Consultant asked to prepare New Noida master plan by Aug 31
ECONOMY & POLICY

Consultant asked to prepare New Noida master plan by Aug 31

After several presentations, the Noida Authority has given the project consultant time will August 31 to present a master plan for the development of New Noida, or the Dadri-Noida-Ghaziabad Investment Region (DNGIR).

Officials said that the authority representatives, in a meeting recently, had raised several queries about land pooling and the plan to connect the area with the Noida International Airport, apart from several other upcoming projects in Greater Noida.

DNGIR is being developed as a satellite city to be set up over 20,000 hectares by combining 80 villages — 20 in Gautam Budh Nagar and 60 in Bulandshahr. Under the scheme, 25% of the land being pooled will be allotted to the landowner. About 80% of the developed land will be for industrial use, which should be at least 450sqm. The landowner will get Rs 5,000 per acre per month as compensation for five years or till the time the plot is developed.

After several presentations, the Noida Authority has given the project consultant time will August 31 to present a master plan for the development of New Noida, or the Dadri-Noida-Ghaziabad Investment Region (DNGIR). Officials said that the authority representatives, in a meeting recently, had raised several queries about land pooling and the plan to connect the area with the Noida International Airport, apart from several other upcoming projects in Greater Noida. DNGIR is being developed as a satellite city to be set up over 20,000 hectares by combining 80 villages — 20 in Gautam Budh Nagar and 60 in Bulandshahr. Under the scheme, 25% of the land being pooled will be allotted to the landowner. About 80% of the developed land will be for industrial use, which should be at least 450sqm. The landowner will get Rs 5,000 per acre per month as compensation for five years or till the time the plot is developed.

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 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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement