Noida Authority Approves New Master Plan 2041 for New Noida

In a significant move, the Noida Authority has given the green light to the draft Master Plan 2041 for New Noida, setting the stage for acquiring approximately 21,000 hectares of land. This visionary plan focuses on industrial growth within the Dadri-Noida-Ghaziabad Investment Region (DNGIR), where the development of New Noida is envisaged.

File photo
File photo

Growing Demand and Land Constraints in Noida: Initially established in 1976 as a satellite city of Delhi in Uttar Pradesh, Noida has experienced remarkable growth in recent years. What was once primarily farmland has transformed into a bustling urban landscape, accommodating both residential complexes and industrial ventures. However, this rapid expansion has led to a space crunch, making the emergence of a solution imperative.

The Need for Expansion: Greater Noida, established in the early 1990s, emerged as an independent city located around 30 km from Noida. This strategic move aimed to alleviate the burden on the original Noida city. Recognising the need for further expansion, the approval of the New Noida Master Plan was a crucial step taken during the 210th board meeting of the Noida Authority on August 13.

Industrial Emphasis and Key Features of Master Plan: The Master Plan for New Noida, meticulously crafted by the School of Planning and Architecture (SPA), lays out an ambitious blueprint. The forthcoming development is expected to include specialised economic zones catering to industries in the agricultural, food processing, and FMCG sectors. Additionally, plans encompass the establishment of a logistics hub, knowledge centres, integrated townships, and skill development facilities.

Allocation of Resources and Land Acquisition: To support this monumental endeavour, the Noida Authority has allocated Rs 1,000 crore for the current year. This financial commitment is directed towards land acquisition and internal development within New Noida. The ambitious land acquisition plans involve procuring agricultural land from 20 villages in Gautam Buddha Nagar and 60 villages in the neighbouring Bulandshahr district.

Balanced Land Allocation and Utilisation: The New Noida Master Plan has been thoughtfully designed to strike a balance between various land uses. According to officials, industrial zones are projected to occupy 40 per cent of the designated land, while residential purposes will cover approximately 13 per cent. A significant portion, 18 per cent, will be designated as green belts and recreational areas. The remainder of the land will be reserved for mixed-use and institutional purposes, ensuring a harmonious urban environment.

Addressing Stalled Projects: The Noida Authority board also deliberated on the recommendations of the Amitabh Kant committee regarding stalled projects. With around 2 lakh homebuyers awaiting relief, the committee suggested measures like a moratorium on developers' dues and the rationalisation of interest rates. While these proposals were discussed, further in-depth discussions are anticipated before reaching a conclusive decision.

Collaborative Decision-Making and Future Steps: The Noida Authority is committed to making well-informed decisions, evident in their plan to engage in extensive discussions regarding the Centre's panel report in Noida, Greater Noida, and Yamuna Expressway authorities. The ultimate goal is to craft a comprehensive report encompassing the authorities' observations, which will then be presented to the state government to chart the path forward.

As New Noida's Master Plan 2041 envisions a dynamic and industrially thriving future, it not only addresses the present challenges but also sets the groundwork for sustainable development in the years to come.