Noida Authority begins land acquisition for New Noida in 37 villages
Hey everyone, ever wonder where Noida's next big growth spurt is going to come from, especially with so much development already underway? Well, here's some big news that could shape our future property landscape! The Noida Authority has officially started the process of acquiring land in 37 villages across Gautam Budh Nagar and Bulandshahr for the massive New Noida project, also known as the Dadri-Noida-Ghaziabad Investment Region. This isn't just a small expansion; they're planning 40% for industrial use, 13% for residential, and 18% for green spaces, along with developing all the necessary infrastructure and allotting industrial plots in phases. This move is huge for creating new industrial hubs and residential zones, signaling significant growth opportunities. What do you all think this means for property prices, especially in and around Noida, in the coming years?
Comments
Wow, this is huge news! New Noida sounds like the next big thing. Bhai, agar 40% industrial hai toh jobs bhi badhengi, right? Does anyone think property prices in existing Noida sectors, especially near the proposed New Noida, will shoot up because of this? Meri budget toh already tight hai, so I'm worried.
Haan U1, jobs toh pakka badhengi. But price jump immediate nahi hoga I think.