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Home > Forum > Noida > Real estate News > Mixed land in Noida

Mixed land in Noida

Q: Hi, I heard the news that there are some land parcel that is approved for mix use?? Kindly brief the news.

real estate news
mixed used project
noida
greater noida
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Replies (5)
1
I feel this will be helpfull for the commercial space people,mixed-land use policy will benefit MNCs, IT and BPO companies and other corporate employees, who need guest accommodation in the city.!
Sekhar


2
Yes not only this but also , residential plots, where guesthouses will be allowed, ATM, office space, cafeteria, laundry services, health centre, dispensary, etc will be allowed!
Chandra


3
So what does the policy say? how will the end users be benefited due to this?and what are the changes they have to witness.
Sangam


Hi Sangam,allottees owning residential and industrial property will be able to convert it into mixed land use by paying 50% of the cost difference between the prevailing residential or industrial sector rate
Saras,  Noida
2nd December 2013


4
Then will other norms like FAR and property prices get changed?? or it will remain same? What is the benefit that we will get?
Mukhesh


Yes sure there will be changes, plots adjacent to 24m-wide roads in residential areas will be allowed to construct guest houses on 100% area of permissible FAR after payment of an 'impact fee'.

Such plots in industrial sectors will be allowed to set up auto showrooms on 25% of permissible FAR following payment of an impact fee.
Hritwik,  Noida
2nd December 2013


5
Yes Wahi, recently the authority has passed a new document that Mixed land use will soon be a reality in Noida wherein certain commercial activities can be carried out from within sectors earmarked for other uses.
Kasturi


Hmmm even I have also come crossed the news that on Friday, Noida Authority provided in-principle approval of mixed land use policy for specific areas within industrial and residential sectors.
Geeta,  Noida
2nd December 2013


6

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