Noida, December 24, 2025:
The Noida Authority has achieved a significant milestone in its industrial development drive after successfully conducting an e-auction for industrial plots under its financial year 2025–26 scheme, generating substantial additional revenue and attracting leading business houses from across the country.
According to an official press note issued on December 24, the Authority had launched the industrial plot scheme titled *Noida/IP/e-Auction/2025-26/01* for the allotment of industrial land. Under this scheme, a total of 10 industrial plots were offered for allocation through an e-auction process conducted via the HDFC Bank portal. The e-auction was completed on December 23, 2025.
The scheme witnessed an overwhelming response from investors, reflecting strong confidence in Noida as a preferred industrial destination. Against the 10 industrial plots on offer, as many as 214 applications were received. Out of these, 170 eligible applicants actively participated in the competitive e-auction process and placed bids with considerable enthusiasm.
The Authority stated that the total reserved price of the 10 industrial plots was approximately ₹49.27 crore. However, due to intense competition among bidders, the final bids reached a cumulative amount of ₹173.29 crore. As a result, the Noida Authority is set to earn an additional revenue of around ₹124.02 crore over and above the reserved price, marking a major financial gain for the Authority.
Senior officials described the outcome of the e-auction as a clear indication of the growing industrial appeal of Noida, driven by robust infrastructure, strategic location, and investor-friendly policies. The strong bidding response also underlined the effectiveness of the transparent e-auction mechanism in ensuring fair valuation of industrial land.
Several prominent companies emerged as successful bidders by quoting the highest bids for the industrial plots. These include well-known corporate entities such as M/s Haldiram Snacks Pvt. Ltd., M/s MIR Handicrafts Pvt. Ltd., M/s Ashoka Dry Fruit Mart, M/s Ambica Enterprises, M/s Nelumbo Technologies Pvt. Ltd., M/s SRX Merchants, M/s Nexaum Energy Pvt. Ltd., M/s D & Grandsons Engg. Pvt. Ltd. and M/s OPPL TELN SPV Pvt. Ltd. The participation and success of these established enterprises further reinforce Noida’s standing as a hub for industrial investment.
Officials noted that the successful allotment of these industrial plots is expected to have a far-reaching economic impact on the region. Once the proposed industrial projects are established on the allotted land parcels, the total investment in the Noida region is estimated to be around ₹600 crore. This influx of capital is likely to significantly strengthen the local industrial ecosystem and contribute to sustained economic growth.
In addition to boosting investment, the projects proposed on these plots are expected to generate substantial employment opportunities. The Authority estimates that nearly 2,200 direct and indirect jobs will be created once the industrial units become operational. This is expected to provide a major boost to local employment, benefiting skilled, semi-skilled and unskilled workers alike.
The Noida Authority reiterated that industrial development remains a key focus area, and such transparent and competitive e-auction processes are central to its strategy of promoting planned growth. By ensuring that industrial land is allocated to serious investors with the capacity to develop projects in a time-bound manner, the Authority aims to prevent speculative holding of land and encourage productive utilisation.
Officials also emphasised that the success of the current e-auction will serve as a benchmark for future industrial land allotment schemes. The Authority plans to continue offering industrial plots through digital platforms to maintain transparency, efficiency and investor confidence.
The latest e-auction outcome, with record bidding and participation from reputed companies, reflects the sustained momentum of industrialisation in Noida. With rising investments, growing employment prospects and increasing interest from leading enterprises, the city continues to strengthen its position as a major industrial and economic centre in the region.
