Latest news with #GreaterNoidaIndustrialDevelopmentAuthority


News18
2 days ago
- Business
- News18
UP govt to soon decide developer for multimodal logistics park in Greater Noida
Agency: PTI Last Updated: New Delhi, Aug 9 (PTI) The Uttar Pradesh government will soon finalise a developer to set up the 174-acre multimodal logistics park in Greater Nodia. Greater Noida Industrial Development Authority recently invited bids for the project, with an aim to attract over Rs 1,200 crore in investment, create at least 5,000 jobs, and speed up freight movement. Adani Ports and Special Economic Zone Ltd, Super Handlers and Empezar Logistics have made their bids, and a high-powered committee is going to look at their proposals and take a call after that. 'Three companies have submitted their bid for developing a multimodal logistics park at Greater Noida. A high-powered committee headed by the Chief Secretary will soon evaluate the proposal and take a call accordingly," Uttar Pradesh Minister for Industrial Development, Export Promotion, NRI, and Investment Promotion, Nand Gopal Gupta Nandi said. The objective is to make Uttar Pradesh the most preferred investment destination in the country, and towards this end, the government is formulating investor-friendly policies, he added. 'The development of a multimodal logistics park in Greater Noida is a quest in that direction. With the upcoming Jewar Airport in its proximity, the multimodal logistics park may play an important role in the economic development of the region and would lead to thousands of employment generation, both direct and indirect," he pointed out. The proposed logistics park will have proximity to Noida International Airport and easy access to Eastern and Western Dedicated Freight Corridors. It is also close to the Concor-operated dry port that handles container storage and processing. Other salient features of the park include cargo handling yards, warehousing facilities, a skill development centre, and other logistics services for the cargo terminal process. According to the 'Scheme for Allotment of Plot for Development of Multi-Modal Logistic Park at Greater Noida', a minimum of Rs 1,200 crore investment is envisaged for the development, excluding the cost of land. The allotment of 174.12 acres of contiguous land at Kappa 2 will be made on a leasehold basis for 90 years from the date of execution of the lease deed. PTI DP BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Time of India
4 days ago
- Business
- Time of India
Parking to vending zones: Consultant to help Greater Noida to overhaul civic infrastructure
Noida: To create better-managed public spaces, improve last-mile connectivity, and explore new revenue streams, Greater Noida Industrial Development Authority is set to appoint consultants to support the planning and execution of key urban infrastructure projects across the city. It has invited Expressions of Interest (EOIs) from qualified firms with expertise in urban planning, survey-based strategy formulation, and infrastructure implementation. A major focus of the consultants' scope will be thorough revamp of bus stands across the city. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida With the city preparing to roll out a joint electric city bus service — a 500-bus initiative in collaboration with Noida and Yamuna Expressway Authorities, out of which GNIDA will operate 100 buses — there is a need to upgrade and construct modern bus shelters. These will be integrated with EV charging stations, in line with GNIDA's push for sustainable urban mobility. The consultant will also be tasked with identifying suitable locations for surface and multi-level parking structures, to address parking shortages and decongest busy commercial areas. The hired consultant will develop dedicated vending zones in various sectors. In light of the rise in unauthorized kiosks and shops along roadsides, the Authority plans to regulate street vending by identifying suitable locations for legal vending zones, based on surveys of local demand, traffic patterns, and public convenience. Simultaneously, non-vending zones will be clearly marked to prevent congestion and encroachment in high-traffic areas, to ensure smooth pedestrian and vehicular movement. The consultant will also identify spots to set up small food kiosks or micro-markets. These facilities are intended to support local entrepreneurship and provide structured, hygienic spaces for small vendors to operate, officials said. Another major area of focus is advertisement infrastructure. GNIDA earns significant revenue through unipoles and billboards across the city. The selected consultant will explore opportunities to expand advertisement spaces in a planned manner. The scope of work includes conducting detailed surveys, preparing strategies, developing 2D and 3D layout plans, drafting Request for Proposals (RFPs) for each component, and providing implementation support during project execution. Firms applying must have prior experience in similar urban development projects and should be well-versed with local regulations of Greater Noida.


Time of India
5 days ago
- Business
- Time of India
Gr Noida gaushala set to get first biogas plant
Noida: The Greater Noida Industrial Development Authority (GNIDA) has initiated work on for its first compressed biogas plant at the authority-run cow shelter in Jalpura village. Tired of too many ads? go ad free now The plant, which will process 50 tonnes of cattle dung daily, is designed to produce compressed natural gas (CNG) that can be used to fuel vehicles and kitchens. Using anaerobic digestion, the bio-CNG plant will convert cow dung into eco-friendly fuel, offering a sustainable solution that also generates revenue for the shelter's upkeep and helps in effective waste management, officials said. The foundation stone for the project was laid at a ceremony on Monday, which was attended by Dadri MLA Tejpal Nagar and GNIDA Additional CEO Shrilakshmi VS. The plant, set to come up at a cost of Rs 20 crore, is fully funded by a private agency hired by GNIDA and is expected to be ready within a year. "The initiative is a step forward in promoting cow welfare and self-reliance. The well-maintained cows at the shelter reflect the care being provided, and the new plant will further improve operations by turning waste into fuel and income," the Dadri MLA said. The Jalpura shelter, located near Jalpura village about 12km from Pari Chowk, spans 16 acres and currently houses around 1,500 cows. The biogas plant aims to address a long-pending need in the area. Local cattle rearers will be able to sell cow dung to facility, creating a new source of income and promoting rural cleanliness and hygiene, officials said. Additional CEO Shrilakshmi VS said that the plant aligns with the Green India, Clean India campaign. She appealed to cattle owners to avoid dumping cow dung in drains or sewers, which often causes blockages.


Time of India
23-07-2025
- Business
- Time of India
GNIDA launches plot scheme for hospitals and edu institutions
Noida: Greater Noida Industrial Development Authority (GNIDA) launched a scheme to allot six plots for vocational training or academic institutes in Knowledge Park 5, and four plots for hospitals across sectors Mu, Knowledge Park 5, Omicron 1A and Knowledge Park 2. Applications are being invited through online bidding until August 12. The scheme, which opened on July 22, aims to attract reputed educational and healthcare institutions to set up operations in the region Under the scheme, allottees can develop facilities such as schools, colleges, vocational training centres, universities, hospitals, nursing homes, and yoga and meditation centres. Six institutional plots are available in Sector Knowledge Park 5, with reserve prices ranging from Rs 3.3 crore to Rs 12 crore. The largest among these is a 4,080 sqm plot with a base price of Rs 12 crore, while the smallest is 1,065 sqm, priced at Rs 3.3 crore. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida Additonally, four plots have been earmarked for hospital use in Knowledge Park 2, Knowledge Park 5, Omicron 1A, and Sector Mu. The largest of these is a 25,852 sqm plot in Knowledge Park 2 with a reserve price of Rs 73 crore. The others include a 22,737 sqm plot in Knowledge Park 5 priced at Rs 57.9 crore, a 10,005 sqm plot in Sector Mu at Rs 36.9 crore, and a 4,500 sqm plot in Omicron 1A priced at Rs 19.3 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "The scheme is expected to attract reputed educational and healthcare players, adding to the city's profile as a hub for institutional development," a GNIDA official said. Plots will be allotted through a competitive bidding process, and the detailed brochure is available on the GNIDA website.


News18
08-07-2025
- Business
- News18
Builder Can't Be Penalised For Authority's Delay In Approving Plans: Allahabad High Court
Last Updated: The court granted relief to M/s Kinetic Buildtech Pvt Ltd on cancellation of allotment by the Greater Noida Industrial Development Authority (GNIDA) The Allahabad High Court has held that a developer cannot be faulted for construction delays when the development authority itself fails to act on the building plan or hand over lawful possession of the land. The bench of Justice Prakash Padia, allowing a writ petition filed by M/s Kinetic Buildtech Pvt Ltd, quashed Greater Noida Industrial Development Authority (GNIDA)'s decision to cancel a plot allotted to the builder and forfeit Rs 10.64 crore, the initial premium deposit, over alleged default in payment and construction. Kinetic Buildtech was allotted a 22,000-square-metre plot in Sector-10 of Greater Noida in 2014. A lease deed was executed in 2015, following which the company paid the mandatory 20% premium. However, the developer contended that it was never given actual physical possession of the plot as per the site plan annexed with the lease deed. Later on, there was a unilateral change in the site layout by GNIDA. A modified layout was introduced on July 9, 2015, but was never communicated to the builder until years later, during a revision hearing. Even then, the possession letter bore no signature of the person handing over or receiving possession, which the court noted made it merely 'paperwork" and 'no actual physical possession". The court also found that while the developer had submitted a building plan and even deposited a processing fee of Rs 38 lakh, GNIDA never decided on the application. A letter raising objections to the plan was allegedly sent in May 2016, but the court observed that there was no proof that this letter was ever served to the petitioner. In light of these findings, the high court concluded that GNIDA's actions—failing to hand over possession, not executing a corrected lease deed, and leaving the construction application pending—could not be used as grounds to punish the petitioner. 'The development authority kept the application for grant of permission for construction pending with him, as such, it cannot be blamed that petitioner has not carried on the construction within the stipulated period…Thus, the petitioner cannot be blamed and charged for the same," the court held. The court cited the SC judgment in the case of Municipal Committee Katra & others Vs Ashwani Kumar (2024), and said no party should be allowed to profit from its own wrongdoing. 'The development authority itself had faulted in not delivering possession and not taking a decision on the application for construction. For this, the petitioner cannot be penalised," it held. Accordingly, the court set aside the cancellation orders and directed GNIDA to execute the required correction deed and extend the construction deadline accordingly. First Published: