objection certificate (NOC) from the fire department, and they have received it. The construction work can only commence once the site plan or map is approved by the Authority.Ingka Centre's spokesperson said, ‘’Delhi NCR is one of our important markets in India. We are thankful to the Government authorities for their continuous support and together working towards launching our IKEA-anchored meeting place for the many people of Noida and Delhi NCR.” Also read: 50% rebate on stamp duty for integrated township projects Surge in joint dev. projects as land price soar in Ahmedabad

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code