New Industrial Plot Scheme Launched by GNIDA
To attract more investment, the Greater Noida Industrial Development Authority (GNIDA) has rolled out a new scheme for industrial plots. The scheme includes 41 sites ranging from 905 to 4062 square meters, primarily located in Ecotech sectors 10 and 11.
Application and Allotment Process
Interested parties can submit online applications at www.niveshmitra.up.nic.in by June 30. The allotment process will commence on July 1 through lotteries and interviews for plots exceeding 4,000 square feet. This initiative aims to bring in an investment of Rs 93 crore, covering a total area of 83,000 square meters.
Official Statements
Deep Chandra, Additional CEO of Greater Noida Administration, stated, "We have developed a layout for an industrial plot scheme, where 38 plots or lands ranging from 905 to 4062 sqm will be available in the Ecotech 10 and 11 GNIDA sectors. Additionally, there are three plots of more than 4,000 square meters in these two sectors."
Narendra Bhushan, CEO of GNIDA, added, "While GNIDA invites investment under the 'ease of doing business model' proposed by the state government, our goal is to attract more multinational companies to set up operations in the area. Many electronics manufacturers from Japan, Korea, and Taiwan have expressed interest in opening their manufacturing facilities in Greater Noida. Thus, even amidst the Covid era, we launched an industrial land scheme to stimulate further investment. Moreover, the Greater Noida administration will soon unveil new housing schemes for institutional, commercial, information technology, builders, and housing groups.