With the slogans 'Delhi is too crowded' or `NOIDA is overpriced' hanging on the poles, GREATER NOIDA is one of the best available options with the people wanting to live in this region. Lush green surroundings and pollution free environment, what else a person can ask for!
With the limited space in Delhi and adjoining places, Greater Noida has emerged as an alternate destination for the people who are unable to find ample housing options in Delhi and adjoining cities of Noida, Gurgaon, Faridabad and
Ghaziabad. The city has fast emerged as a substitute abode to rapidly swelling populace of the NCR. Developmental works are undertaken by the Greater Noida Industrial Development Authority (GNIDA).
Commercial activities are currently concentrated within the suburban locations of Gurgaon and Noida, the peripheral locations of Manesar and Greater Noida are being looked at as the next big destinations. Reduced commuting time, lower cost of real estate and development of infrastructure projects are other factors that are drawing an increasing number of entrepreneurs and investors in this region.
After Gurgaon and Noida it is Greater Noida, which is calling the shots. The movement by IT and ITeS majors coupled with manufacturing industrial players and proposed large-scale projects like SEZ, night safari, has boosted up the land prices in the Greater Noida belt. Land prices have jumped to as high as Rs 20,000-22,000 per sq metre currently from just about Rs 4000-4500 in 1999-2000, an increase of almost 400% over the last six years.
Noida and Greater Noida are turning as prestigious hub for higher education, the reason being attributed to the proximity to the national capital and infrastructure provided by the respective authorities. The city has the potential to be a centre of excellence in science and technology in near future. Greater Noida has the knowledge park that spreads over 1,400 acres and many well-known institutes as well, like Birla institute of management, Defence Institute of management and many more. The GNIDA has allotted 150 plots for the institutes ranging from schools to engineering and management institutes.
Greater Noida is fast developing as an industrial hub. The coming up of some IT, textile and multiproduct SEZs has also contributed their part in making it as a superior hub. According to market experts, development of infrastructure projects is another factor that is drawing an increasing number of eyeballs in Greater Noida like Asian Paints, Honda Power Products, Honda Siel Cars India Ltd, Moser Baer are already there. Many more national and international giants are planning to set up their base in Greater Noida.
With the imperatives of growth and development, the problems of cities in the proximity of Delhi in National Capital Region have become complex. Just a half hour drive from Delhi and you enter in an uncongested, pollution-free environment with world Jass facilities for better living. It is being developed on 20,000 hectares with wide roads, underground cabling and drainage system; the city offers amenities and infrastructural facilities of international standards. The residents will get the CNG supply by the next year. Here twenty five percent of the open area is reserved for green cover, which ensures good health.
INFOTECH AND BIOTECH PARK
The Information Technology (IT) industry is expected to be the engine for economic growth and social development for a long time to come, several policies and procedures have been put into place for promoting these industries and encouraging them to come to Greater Noida. The GNIDA is providing the world-class infrastructure to cater to the specific needs of IT industry. A project for setting up a world-class Biotech Park at Greater Noida has been initiated. This park is proposed to be spread over 100 acres and would cost around Rs. 31 crores.
The authority is keen to make the area an experience to live with. End number of marts, world-class commercial complexes, transport hub, expressway, airport, etc are coming up in the region to enhance the facility for the people living and even thinking to live in the region.
Based on the pattern of International marts, Export Promotion Council for handicrafts is planning for India's first state of the art Exposition mart for Cottage and Handicraft sector.
Taj Expressway is an extension of this 6 lane Expressway from Noida to Greater Noida upto Agra. The Taj Expressway would provide direct access to the Taj Economic Zone, International Airport and Aviation Hub proposed to be constructed along the Taj Expressway. It will also ease the heavy traffic on Delhi-Agra NH2.
METRO EXTENSION- IMPROVED TRANSPORT FACILITY
After the initiatives of concerned authorities and Government, Metro rail has been approved for Noida and Greater Noida. This will enhance the growth of the region. Delhi Metro Rail Corporation (DMRC) has made its way to Noida and if all goes well, will be ready before the Common-wealth games in 2010. There are possibilities of connecting Noida and Greater Noida through monorail by June 2009.
TAJ INTERNATIONAL AIRPORT
International Airport hub has been planned close to Greater Noida city to facilitate tourism, cargo, aviation and non-aviation facilities.
Twenty acres of land is allotted by GNIDA to Caparo Group Ltd for setting up a Socio- Cultural Centre, which will foster cultural, social, academic and business related programmes for exchange of ideas arid fostering of human relationship.
The proposed transport hub would spread over an area of 600 acres. It will function as a major transfer point for rail transit operations. The site identified for the integrated Transportation Hub is the existing Boraki Railway Station. Further the hub will be combined with vehicle parking. Warehousing, pedestrian information
GNIDA is planning to develop a prestigious project of Night Safari on the lines of open Zoological gardens already established in China and Singapore. This is in order to create awareness about environment and ecology along with a source of recreation to residents and spur tourism. GNIDA has planned this unique concept so that visitors can view the animals at the night in the open wilderness.
Earlier there were power shortages, but with the coming of Reliance's Dadri Power Project in coming years the power shortage problem would automatically be solved. As there would be abundant power in the area.
Greater Noida has reached the saturation point as per earlier plan. But the growth and expansion, once started, can't be stopped. The way people are looking at Greater Noida for housing options, as there is hardly any space left in Delhi or NOIDA, authorities in Greater Noida has left with no option but to start phase II for housing schemes.
The Authorities have already started acquiring land for new housing as well as commercial schemes.
World city where the grass is greener, the roads wider, the air cleaner, where
power cuts are unheard of and proactive governance is a way of life. No delays,
no congestion, no problems. The administration in GNIDA is so effective and ingenious
that actually a project takes shape prior to its execution and in fact projects
usually start way ahead of their schedule. A city with ultra modern infrastructure
is waiting for you. Come; be the witness to a glorious partnership of industry
with nature, life with lifestyle and administration with enterprise.