NOIDA: The Noida Authority a new commercial plot scheme, with eight plots covering a total area of over 1.6 lakh sqm in Sector 25A on offer. The plots collectively carry a reserve price of Rs 3,103 crore.
Officials said these plots are designed for large-scale commercial projects and range in size from 17,645 sqm to 25,572 sqm. They have a Floor Area Ratio (FAR) of 4.5 and 45% ground coverage.
The reserve price starts at Rs 1.83 lakh per sqm and extends up to Rs 1.86 lakh per sqm, with individual plot reserve prices ranging between Rs 328 crore and Rs 468 crore.
Among the offerings are three mid-sized plots, each measuring 17,645 sqm. These plots are priced between Rs 1.86 lakh and Rs 1.86 lakh per sqm, with a total reserve price of approximately Rs 328 crore each. The earnest money deposits for these plots exceed Rs 32 crore.
Another notable plot spans 23,160 sqm, priced at Rs 1.83 lakh per sqm, with a total reserve of Rs 425.8 crore. Additionally, two expansive plots, each measuring 25,572 sqm, are available at a reserve price of Rs 1.83 lakh per sqm. These plots are priced at Rs 468.25 crore each, with earnest money deposits of Rs 46.82 crore.
The last plot, covering 22,780 sqm, is priced at Rs 1.83 lakh per sqm – bringing the total reserve to Rs 419.1 crore.
According to officials, these plots provide another substantial opportunity for developers aiming to capitalise on Noida’s rapidly growing commercial landscape.
Bid submissions for the scheme open on Oct 29, with the deadline set for Nov 22. Interested bidders must submit a non-refundable processing fee of Rs 5.9 lakh, along with an earnest money deposit (EMD) ranging from Rs 32 crore to Rs 46 crore, depending on the plot size.
The plots under this scheme are located near key urban infrastructure, including the Noida Stadium, City Centre Metro Station, and major roads.
Meanwhile, the Greater Noida Authority has also announced a new institutional plot scheme, offering 12 plots across various sectors, covering over 50,000 square meters, with a total reserve price of Rs 163 crore. These plots are designated for educational and healthcare facilities, providing opportunities for senior secondary schools, hospitals, nursing homes, and vocational training institutes.
Of the 12 plots, two are reserved for senior secondary schools, two for hospitals, one for a nursing home, and the remaining seven are intended for vocational and educational institutes.
Applications for this scheme will open from Oct 24, with the last date for registration being Nov 16.
The senior secondary school plots, measuring 10,000 sqm and 6,200 sqm, are located in Knowledge Park 5. Hospital plots include one of 10,005 sqm in Sector MU and another of 4,439 sqm in Sector 10. The nursing home plot, sized at 2,511 sqm, is located in Sector Eta-2. The seven vocational and educational institute plots range in size from 1,000 sqm to 4,000 sqm and are spread across Techzone IV, Knowledge Park 1, and Knowledge Park 5.
