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

Noida Authority has fixed land acquisition rates for the third and fourth phases of the Dadri-Noida-Ghaziabad Investment Region project, known as New Noida, at ₹4,300 per sq m, matching the revised rates set by YEIDA for the Noida International Airport project.
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."