te Wow! A new Noida coming soon! 80 villages along this Corridor set to get developed as per proposal | Zee Business

Wow! A new Noida coming soon! 80 villages along this Corridor set to get developed as per proposal

There is a big news for the residents of Noida, Ghaziabad and Bulandshahr as a satellite city in the form of Dadri-Noida-Ghaziabad-Investment Region will soon become a reality. 

Wow! A new Noida coming soon! 80 villages along this Corridor set to get developed as per proposal
Noida Authority CEO Ritu Maheshwari confirmed that the authority has been given the proposal to develop 80 villages between Greater Noida and Bulandshahr. Source: PTI

There is a big news for the residents of Noida, Ghaziabad and Bulandshahr as a satellite city in the form of Dadri-Noida-Ghaziabad-Investment Region will soon become a reality. This region will be developed in Bulandshahr area close to Greater Noida. In fact, the responsibility to develop 80 villages near the Delhi-Mumbai Industrial corridor is being given to Noida Authority. The move is to help Nodia Authority with the issue of crisis of land and on the other side, these villages will be developed with much greater speed.  

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As Noida Authority has been given the responsibility to develop 80 villages along side Delhi-Mumbai Industrial Corridor (DMIC), the authority is already talking to other departments in this regard.  

Noida Authority CEO Ritu Maheshwari confirmed that the authority has been given the proposal to develop 80 villages between Greater Noida and Bulandshahr.  

"The authority will develop these villages, which will come under Noida. This will expand the area under Noida," Ritu Maheshwari said. As per the Authority, there is huge scarcity of land in Noida. This proposal becomes very crucial in this context. Delhi-Mumbai Industrial Corridor (DMIC) is ambitious industrial project of the central government. This project has been jointly started by India and Japan to develop a massive industrial area. This corridor will pass through seven states—Delhi, Uttar Pradesh, Haryana, Rajasthan, Gujarat, Maharashtra and Madhya Pradesh.  

Earlier, Noida has sought land from Greater Noida Development Authority and Yamuna Expressway Development Authority. Infact, Greater Noida Development Authority and Yamuna Expressway Development Authority owes Rs 5,000 crore and Rs 25,00 crore to Noida. The land was sought against the debt by these authorities, however, they denied it claiming interference of Noida Authority in their respective jurisdictions.  

This had put Noida Development Authority in great fix as it was unable to execute any industrial or housing projects due to the scarcity of land. Now, that the Noida Authority have been given 80 villages of Bulandshahr, it can execute its projects with much ease.
 

Reported By: Ambarish Pandey
Written By: Ambarish Pandey
Edited By: Harish Dugh
Updated: Sat, Jan 30, 2021
03:40 pm
Patna, ZeeBiz WebDesk
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