• Home
  • Govt. Schemes
  • Noida Authority to Consider New Mixed Land Use Property Scheme in Upcoming Board Meeting
Govt. Schemes

Noida Authority to Consider New Mixed Land Use Property Scheme in Upcoming Board Meeting

  • by- Grihik
  • Apr 3, 2026
The Noida Authority's upcoming board meeting will discuss its budget and consider approval for key projects, including a proposed centre of excellence at Gautam Buddha University. The Authority is also set to discuss the launch of a new mixed land use property scheme.
Noida Authority to Consider New Mixed Land Use Property Scheme in Upcoming Board Meeting

Noida, April 3: The Noida Authority's board meeting next week will focus on its budget and a new mixed land use property scheme. A key discussion point will be the Centre of Excellence at Gautam Buddha University (GBU), with a decision pending on whether it will research semiconductors or stem cells.

Mixed Land Use Property Scheme

For the mixed land-use scheme, the Authority is set to finalise:

  • Total number of plots

  • Plot sizes

  • Rates

At a board meeting last year, Noida had increased allotment rates by 6 per cent in all categories (residential, commercial, industry, and institutional) and approved a budget of ₹8,732 crore. The Authority plans to similarly increase land rates and the budget this year as well.

Centre of Excellence at GBU

The Authority will also be discussing the Centre of Excellence set to come up at GBU, with discussions focusing on whether the centre will be aimed at conducting research on semiconductors or stem cells.

Noida CEO Krishna Karunesh said: "This will be discussed and finalised in the board meeting next week."

Officials said the initiative will strengthen the research ecosystem in the university and help position Noida as a hub for high-end scientific development. The university will manage the project while the Authority will fund it. GBU, which first opened its doors to students in 2008, is fully funded by the Noida and Greater Noida authorities.

Semiconductor Parks in Noida

YEIDA is developing semiconductor parks in Sector 10 and 28. Strategically located near the upcoming Noida International Airport, the park is designed to attract global and domestic semiconductor companies by offering world-class infrastructure.

Semiconductors are used to manufacture components like transistors and integrated circuits (microchips), which power smartphones, computers, televisions, communication systems, automobiles, and industrial machines.

Stem cells are unique cells in the human body that can develop into different types of specialised cells (muscle, nerve, or blood cells) and are widely used in medicine for treating diseases like leukaemia through bone marrow transplants.