Greater Noida Authority Raises Land Allocation Rates

17 Jun 2024 CW Team

This hike in land allocation rates is strategic, aiming to bolster revenue streams for the Greater Noida Authority while also catering to the burgeoning demand for real estate in the region. The revised rates will apply to various categories of land, including residential, commercial, industrial, and institutional plots, contributing to the overall economic ecosystem of Greater Noida.

Developers and investors operating in Greater Noida will need to recalibrate their financial projections and strategies in response to this rate hike. It may impact project timelines, pricing structures, and feasibility analyses, necessitating a thorough reassessment of market dynamics and consumer preferences.

Key stakeholders in the real estate sector are closely monitoring these developments, gauging the potential implications on property valuations, market competitiveness, and investor sentiment. The Greater Noida Authority's decision underscores the region's evolving investment landscape, with implications for both ongoing and upcoming real estate projects.

The rate hike is also indicative of Greater Noida's continued focus on sustainable urban development, infrastructure enhancement, and economic growth. It reflects a proactive approach by local authorities to adapt to changing market conditions and support the long-term viability of real estate investments in the region.

In conclusion, the Greater Noida Authority's decision to increase land allocation rates for FY25 carries significant implications for the real estate sector, signaling adjustments in pricing dynamics, investment strategies, and market competitiveness.

The Greater Noida Authority, in a move to enhance land allocation rates, has raised prices by 5-30% for the fiscal year 2025. This decision is expected to significantly influence real estate projects and investments in Greater Noida, impacting developers, investors, and homebuyers alike. The increased rates come amidst evolving market dynamics and reflect the Authority's efforts to align with economic realities and infrastructure development needs. This hike in land allocation rates is strategic, aiming to bolster revenue streams for the Greater Noida Authority while also catering to the burgeoning demand for real estate in the region. The revised rates will apply to various categories of land, including residential, commercial, industrial, and institutional plots, contributing to the overall economic ecosystem of Greater Noida. Developers and investors operating in Greater Noida will need to recalibrate their financial projections and strategies in response to this rate hike. It may impact project timelines, pricing structures, and feasibility analyses, necessitating a thorough reassessment of market dynamics and consumer preferences. Key stakeholders in the real estate sector are closely monitoring these developments, gauging the potential implications on property valuations, market competitiveness, and investor sentiment. The Greater Noida Authority's decision underscores the region's evolving investment landscape, with implications for both ongoing and upcoming real estate projects. The rate hike is also indicative of Greater Noida's continued focus on sustainable urban development, infrastructure enhancement, and economic growth. It reflects a proactive approach by local authorities to adapt to changing market conditions and support the long-term viability of real estate investments in the region. In conclusion, the Greater Noida Authority's decision to increase land allocation rates for FY25 carries significant implications for the real estate sector, signaling adjustments in pricing dynamics, investment strategies, and market competitiveness.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..