Instutional Area, Greater Noida
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News
Noida and Greater Noida Authorities Offer Commercial and Institutional Plots
Hindustan Times · · Commercial
Noida, Greater Noida and Yamuna Expressway authorities announced commercial and institutional plot schemes, including 12 Greater Noida plots and eight premium Noida plots.
Key facts
- Greater Noida authority plans to auction 12 plots: two for senior secondary schools, two hospitals, one nursing home and seven training institutes. Applications close November 18; the auction date will be announced later. Plots are free of legal encumbrances, with possession within 30 days of allotment.
- School plots in Knowledge Park-5 measure 10,000 sqm (reserve price ₹30 crore) and 6,200 sqm (₹18 crore). Hospital plots measure 10,005 sqm in Sector MU (₹35 crore) and 4,439 sqm in Sector 10 (₹19 crore). The Knowledge Park-1 nursing-home plot is 2,511 sqm (₹10 crore). Training plots: three 2,000-sqm plots in Sector 4 at ₹5 crore each; one 2,001-sqm plot in Knowledge Park-1 at ₹5 crore; and two 4,000-sqm plots at ₹11 crore.
- Noida’s October 20 scheme offers eight commercial plots in Sector 25A, carved from land surrendered by Wave Group, with total area above 160,000 sqm and combined reserve price ₹3,103 crore. Individual plots are 17,645–25,572 sqm, with FAR 4.5 and 45% ground coverage. Reserve prices are ₹1.83–1.86 lakh per sqm, or ₹328–468 crore per plot. Bids open October 29 and close November 22, 2024; processing fee is ₹5.9 lakh and EMD ₹32–46 crore. Noida took possession in March 2021 over dues exceeding ₹2,500 crore; Wave applied under the project settlement policy in 2017.
- YEIDA said it plans an institutional plot scheme before Diwali and may also launch a residential plot scheme, subject to paperwork and UP-RERA permission.
GNIDA Introduces E-Auction Scheme for Institutional and Commercial Plots
Indiatimes · · Commercial
The Uttar Pradesh government introduced an e-auction scheme for institutional plots in Greater Noida sectors, while GNIDA plans auctions for institutional and commercial plots.
Key facts
On Wednesday, October 23, 2024, the Uttar Pradesh government introduced a new e-auction scheme for institutional plots in various Greater Noida sectors, aimed at integrated development. GNIDA will hold e-auctions for institutional and commercial plots.
Price Trends
- Locality ID
- A781112671