In a landmark initiative, the New Okhla Industrial Development Authority (NOIDA) has unveiled its latest commercial plot scheme for the fiscal year 2024-25, aimed at boosting economic development and offering prime commercial real estate opportunities in the heart of Noida. This scheme, known as Builder Plot-III (Scheme Code: 2024-25), targets businesses, investors, and developers looking for a strategic location to establish or expand their operations in the National Capital Region (NCR).
Prime Location – Sector 25A, Noida
The new commercial plot scheme is located in Sector 25A, Noida, a prominent area well-connected to key infrastructure and commercial hubs. The location provides several distinct advantages for businesses:
- Opposite Noida Stadium Near ADOBE: Proximity to major landmarks such as the Noida Stadium, making it an ideal choice for businesses looking for visibility and accessibility.
- Adjoining Master Plan Road 2: Excellent road connectivity with one of the main arterial roads, ensuring smooth transportation for businesses and customers alike.
- NCR’s Strategic Location with Superfast Connectivity: The plots offer excellent connectivity to the entire National Capital Region (NCR) via expressways and highways, making it easy to reach neighboring cities such as Delhi, Gurgaon, and Ghaziabad.
- Nearest Metro Station – Noida City Centre: Public transportation is readily available with the nearest metro station at Noida City Centre, providing convenience for employees and customers alike.
- Near ISKCON Temple: Proximity to cultural landmarks such as the ISKCON temple, which adds to the appeal of the location and increases foot traffic to the area.
Key Plot Details
The scheme offers 8 premium commercial plots in Sector 25A. Below are the key details of the available plots:
| Plot No. | Area (in Sq. Mtrs) | F.A.R./Ground Coverage | Total Reserve Price (Rs.) | Earnest Money Deposited (Rs.) |
|---|---|---|---|---|
| CC-11 | 17,645 | 4.4545% | 3,28,72,28,210 | 32,87,22,821 |
| CC-12 | 17,645 | 4.4545% | 3,28,72,28,210 | 32,87,22,821 |
| CC-13 | 17,845 | 4.4545% | 3,29,78,83,198 | 32,97,88,320 |
| CC-14 | 23,160 | 4.4545% | 4,45,79,89,892 | 42,57,98,916 |
| CC-15 | 25,572 | 4.4545% | 4,88,52,63,983 | 46,85,26,398 |
| CC-16 | 25,572 | 4.4545% | 4,88,52,63,983 | 46,85,26,398 |
| CC-17 | 25,572 | 4.4545% | 4,88,52,63,983 | 46,85,26,398 |
| CC-18 | 22,780 | 4.4545% | 4,19,08,67,180 | 41,90,86,718 |
Application and Bid Submission Process
The scheme will be officially open for applications starting on 22nd October 2024. Prospective applicants are required to complete the bid submission process by 22nd November 2024, up to 5:00 PM. Here are the critical steps for participation in this scheme:
- Registration: Interested participants must register and obtain a user ID and password on the NOIDA e-tender portal at https://noida.etender.sbi.
- Non-Refundable Fees: Upon registration, participants are required to deposit a non-refundable application fee of Rs. 5,00,000 + 18% GST along with the Earnest Money Deposit (EMD) for each plot of interest.
- E-Auction Process: Once registered, participants can proceed with the e-auction process. The auction will be conducted online with the bid submission window opening on 29th October 2024. The last date for online payments or any form of submissions is 19th November 2024.
- EMD Requirement: A separate EMD needs to be deposited for each plot that the participant is interested in, ensuring a transparent bidding process.
- No Late Payments: NOIDA will not accept any late payments after the bid submission deadline. Submissions beyond this deadline will be invalid.
Strategic Investment Opportunity
This scheme presents a lucrative investment opportunity for businesses and developers who seek to establish a foothold in one of NCR’s most sought-after commercial zones. With unparalleled connectivity, proximity to key landmarks, and a transparent bidding process, these plots offer excellent potential for future growth and profitability.
How to Access More Information
Interested individuals or companies can access more detailed information by visiting the official NOIDA website at http://www.noidaauthorityonline.in or by contacting NOIDA directly through the following numbers: 8447075706, 9158103972, and 9502151499. Email inquiries can be sent to: commercial@noidaauthorityonline.com.
This scheme aligns with the broader development goals of the Uttar Pradesh government, led by Chief Minister Yogi Adityanath, with a focus on boosting infrastructure, industrial development, and urban growth in the region. Minister Nand Gopal Gupta ‘Nandi’, the Minister of Industrial Development, also plays a pivotal role in driving these initiatives forward, ensuring that Noida remains a hub for commercial and industrial growth.
Key Benefits at a Glance:
- High Visibility Location: Opposite Noida Stadium and near ISKCON Temple.
- Metro Connectivity: Easy access to Noida City Centre Metro Station.
- Prime Commercial Plots: Strategically located in a rapidly developing area.
- Transparent Auction Process: Fair and easy participation for all.
Investors should seize this opportunity to become a part of Noida’s growing commercial landscape, with all the benefits of NCR’s infrastructure and future growth potential.
Frequently Asked Questions (FAQ) – NOIDA Commercial Plot Scheme 2024-25
1. What is the NOIDA Commercial Plot Scheme 2024-25 (Builder Plot-III)?
The NOIDA Commercial Plot Scheme 2024-25 (Builder Plot-III) is a government-initiated scheme offering prime commercial plots in Sector-25A, Noida. The plots are meant for businesses and developers looking to establish or expand their commercial operations in one of NCR’s most strategic locations.
2. Where are these commercial plots located?
The plots are located in Sector-25A, a prime area in Noida. The plots are positioned opposite the Noida Stadium, near key landmarks like the ADOBE building, ISKCON Temple, and are easily accessible from Noida City Centre Metro Station.
3. What is the size range of the commercial plots available under this scheme?
The size of the plots ranges from 17,645 sq. meters to 25,572 sq. meters, offering flexibility for different commercial requirements.
4. What are the key dates for the scheme?
- Date of Opening of Scheme: 22nd October 2024
- Start Date of Bid Submission: 29th October 2024
- Bid Submission End Date & Time: 22nd November 2024 (up to 5:00 PM)
5. How can I participate in the bidding process?
To participate in the bidding process, you need to:
- Register on the NOIDA e-tender portal at https://noida.etender.sbi.
- Obtain a user ID and password.
- Submit the non-refundable application fee of Rs. 5,00,000 + 18% GST.
- Deposit the Earnest Money Deposit (EMD) for each plot you are interested in.
The bidding will take place through an online e-auction system.
6. What is the Earnest Money Deposit (EMD) for the plots?
The EMD varies depending on the plot size. For instance:
- For plot CC-11 and CC-12, the EMD is Rs. 32,87,22,821.
- For plot CC-16, the EMD is Rs. 46,85,26,398.
Each plot has a corresponding EMD that needs to be deposited separately for participation.
7. Is the application fee refundable?
No, the application fee of Rs. 5,00,000 + 18% GST is non-refundable.
8. What is the mode of the bidding process?
The bidding process will take place online via e-auction. All interested participants must complete their registration and submit their bids electronically by the specified deadline.
9. What are the payment options available?
Payments are to be made online through the NOIDA e-tender portal. Any payments made after the deadline (19th November 2024) will not be accepted, and the bidder’s participation will be invalid.
10. Who can I contact for more information?
For more information, you can visit the NOIDA Authority’s official website at http://www.noidaauthorityonline.in or contact the following numbers:
- 8447075706
- 9158103972
- 9502151499
You can also send email inquiries to: commercial@noidaauthorityonline.com.
11. Are there any restrictions on who can apply?
There are no specific restrictions mentioned, but interested participants should carefully review the scheme guidelines on the e-tender portal before applying to ensure compliance with any rules or eligibility criteria.
12. What happens if I miss the bid submission deadline?
NOIDA Authority will not accept any bid submissions after 22nd November 2024, 5:00 PM. Late submissions will be automatically disqualified, and any payments made post-deadline will not be refunded.
13. What are the benefits of investing in Sector 25A, Noida?
Sector 25A is strategically located in Noida with excellent connectivity and access to key infrastructure. The area is near prominent landmarks such as the Noida Stadium, Metro Station, and ISKCON Temple, making it ideal for businesses looking for visibility, accessibility, and growth potential.
14. Is there any assistance provided for the e-auction process?
Yes, participants can reach out to the NOIDA Authority for assistance with the e-auction process through the provided contact details or by visiting the official website.
