Located in the Gautam Buddha Nagar district of Uttar Pradesh, Greater Noida is an extension of Noida. It was developed under the Uttar Pradesh Industrial Area Development Act, of 1976 to ease pressure from Noida. It is governed by the Greater Noida Industrial Development Authority (GNIDA), and it has grown tremendously since inception. As part of the long-term vision of the government to develop the city, it has approved the Greater Noida Master Plan 2041.
See also: Sonipat Master Plan 2031: Key highlights
When was the Greater Noida Master Plan 2041 approved?
Greater Noida Master Plan 2041 was approved by the GNIDA in August 2023. The plan is to create inclusive urban communities that share excellent access to social and infrastructural amenities.
Greater Noida Master Plan 2041: Map
Source: Greater Noida Authority
About Greater Noida Master Plan 2041
- It was planned taking inspiration from European cities and the United States, including Chicago, mention media reports.
- GNIDA has plans to expand Greater Noida to 71,733 hectare by 2041 from the current 31,733 hectare.
- Greater Noida Master Plan 2041 will be designed in such a way that more than 40 Lakh people will be accommodated.
- Plan is dependent on acquisition of agriculture lands.
- Over 40,000 hectare of land is planned to be acquired to expand Greater Noida and establish the Greater Noida Phase-II.
- There are plans to acquire lands and develop the area around the upcoming Jewar International Airport.
- More than 9,700 hectare of land is designated for residential development.
- More than 14,000 hectare of land is designated for industrial development.
- More than 8,900 hectare of land is assigned for green development.
Real estate prices in Greater Noida
According to Housing.com, the average price per sqft for buying a property is Rs 6,229. The price range per sqft is Rs 3,833 to Rs 10,235. The rentals here are also very attractive. The average rent is Rs 25,066 and the price range is around Rs 6,000 to Rs 60,000.
Greater Noida is developing at a very fast pace and these plans will further strengthen its position as one of the most sought-after residential destinations. Positioned as an educational city and plans to develop a film city, Greater Noida will see an uptick in realty space. If you are looking at investing in Greater Noida, check out Housing.com to know more about the real estate scenario.
FAQs
Which authority manages the Greater Noida?
Greater Noida is managed by the Greater Noida Industrial Development Authority.
Which cities are the inspiration behind development of Greater Noida Master Plan?
Chicago and various cities in Europe and the US are the inspiration behind developing the Greater Nodia Master Plan 2041.
Under what division is Greater Noida located?
Greater Noida is located under Meerut division.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: [email protected]
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