Greater Noida Industrial Development Authority (GNIDA) increased land allocation rate by 5.30% for 2024-25 fiscal year due to ongoing projects.
Greater Noida Industrial Development Authority (GNIDA) approved a 5.30% land allocation rate increase for the 2024-25 fiscal year. This decision was made due to ongoing developmental projects such as the Greater Noida West Metro, Multimodal Logistics Hub, and Transport Hub. The new rates will take effect from April 1, and the board also revised the one-time lease rent payment scheme.
June 15, 2024
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