Greater Noida Eyes Investor Interest, New Plot Scheme Soon

Date:

Share post:

Authorities are exploring land allotment options after several prominent investors expressed interest in setting up units in the region during a recent meeting at the Greater Noida Authority office, officials said Saturday, as reported by the Hindustan Times.

The development follows a high-level meeting held Friday at the Greater Noida Industrial Development Authority (GNIDA) office. During the session, additional chief executive officers (ACEOs) of GNIDA and the Integrated Industrial Township Greater Noida Limited (IITGNL) engaged in detailed discussions with representatives from more than 10 companies and institutions.

Officials said the meeting was organized after several companies formally approached the Uttar Pradesh government expressing their intent to invest in Greater Noida. While specific figures on proposed investments, employment generation, or land requirements were not disclosed, the session aimed to assess investor interest and brief attendees on the availability of plots and upcoming schemes.

“We are witnessing strong interest from reputed institutions and companies, and our focus is on facilitating smooth land allocation through our upcoming industrial plot schemes,” said Saumya Srivastava, ACEO of GNIDA. “Investors have been informed that the new allotment scheme will be launched soon and will invite eligible businesses to apply.”

The companies and institutions that participated in the meeting included FOEII University, Chandan Hospital, Indraprastha Cancer Hospital, Swaraj Agriculture, and SSG Furnishing. These stakeholders have expressed interest in acquiring land for industrial units, educational campuses, and medical facilities, officials said.

Officials provided a detailed presentation on the infrastructure available within the Integrated Industrial Township, emphasizing its potential to support diverse and future-ready development. “We have institutional and IT plots that can cater to a wide range of investment needs,” said Prerna Singh, ACEO of GNIDA. “The township is equipped for sustainable, long-term industrial growth.”

Representatives from Udyami Mitra—an initiative of the Small Industries Development Bank of India (SIDBI) aimed at supporting micro, small, and medium enterprises (MSMEs)—also attended the meeting. Other key officials from IITGNL were present during the discussions.

Later on Friday, GNIDA and IITGNL officials conducted a site inspection of the Integrated Industrial Township to review the progress of earlier allotments and ensure that construction work had commenced on those plots.

According to officials, the upcoming allotment will follow GNIDA’s standard procedure, which includes online applications and a thorough technical and financial evaluation of each proposed project. “The IITGNL team has been instructed to actively follow up with allottees and encourage them to speed up project implementation, with a particular focus on job creation in the region,” an official said.

The planned scheme aligns with Greater Noida’s strategic push to attract industrial, institutional, and healthcare investments while ensuring timely development of allocated lands.

Related Posts

Latest posts

Tier 1 Cities Set for Over 16 Mn Sq. Ft. Mall Supply by 2026

India’s Tier 1 cities are expected to see a surge in new mall development, with more than 16.6...

Uttar Pradesh Introduces Bye-Law 2025 to Streamline Property Transfer Tax System

The Uttar Pradesh government has introduced Bye-Law 2025, a uniform regulation aimed at simplifying and increasing transparency in...

India’s Retail Sector Leased 3.1 Million Sq Ft of Space in Q1 2025

India's retail sector saw a strong start to 2025, leasing 3.1 million square feet of retail space across...

Noida Set to Open Two Major Infrastructure Projects in 2 Months

The Noida Authority on Friday announced plans to inaugurate two long-awaited infrastructure projects — its new administrative headquarters...