24 March 2026, Noida.
A key meeting was held between the Noida Entrepreneurs Association and Noida Authority Chief Executive Officer Krishna Karunesh at the Sector 6 boardroom to discuss various industrial issues. During the meeting, association president Vipin Kumar Malhan presented multiple concerns faced by industrial units, especially after the implementation of Unified Regulation 2025. He highlighted that recent policy changes have led to a sharp increase in financial burdens on industries, including higher penalties, transfer charges, and time extension fees. The association emphasized the need for policy revisions to ensure a more business-friendly environment and to support industrial growth in the region.
Concerns Over Increased Charges and Policy Changes
The association pointed out that penalties of ₹500 per day for changes in shareholding or directors are excessively high and should be reduced to ₹100 per day. It also raised objections to the increase in transfer charges for industrial plots from 4 percent to 10 percent, stating that such a steep hike would negatively impact investments. Additionally, the reduction of the construction and operational timeline for industrial units from 11 years to 5 years was flagged as impractical, given delays in approvals, environmental restrictions, and procedural requirements. The association requested an extension period for units unable to meet the new deadlines.
Lease Rent, Certification, and Administrative Issues
Entrepreneurs suggested that lease rent should be calculated on a per square meter basis rather than as a percentage of plot value, as the current method increases costs significantly under e-auction pricing. They also objected to the repeated demand for no-dues certificates even after one-time lease payments have been cleared. Furthermore, it was proposed that approvals for project modifications should be handled at the departmental level instead of being escalated to higher authorities, which causes delays.
Other Key Issues Raised by Entrepreneurs
Several additional concerns were discussed, including long-pending land disputes in Sectors 65 and 67, mismanagement in vendor zones, damaged roads, and disruptions caused by high-power network jammers near industrial areas. The association also demanded the removal of CIC charges in cases of conversion from private limited companies to LLPs, arguing that such changes are legal restructurings rather than ownership transfers. Issues related to occupancy and operational certification processes were also highlighted, with a request to simplify procedures for existing operational units.
Authority Assures Review and Action
Responding to the concerns, CEO Krishna Karunesh assured that several issues would be reviewed and necessary amendments would be considered. Some matters will be placed before the upcoming board meeting, while others will be addressed at the departmental level. Officials were instructed to ensure that entrepreneurs are not unnecessarily harassed and that processes are streamlined for efficiency. Immediate action was also promised on certain operational concerns, while legal matters will be examined with expert consultation.
The meeting was attended by NEA General Secretary V.K. Seth, Treasurer Sharad Chandra Jain, Vice President Mohd Irshad, Secretary Rajan Khurana, and other office bearers along with industry representatives.
The discussion is seen as an important step toward strengthening collaboration between industry stakeholders and the authority, with the aim of creating more practical and industry-friendly policies in Noida.
