The state government has also issued a phase-wise strategy for Noida, Greater Noida Authority, and Yamuna Expressway Industrial Development Authority (YEIDA) to implement the package.
The recommendations comprise a slew of relaxations for developers, including a zero-period to waive interest and penalties imposed for financial default, officials aware of the matter said
In a strategic move, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched an e-auction for prime plots near the upcoming Jewar airport. The initiative includes plots for nursing homes, hospitals, maternity centers, corporate offices, and senior secondary schools. Interested parties can apply for plot acquisition until January 1, 2024, with the e-auction process set to conclude by February 29, 2024.
The availability of land, good infrastructure, skilled manpower, and sub-dollar rentals are some of the key factors that have attracted investors to Noida.
The Yamuna Expressway Authority has extended the last date to apply for the scheme to December 14. The authority hopes to earn at least Rs 108 crore from the e-auction of these commercial plots