40 industrial plots up for grab off freight corridors in Noida
Noida: In a bid to boost industrial growth and employment in the region, the Greater Noida Industrial Development Authority (GNIDA) has launched a new scheme to allot 40 industrial plots through e-auction.
The plots, ranging from 450 sqm to 8,000 sqm, are expected to generate revenue of around Rs 400 crore from their reserve price alone.
Officials estimate that once allotted, these plots could attract investments of up to Rs 800 crore and generate nearly 10,000 job opportunities.
Spread across several industrial sectors, the scheme's largest share, 27 plots, is located in Ecotech XI, which offers plot sizes from 1,000 sqm to 8,000 sqm.
Reserve prices here range from Rs 28,000 to Rs 34,000 per sqm. Ecotech-I Extension features seven plots, catering primarily to mid-sized enterprises. Two plots each are available in Ecotech VI and Ecotech X, while Ecotech III has one plot on offer. The scheme will see the allotment of nearly 40 acres of industrial land.
According to GNIDA officials, the scheme offers several key advantages, including proximity to the upcoming Noida International Airport, and connectivity to both the Eastern and Western Dedicated Freight Corridors.
All plots come with ready-to-move infrastructure in a smart, sustainable industrial zone.
Participants can opt for dynamic bidding, where a single earnest money deposit (EMD) makes them eligible to bid for multiple plots, provided the EMD covers the combined reserve values. Alternatively, they can choose single bidding for individual plots. All plots are free of encumbrances, with possession promised within 30 days of allotment on an "as is where is" basis.
Allottees will have three years to complete their industrial projects. They can either pay the entire land cost within 90 days to avail a 2% rebate or choose a deferred payment plan: 40% within two months, and the rest over four years in eight half-yearly instalments, with applicable interest.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
18 minutes ago
- News18
Job Alert! Apply For Young Professional Posts At MECL: Check Eligibility, Salary And More
Last Updated: MECL Young Professional Recruitment 2025: Apply online at the official website until June 12, 2025. MECL Young Professional Recruitment 2025: The Mineral Exploration & Consultancy Limited (MECL), a Mini-Ratna-I Central Public Sector Enterprise under the Ministry of Mines, Government of India, has opened applications for Young Professional positions on a Fixed Term Engagement (FTE) contractual basis. Interested and eligible candidates can apply online through the official website of MECL at until June 12, 2025. Young Professional (Geology): 12 posts Young Professional (Geophysics): 07 posts Young Professional (IT/SAP-ERP): 01 post Young Professional (Civil Engineering): 01 post Young Professional (Electrical Engineering): 01 post Young Professional (Materials): 02 posts Young Professional (Business Development & Marketing): 01 post Young Professional (Finance & Accounts): 01 post Young Professional (Medical Doctor): 01 post Maximum Age (UR Category): 35 years Eligibility requirements, including educational qualifications and experience, differ by post. Candidates must hold degrees/diplomas from UGC-recognized institutions and technical/professional courses approved by AICTE or the Government of India. Degrees acquired through Open and Distance Learning (ODL) are valid, provided they meet the regulatory requirements. Applicants are advised to carefully read the official notification for post-specific details. Step 2: Go to 'Career" page and click on the link to apply for young professional Step 3: Register yourself by entering your name, email and mobile number Step 4: Now login using your login ID and password Step 6: Pay the application fee and submit the application form Step 7: Download the confirmation page and save it for future reference Candidates must register on the portal and upload scanned copies of a passport-sized photo and signature in JPG/JPEG format. SC/ST/OBC-NCL/EWS candidates must take care while selecting the category, as changes won't be permitted later. Candidates will be shortlisted based on academic performance, relevant experience, and expertise. Shortlisted applicants will undergo document verification and a personal interview, to be held in Nagpur. Young professionals will receive a consolidated remuneration of Rs 60,000. Candidates must note that these FTE Young Professional positions are purely temporary. MECL reserves the right to terminate the contract at any point without assigning any reason. First Published:
Time of India
25 minutes ago
- Time of India
Adani Energy Solutions bags ₹1,660 crore transmission project in Maharashtra
Ahmedabad: Adani Energy Solutions Ltd (AESL) on Friday said it has won a ₹1,660 crore inter-state transmission project in Maharashtra . The project scope includes the establishment of 3,000 megavolt-amperes (MVA) of substations capacity, besides other related transmission infrastructure, taking AESL's overall transmission network to 26,696 ckm (circuit kilometres) and 93,236 MVA of transformation capacity. AESL, India's largest private transmission and distribution company and part of the globally diversified Adani portfolio, said it is scheduled to commission the project by January 2028. The project, housed under the Special Purpose Vehicle (SPV), WRNES Talegaon Power Transmission Ltd, will help evacuate 1.5 GW of green power from upcoming hydro Pumped Storage Projects (PSP) in the region and will help meet demand from Mumbai and surrounding areas. The project SPV has formally been transferred to AESL. AESL won this Inter-State Transmission System (ISTS) project under the tariff-based competitive bidding (TBCB) mechanism, and REC Power Development and Consultancy Ltd (RECPDCL) was the bid process coordinator. With this order win, AESL's transmission orderbook now stands at ₹61,600 crore, informed the company. Adani Energy Solutions reported an impressive 103 per cent annual profit after tax (PAT) growth in FY25 at an all-time high of ₹2,427 crore, as the company posted 87 per cent PAT growth at ₹714 crore in Q4 (January-March). The Adani Group company also showed strong growth of 42 per cent (year-on-year) in its total income at ₹24,447 crore in FY25, which is the highest ever is driven by the contributions from the recently commissioned transmission projects, robust energy sales in Mumbai and Mundra utilities and contribution from the smart metering business. During the March quarter, the company secured two new transmission projects -- Navinal (Mundra) Phase I Part B1 and Mahan Transmission Ltd.
Time of India
25 minutes ago
- Time of India
IndiGo Long-haul Flights: IndiGo Expands Global Reach with 10 New International Destinations Including London and Copenhagen, ET TravelWorld
Advt IndiGo makes global leap: FY25 sees Rs 7,258 cr profit & leap into long-haul ops Beginning July 1, 2025, IndiGo will offer thrice-weekly direct flights between Mumbai and Manchester, becoming the only airline currently providing nonstop service on this route and also the only low-cost carrier in the country offering long-haul flight services. A day later, on July 2, the airline will launch another long-haul flight connecting Mumbai to Amsterdam, also operating three times a week. Both routes will be served by Boeing 787-9 Dreamliner aircraft, leased from Norse Atlantic Airways, marking IndiGo's official entry into long-haul wide-body operations. See More Details Advt By , ETTravelWorld Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTravelWorld App Get Realtime updates Save your favourite articles Scan to download App India's largest airline, IndiGo , is poised to deepen its global footprint with the launch of 10 new international destinations in FY26, including long-haul direct flights to London, Copenhagen, and Athens. This expansion marks a pivotal chapter in IndiGo's evolution from a dominant domestic carrier to a significant global aviation at a press event ahead of the IATA AGM 2025 to be hosted in Delhi next week, the expansion strategy aligns with IndiGo's larger ambition of transforming into a global airline by 2030. "FY25 has been a pivotal year in our journey. As India continues to rise as one of the fastest-growing aviation markets, IndiGo is firmly committed to contributing to this momentum," said Pieter Elbers , CEO, IndiGo.A key enabler of IndiGo's international push is its aggressive fleet expansion. With one new aircraft joining its fleet every week, the airline expects to surpass 600 aircraft by 2030. A major development includes the damp lease agreement with Norse Atlantic Airways for six Boeing 787-9 Dreamliner aircraft, scheduled to arrive by early 2026, complementing the anticipated arrival of A350s in long-range A321XLR aircraft—joining IndiGo's fleet in FY26—will further empower the airline to enter new medium-to-long haul markets, making destinations like Athens viable for direct connectivity from flights from India to London, Copenhagen, and and Amsterdam flights launching July of four new destinations and reactivation of Almaty and Tashkent routes from service to Siem Reap (Cambodia), increased capacity to Bali (Indonesia), Ho Chi Minh City, and Hanoi (Vietnam).These additions will bring IndiGo's international destinations to 51, solidifying its global strategy. The carrier will also grow its domestic network to 95 stations with upcoming operations at Adampur (Jalandhar) and Hindon (Ghaziabad), along with becoming the first airline to commence flights from the Navi Mumbai and Noida (Jewar) a major infrastructure development, IndiGo signed an MoU with Bangalore International Airport Ltd. (BIAL) for a 31-acre MRO (Maintenance, Repair, Overhaul) facility. Designed to support both narrow- and wide-body aircraft, the facility is expected to streamline maintenance, increase aircraft availability, and enhance operational continues to forge international partnerships as part of its global strategy. A reciprocal codeshare with Japan Airlines is underway, and additional alliances are in the the customer experience is evolving with the rollout of IndiGoStretch—its business-class equivalent. Currently operating on 140 daily flights within India, the product will debut internationally in June 2025, starting with Delhi/Mumbai to Bangkok, Singapore, Phuket, and Dubai.
