Noida Authority to acquire land for New Noida master plan
11 Aug 2023
2 Min Read
CW Team
The Noida Authority is gearing up to initiate land acquisition for the ambitious New Noida development, also known as the Dadri-Noida-Ghaziabad Investment Region (DNGIR). As the masterplan nears its final stages and is expected to be submitted for approval in August, the authority has identified 21,000 hectares of agricultural land across 86 villages.
The primary focus of this endeavour is to foster industrial growth, particularly in the Dadri-Sikandrabad region. The draft master plan envisions dedicated zones for industries, educational institutions, offices, and residences. Notably, the plan aims to accommodate around 600,000 residents in New Noida, creating a vibrant and thriving community.
Key features of the draft master plan include provisions for various sectors:
1. Industrial Zones: Approximately 8,100 hectares are allocated for industrial development, encompassing sectors like agriculture, food processing, and fast-moving consumer goods (FMCG).
2. Educational Institutions: The plan designates 1,600 hectares for educational institutions, including medical and engineering colleges and universities.
3. Residential Projects: About 2,000 hectares are reserved for residential developments, ensuring a well-rounded urban landscape.
4. Development Models: The Noida Authority is exploring different development models, including the licence model, the Noida-Greater Noida model, and a hybrid approach.
The masterplan is being crafted by the School of Planning and Architecture (SPA) and includes provisions for special economic zones tailored to various industries.
New Noida is poised to offer a range of strategic facilities, including a logistics hub, knowledge centres, integrated townships, and skill development centres, creating an environment conducive to growth and learning.
With $10 bn allocated by the authority for land acquisition and internal development in the current year, New Noida's transformation is on the horizon. As the masterplan advances toward approval, the vision of New Noida as a dynamic and industrious city is becoming more tangible, paving the way for a new era in urban development.
The Noida Authority is gearing up to initiate land acquisition for the ambitious New Noida development, also known as the Dadri-Noida-Ghaziabad Investment Region (DNGIR). As the masterplan nears its final stages and is expected to be submitted for approval in August, the authority has identified 21,000 hectares of agricultural land across 86 villages.The primary focus of this endeavour is to foster industrial growth, particularly in the Dadri-Sikandrabad region. The draft master plan envisions dedicated zones for industries, educational institutions, offices, and residences. Notably, the plan aims to accommodate around 600,000 residents in New Noida, creating a vibrant and thriving community.Key features of the draft master plan include provisions for various sectors:1. Industrial Zones: Approximately 8,100 hectares are allocated for industrial development, encompassing sectors like agriculture, food processing, and fast-moving consumer goods (FMCG).2. Educational Institutions: The plan designates 1,600 hectares for educational institutions, including medical and engineering colleges and universities.3. Residential Projects: About 2,000 hectares are reserved for residential developments, ensuring a well-rounded urban landscape.4. Development Models: The Noida Authority is exploring different development models, including the licence model, the Noida-Greater Noida model, and a hybrid approach.The masterplan is being crafted by the School of Planning and Architecture (SPA) and includes provisions for special economic zones tailored to various industries.New Noida is poised to offer a range of strategic facilities, including a logistics hub, knowledge centres, integrated townships, and skill development centres, creating an environment conducive to growth and learning.With $10 bn allocated by the authority for land acquisition and internal development in the current year, New Noida's transformation is on the horizon. As the masterplan advances toward approval, the vision of New Noida as a dynamic and industrious city is becoming more tangible, paving the way for a new era in urban development.
Next Story
Dassault To Build Falcon Jets In India With Reliance
Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..
Next Story
INDEA Lays Foundation for India’s First Auto Design School
The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..
Next Story
Karnataka Launches Global Innovation Hub at Airport City
The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..