Since November 2019, the Noida Authority has launched 13 different schemes to offer residential, commercial, institutional and industrial plots. However, the Authority was only able to generate traction while allocating industrial plots.
NOIDA: With several of its recent commercial, residential and institutional schemes ending in disappointment, the Noida Authority has decided to evaluate the land allotment rates in the city so as to rationalise them. And to do so, the Authority will invite a panel of chartered accountants, cost accountants and asset valuation firms.
The decision could have a long-term impact on the future growth of the city, officials said.
Since November 2019, the Noida Authority has launched 13 different schemes to offer residential, commercial, institutional and industrial plots. However, the Authority was only able to generate traction while allocating industrial plots.