Greater Noida: Eight housing plots on offer in new township

NOIDA: The Integrated Industrial Township Greater Noida Limited (IITGNL) board has approved the
launch of the township’s first residential and commercial scheme. Under the group housing scheme, eight
plots on 61 acres are available for allotment. Their sizes range from 17,400 sqm to 56,300 sqm, with a
reserved price of Rs 43,000 per sqm.
Soon, a scheme of eight commercial mix-use plots will be launched too. Their sizes range from 10,800 to
39,900 sqm, with a reserved price of Rs 74,000 per sqm.
The industrial units, allotted land in the township, will also get more build-up area. After the Greater
Noida Authority, the IITGNL board approved a proposal to increase ground coverage on industrial plots
from 35% to 55%. The public can soon share suggestions and objections on the proposal. It will then need
government approval. The proposal comes on the heels of a lack of interest on the end of investors due to the 35% ground
coverage rule. At least 16 plots are still lying vacant. Now, officials expect the situation to change.
At the 46th board meeting of IITGNL on Wednesday, companies such as Haier Electronics, Forme
Mobiles, Satkriti Infotainment, Chenfeng (LED Company), and J World Electronics invested in the
township.
Under the Delhi-Mumbai Industrial Corridor, a flagship programme of the Central government for
developing “futuristic smart industrial cities”, the township has come up on 747 acres near Dadri.
Developed by DMIC-IITGNL, a joint venture between DMIC and the Greater Noida Authority, the smart
township has a plug-and-play infrastructure and an automatic solid waste management system.