March 20, 2026 | 09:30 PM
Greater Noida witnessed key policy decisions aimed at accelerating regional development as the 89th Board Meeting of the Yamuna Expressway Industrial Development Authority approved a 3.58 percent increase in land allotment rates and a comprehensive budget of ₹11.82 lakh crore for the financial year 2026–27.
The meeting was chaired by Alok Kumar, Chairman of the Authority and Additional Chief Secretary, Industrial Development Department. Various agenda items were presented by Chief Executive Officer and Member Secretary Rakesh Kumar Singh, with the Board taking multiple decisions to strengthen infrastructure, streamline land allocation, and enhance financial planning.
Land Rate Revision and Policy Measures
The Board approved a marginal increase of 3.58 percent in allotment and bid rates across residential, commercial, institutional, and industrial categories. The revision aligns with prevailing inflation trends and aims to ensure financial sustainability while continuing investments in infrastructure development.
To rationalize pricing structures further, two committees have been constituted. One committee, chaired by the Additional Chief Executive Officer (SB), will determine transport land use rates, while another committee under the Additional Chief Executive Officer (M) will finalize rates for multiple land use categories. Officials nominated by Noida and Greater Noida authorities will also be part of these committees.
The committees are expected to submit their reports in the next Board meeting, after which final approvals will be granted. The revised rates will come into effect from April 1, 2026.
₹11.82 Lakh Crore Budget for FY 2026–27
The Board also approved the proposed budget, outlining detailed projections for receipts and expenditures. Total receipts for FY 2026–27 are estimated at ₹1,182,969.19 lakh, reflecting a significant increase compared to previous projections.
Major revenue sources include receipts from allottees, projected at ₹775,066.52 lakh, along with loans, advances, and other sources estimated at ₹290,050 lakh. Other revenue receipts are expected to contribute ₹117,848.67 lakh, indicating diversified income streams for the Authority.
On the expenditure side, a major allocation of ₹800,000 lakh has been earmarked for land acquisition, highlighting the Authority’s focus on expanding its land bank. Development and construction works have been allocated ₹201,193.46 lakh, while loans and advances account for ₹70,518 lakh. These allocations underline a strong emphasis on infrastructure expansion and planned urban development.
Focus on Industrial Growth and Investment
The decisions taken during the meeting reflect a strategic push to position the Yamuna Expressway region as a major investment hub. The modest increase in land rates, coupled with a substantial budget allocation, is expected to facilitate large-scale industrial and urban development.
With ongoing infrastructure projects and improved connectivity, the Authority aims to attract investments and ensure efficient utilization of resources. The approved roadmap is expected to accelerate development activities and strengthen the region’s role as a key driver of economic growth.
