After more than 14 years, the three development authorities of Gautam Budh Nagar — Noida, Greater Noida, and Yamuna Expressway — have resumed work on a unified policy on land allocations across various categories, be it industrial, group housing or commercial.
The plan was initiated in 2010, aiming to streamline eligibility criteria, lease terms, rent structures, and procedural formalities across the authorities. Last month, talks resumed on the unification of policies at a board meeting of Greater Noida Authority chaired by chief secretary Manoj Kumar Singh. A document — Unification of policies of Noida, G Noida & YEIDA — was presented to him.
If adopted, the proposal promises to create a standardised regulatory framework for industrial land allocations and facilitate a more consistent and transparent process for businesses and investors.
The need for a unified approach was felt a decade and a half ago as the three authorities struggled to maintain clear and consistent policies for industrial land allotments. Over the years, the allotment criteria changed multiple times. Finally, they settled for objective-based criteria. The unified policy proposal is now awaiting approval from the boards of all three authorities.
