The price of industrial plots in Greater Noida can vary significantly depending on several factors. such as location, size, and availability. Generally, industrial plots in the region are priced at around INR 20-30 lakhs per acre. However, the price can go up to INR 50 lakhs per acre for plots in prime locations or with premium amenities.
A day in the life of industrial plots in Greater Noida
Generally, an industrial plot in Greater Noida would be a site where factories or industrial buildings are located. These factories or buildings might be involved in the manufacturing, assembly, processing, or storage of goods. There could also be warehouses, offices, and other support facilities on the plot.
During the day, the industrial plot would be bustling with activity as workers arrive to start their shifts. Machines and equipment might be heard operating as production gets underway. There could be trucks coming and going, delivering raw materials, and taking away finished products. The air might be filled with the smells and sounds of industry.
At the end of the day, the workers would finish their shifts and head home. The machines and equipment would be shut down for the night. The industrial plot would become quiet and still until the next day when the cycle starts again.
What is the price of industrial plots in Greater Noida?
It is worth noting that the price of industrial plots in Greater Noida can fluctuate based on market demand and supply. Prices may also be influenced by factors such as the availability of infrastructure and the proximity to major markets.
|Size of Industrial Plots (in sqm)||Ecotech-10, Ecotech-11, (in INR/Sqm)|
|0 – 4,000||11240|
|4,001 – 8,000||9685|
|8,001 – 20,000||8125|
|20,001 – 40,000||6560|
|40,001 – 80,000||5310|
|80,001 – above||4065|
The history and evolution of the industrial plot
The development of Greater Noida began in the late 1970s when the Indian government recognized the need for a planned industrial city in the National Capital Region (NCR). The government identified a large tract of land in the Gautam Buddh Nagar district and decided to develop it as an industrial plot.
In 1981, the Industrial Development Authority of Uttar Pradesh (IDAUP) was established to oversee the development of Greater Noida. The IDAUP was responsible for planning, designing, and implementing the infrastructure and amenities needed for the industrial plot.
The first phase of development in Greater Noida focused on the creation of basic infrastructure such as roads, electricity, and water supply. The government also provided incentives to companies to set up factories and industries in the region.
In the 1990s, Greater Noida saw significant growth in its industrial sector. Many companies, both domestic and international, set up their factories and plants in the region. This led to the creation of numerous employment opportunities and contributed to the overall economic growth of the region.
In the 2000s, Greater Noida saw a shift in its industrial focus from manufacturing to services. The government encouraged the growth of the IT and BPO sectors in the region leading to the establishment of several IT parks and business centers.
Today, Greater Noida is home to a diverse range of industries, including manufacturing, IT, BPO, and more. It is considered one of the major industrial hubs in the NCR region and continues to contribute to the economic development of the region.
The environmental impact of the industrial plots
The industrial plot in Greater Noida has had both positive and negative impacts on the environment.
On the positive side, the development of the industrial plot has contributed to the economic growth of the region and provided employment opportunities for local residents. It has also led to the development of infrastructure and amenities such as roads, electricity, and water supply, which have improved the quality of life for people living in the region.
However, the industrialization of the region has also had negative impacts on the environment. The presence of factories and industries has led to air and water pollution, as well as the degradation of natural habitats. The disposal of industrial waste has also caused environmental damage.
In recent years, there have been efforts to mitigate the negative environmental impacts of the industrial plot in Greater Noida. The government has implemented regulations and laws to control pollution and encourage the adoption of sustainable practices by industries. Additionally, many companies have implemented their own eco-friendly initiatives to reduce their environmental impact.
The role of the industrial plot in the local economy
The industrial plot in Greater Noida has played a significant role in the local economy. It has attracted numerous companies and industries to the region, which has created employment opportunities for local residents. This has contributed to the overall economic development of the region and has improved the standard of living for many people.
The industrial plots in Greater Noida have also generated revenue for the government through taxes and other fees. This revenue has been used to fund infrastructure projects and other development initiatives in the region.
In addition to providing employment and revenue, the industrial plot has also contributed to the growth of the local supply chain. Many small businesses have been able to prosper by providing goods and services to the companies and industries located in the region.
Overall, the industrial plot in Greater Noida has played a vital role in the local economy and has contributed to the growth and development of the region.