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The Greater Noida Industrial Development Authority (GNIDA) has proposed doubling the Floor Area Ratio (FAR) from 2 to 4 for IT, ITes, biotech, and data center land parcels, enabling construction of over 40 floors. The proposal, awaiting state approval, aims to make Greater Noida more competitive with NCR hubs like Gurugram and Delhi. It also permits commercial development on industrial land, fostering mixed-use growth. Supported by improved infrastructure such as a metro extension and the upcoming Jewar Airport, the plan aligns with CM Shri Yogi Adityanath's push for a digital and industrial revolution. The policy could attract major investments and generate thousands of jobs.
The Greater Noida Industrial Development Authority (GNIDA) has proposed to double the Floor Area Ratio (FAR) for a range of land parcels, a move aimed at attracting investments in IT, ITes, biotech, and data center sectors. The proposal has been sent to the Uttar Pradesh government for its final approval. Advertisement
The new policy, if approved, will increase the FAR from 2 to 4 and will allow builders to construct more than 40 floors in Greater Noida, a significant change from the current restrictions. The move is a strategic step to help the city compete with other National Capital Region (NCR) hubs like Gurugram and Delhi, which offer similar or higher FAR and have become a preferred destination for IT and tech firms.
The proposal also includes a provision for allowing the construction of commercial spaces on industrial land, which will help create a mix of residential and commercial spaces. This is a key part of the government's plan to make Greater Noida a more livable and sustainable city. The GNIDA has also been working to improve the city's infrastructure, with a new metro extension and the upcoming Jewar International Airport, which are expected to boost connectivity and attract more investments.
The move comes at a time when the Uttar Pradesh government, led by Chief Minister Shri Yogi Adityanath, is pushing for a digital and industrial revolution in the state. The government has set a target of attracting investments of INR 10 lakh crore in the next five years, and Greater Noida is seen as a key part of this strategy. The new policy is expected to create thousands of jobs and contribute to the state's economic growth.
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