Noida Authority Hikes Land Acquisition Rate for New Noida

Heard a lot of folks worried about land prices in New Noida lately. Well, here’s something that might ease some concerns: the Noida Authority just bumped up the land acquisition rate to ₹4,300 per square meter, matching YEIDA. This means the Dadri-Noida-Ghaziabad Investment Region (DNGIR) project can move forward faster, with ₹800 crore already set aside for the first phase in 80 villages. Hopefully, this will streamline development. What do you all think this will do to property values in the area?