The New Noida project is a part of the draft Master Plan-2041. It will be established in the Dadri-Sikandrabad area — which is considered a crucial industrial hub.
The Noida Authority is planning to purchase land directly from farmers through a direct registry for the New Noida Project — which is part of the city’s expansion plan.
Officials have indicated that the procurement process for the project will be through direct buying from farmers, avoiding the long process of implementing the Land Acquisition Act-2013.
The decision was made in a recent board meeting of the authority, reports Hindustan Times.
This move is expected to speed up the land procurement process for the project.
The New Noida Project is a part of the draft Master Plan-2041. It was announced by the Uttar Pradesh government in 2022 for the development of the Delhi-Noida-Ghaziabad investment region.
It will be established in the Dadri-Sikandrabad area — which is considered a crucial industrial hub of the state and the plan is intended to promote long-term infrastructure and socio-economic growth in the region.
Officials have designated 21,000 hectares of farm land in 86 villages of Bulandshahr and Gautam Budh Nagar district for project development.
The Noida Authority aims to acquire agricultural land from 66 villages falling in neighbouring Bulandshahr district and 20 more villages from Gautam Budh Nagar.
According to the regulations, the authority can buy at least 25 per cent of the total area through direct purchase, and the remaining land will be acquired through the Land Acquisition Act-2013.
Ritu Maheshwari, chief executive officer of the Noida Authority, said that the decision to buy land directly from farmers would help start work on the project.
“Initially, the authority will buy land for infrastructure projects such as roads, parks, and other for the project,” she said adding that the authority has allocated Rs 1,000 crore for the land buying work.
Officials said, the decision to buy agricultural land for the expansion of Noida came after realising the land demand for industries, universities, and other projects is on the rise and there is no vacant land in Noida city.
The Noida Authority will begin buying land in July 2023 once all requirements are fulfilled.
The Noida Authority earlier in December 2022 had allotted dedicated areas to universities, industries, finance offices, and residential projects in the proposed master plan.
Out of 21,000 hectares, 8,111 hectares will be reserved for industries, 2,000 hectares for residential projects, and 1,662 hectares for institutes including medical colleges and universities. The expansion project expects to cater to an additional 600,000 resident population.