Noida received an investment of about Rs 64,000 crore, highest of all time!

Noida Receives An Investment Of About Rs 64,000 Crore, Highest Of All

Noida has achieved the distinction of becoming the largest industrial investment district in India, owing to substantial capital influx and the investor-friendly policies implemented by the Uttar Pradesh government.

In the past four years, Noida has received an impressive investment of approximately Rs 64,000 crore, enabling the creation of over 3 lakh job opportunities within the region.

This thriving metropolis is governed by three key authorities: the Noida Industrial Development Authority, the Greater Noida Industrial Development Authority, and the Yamuna Expressway Industrial Development Authority. Data from these authorities indicate that a significant number of national and global investors have committed considerable resources in recent times.

More Than 3,000 Land Plots Sold!

Over the last two years alone, the three development authorities have successfully sold more than 3,000 plots of land to a diverse array of investors from India and beyond. Streamlined processes have particularly facilitated investments in Noida; around 3,000 investors are setting up their offices here with a collective investment of approximately Rs 64,352 crore. This surge in investment is poised to yield permanent employment for an expected 4 lakh individuals.

The Noida Authority has already employed about 1.5 lakh people, thanks to an investment of Rs 22,000 crore over the prior four and a half years. Future plans include the development of a smart village that promises to modernize the locality further.

A significant portion of these investments has come from prominent firms such as TCS, Samsung, Microsoft, and various Data Center operators. For instance, the city has witnessed the acquisition of over 39,139 acres of land at an investment of Rs 2,500 crore to establish mega data centers.

Microsoft, in particular, has procured around 60,000 acres with an intention to invest Rs 1,000 crore in the IT specialized sector. Similarly, the INGK Company has acquired 47,733 acres for an investment of Rs 5,500 crore within the realm of real estate. Other reputable companies like Vivotex Project, Ikea Solutions, Dixon Technology, Westway Electronics, Adverb Technology, Surabhi Group, and Yun Flex Ltd. have also made substantial land purchases in Noida.

Immense Career Opportunity in Future-

Given this enormous capital investment, the Gautam Budh Nagar area is witnessing significant advancement. Real estate experts highlight that approximately 60% of the Memoranda of Understanding signed during the Investor Summit are attributed to the Noida district.

Furthermore, Yamuna Authority is similarly active in attracting investment, with significant capital allocated to projects such as Apparel Park, MSME Park, Toy City, Medical Park, Film City, and the Jewar Airport—all of which stand to elevate Noida's development trajectory.

Therefore, as these companies solidify their presence in Noida, an increase in employment prospects is almost guaranteed, subsequently ramping up demand within the real estate sector.

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