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industrial plots

10% rise in allotment rates likely in Noida

10% rise in allotment rates likely in Noida
The new rates are likely to be effective from next month. According to sources, the Noida Authority proposes to hike the land allotment rate of residential and commercial properties by 15% and industrial properties by 10%, respectively. Sources told sources the proposal is ready and will be tabled in the next board meeting of the [...] Continue Reading »

Allotment of industrial plots in Greater Noida cancelled by GNIDA

Allotment of industrial plots in Greater Noida cancelled by GNIDA
Around 15 industrial plots allocation has been cancelled by the Greater Noida Industrial Development Authority. According to the authorities, the allotments were cancelled are of either 450 sqm or 1,000sqm, however GNIDA is looking for a fresh scheme re-allotment. As the allottees failed to respond to the notices issued by the authority in October for [...] Continue Reading »

Authority cancels over 300 industrial plots

Authority cancels over 300 industrial plots
The Greater Noida Authority (GNA) has begun issuing cancellation notices to over 300 allottees of plots in industrial sectors. The allottees that have been sent cancellation notices are the ones who did not not set up functional units despite several years after taking possession of plots. Those who have defaulted upon entering into lease deeds [...] Continue Reading »



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