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40% of 21000 Hectares Acquired For New NOIDA Earmarked For Industries

Updated: Aug 14, 2023 03:31:13pm
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40% of 21000 Hectares Acquired For New NOIDA Earmarked For Industries

Noida, Aug 14 (KNN) The state authorities of Uttar Pradesh have decided to start acquiring 21,000 hectares of land for “New Noida” soon after the masterplan for the same is approved by the board this month.

Around 8,100 hectares will be dedicated to industrial zones, 1,600 hectares to educational establishments such as medical and engineering colleges and universities, and an additional 2,000 hectares will be set aside for residential developments.

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New Noida is likely to have a logistics hub, knowledge centres, integrated townships and skill development centres. 

Chief Minister Yogi Adityanath-led Uttar Pradesh government is planning to acquire land for a new city, New Noida, which will be built as an extension to Gautam Buddha Nagar. 

The masterplan for the new city also known as Dadri-Noida-Ghaziabad Investment Region (DNGIR) is in the final stage and is likely to be submitted for approval in August. 

The Noida Authority has identified 21,000 hectares of agricultural land in 86 villages of Gautam Budh Nagar and Bulandshahr districts and is planning to develop this new city. 

Noida Authority has allocated Rs 1,000 crore for land acquisition and internal development in New Noida this year.

This new city is expected to hose nearly 600,000 residents. New Noida is likely to have a logistics hub, knowledge centres, integrated townships and skill development centres. 

New Noida is going to have dedicated areas for industries, offices, universities and residential purposes. As per the initial estimates shared by the authorities, over 8,100 hectares will be earmarked for industries and 1,600 hectares for medical and engineering colleges and universities, among others. Moreover, over 2,000 hectares will be designated for residential projects. 

Noida Authority is currently assessing three development models for the development of New Noida – this includes the licence model as was done in Gurugram; Noida-Greater Noida model and a mixed model is also in talks. 

According to the news agency ANI, the masterplan for this new city is being prepared by the School of Planning and Architecture (SPA) and will include special economic zones for industrial units from the agriculture, food processing and FMCG sectors. 

One crucial aspect of the master plan is the implementation of a satellite-based Geographical Information System (GIS), which will play a pivotal role in its development.  (KNN Bureau)

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