Authority boosts infrastructure push with higher land rates and record budget allocation focused on land acquisition and industrial growth.
March 20, 2026 | 09:45 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 massive ₹11.82 lakh crore budget for the financial year 2026–27.
The meeting was chaired by Alok Kumar, Chairman of the Authority and Additional Chief Secretary, Industrial Development Department. Chief Executive Officer and Member Secretary Rakesh Kumar Singh presented multiple agenda items, leading to key decisions focused on strengthening infrastructure, streamlining land allocation, and enhancing financial planning.
Land Rate Revision and Policy Framework
The Board approved a 3.58 percent increase in allotment and bid rates across residential, commercial, institutional, and industrial categories. The revision has been aligned with inflation trends to maintain financial sustainability while ensuring continued infrastructure investment.
To further rationalize pricing, two committees have been constituted. One committee will determine transport land use rates, while another will finalize rates for multiple land use categories. These committees will include officials nominated by Noida and Greater Noida authorities and are expected to submit their reports in the next Board meeting.
The revised rates will come into effect from April 1, 2026.
₹11.82 Lakh Crore Budget and Financial Projections
The Board also approved the proposed budget for FY 2026–27, with total receipts estimated at ₹1,182,969.19 lakh. Major contributions are expected from allottees at ₹775,066.52 lakh, followed by loans and advances at ₹290,050 lakh, and other revenue receipts at ₹117,848.67 lakh.
On the expenditure side, ₹800,000 lakh has been allocated for land acquisition, reflecting a strong push to expand the land bank. Development and construction works have been earmarked ₹201,193.46 lakh, while loans and advances stand at ₹70,518 lakh. These allocations indicate a focused approach toward infrastructure development and urban expansion.
Focus on Industrial Growth and Investment
The decisions highlight a strategic push to position the Yamuna Expressway region as a major investment hub. The combination of a modest rate hike and a significantly higher budget allocation is expected to facilitate large-scale industrial and urban development.
With improving connectivity and upcoming projects, the Authority aims to attract investments and ensure efficient resource utilization. The approved roadmap is expected to accelerate development activities and strengthen the region’s economic potential.
