Noida Authority will start acquiring land for New Noida, the decision being taken in its board meeting on Saturday, days after the state govt cleared the master plan for the new city.
Conceptualised as DNGIR (Dadri Noida Ghaziabad Investment Region), New Noida will be built across around 20 villages of GB Nagar and 60 of Bulandshahr, which will make it identical in size to Noida city.
Noida’s saturation led to the state govt drawing up an expansion plan to accommodate investments that have been flowing into NCR, with UP hoping to see a windfall because of Noida International Airport in Jewar, which is poised for launch next April.DNGIR area has been identified as one of the new investment regions in the first phase of the Delhi Mumbai Industrial Corridor (DMIC), which will be implemented in phases with the development of supporting infrastructure. DNGIR is also part of the Western Dedicated Freight Corridor, which supports DMIC as a transport link and connects the NCR areas of UP with the industrial belts of Haryana.
New Noida will come up in four phases – the first one across 3,165 hectares by 2027. Between 2027 and 2032, another 3,798 hectares will be developed, followed by 5,908 hectares by 2037 and 8,230 hectares by 2041. Of the total land, 40% is designated for industries.
