New Noida Land Rates Set at ₹4,300 Per Sq Meter, at Par with YEIDA

Noida, April 10: The DNGIR project will span 209 sq km across 84 villages in Gautam Budh Nagar and Bulandshahr, developed in four phases.
Land Rate Comparison
| Phase | Rate (per sq m) |
|---|---|
| Phase 1 (Airport) | ₹2,100 |
| Phase 2 | ₹3,100 |
| Phase 3 & 4 (New Noida) | ₹4,300 |
Project Phases
| Phase | Period | Area (hectares) |
|---|---|---|
| Phase 1 | 2023-27 | 3,165 |
| Phase 2 | 2027-32 | 3,798 |
| Phase 3 | 2032-37 | 5,908 |
| Phase 4 | 2037-41 | 8,230 |
| Total | 20,911 hectares |
Village Distribution
-
Bulandshahr district: 63 villages
-
Gautam Budh Nagar district: 21 villages
-
Total population (2011 Census): 1,51,778
Development Approach
The development will mirror that of Noida: the Authority acquires land, establishes infrastructure (roads, water supply, parks), and then allocates plots to investors.
Official Statement
Noida CEO Krishna Karunesh said: "The Authority in its board meeting on April 6 approved the land rate for DNGIR at par with the Yamuna Authority. We will now expedite the project. In the next two to three weeks we will form teams that will visit the area and seek consent of local landowners."
Land Acquisition Method
Under the New Noida project, Noida Authority plans to acquire land through mutual agreement directly from farmers rather than compulsory acquisition.
Proposed Industries
The DNGIR Master Plan 2041 aims to create a modern industrial development hub with:
-
IT and ITeS
-
Electronics and electrical
-
Semiconductor chips
-
Automobile industry
-
Solar panel manufacturing
-
Food processing industry
-
Textile and garment industry
-
Cement and tiles industry
Farmer Union's Demand
Pawan Khatana, spokesperson of Bhartiya Kisan Union (Tikait), said: "The development of New Noida is a good move. However, the circle rate of these villages has not been revised for several years. They should revise the circle rate and then give four times compensation as per the Right to Fair Compensation Act, 2013."