Noida units relocating over land

Q: Hi, i have heard the news that Noida units relocating over land and there is a huge infrastructural issue?? Kindly brief with that.

Arvind, Gurgaon

6th November 2013

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Replies (3)

Yes Shilpa, but you should also know that developers may have to pay more for allotted plots on Yamuna e-way. So I think even they have a tough time to buy land from government.

Prasad, Noida

6th November 2013

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Hmmm Mr Prasad is right, i guess around 20,000 individual plot allottees and 30 realtors may have to pay more for land allotted to them if the Uttar Pradesh government agrees to farmers demand of a 64 percent hike in compensation for acquired land in Yamuna expressway.

Wahi, Noida

6th November 2013

Even I have a question regarding that...how ome there is lack of land for us when the government is speeding land allotment to real estate developers?

Shilpa, Noida

6th November 2013

Comment

Heya Arvind the news is very fresh and true fact, as the news says that state administration concerned about the small and medium enterprises in Noida are driving these units to scout for new sites to expand.I think this is the major reason for the relocation. ...

Arun, Gurgaon

6th November 2013

Comment

Hmm I have also heard the authority has also said that within three decades these units have expanded but now need further expansion. It is also noted that, when ever land requirement application is submitted to Government, they say there are no land... but they have land for expansion !! Strange calculation !

Johnathan, Gurgaon

6th November 2013