Greater Noida authority expects Rs 139 crore from the auction of plots for mall and hotel

Greater Noida Industrial Development Authority (GNIDA) is expected to attract revenue of Rs 139 crore through the auction of nine commercial plots.

The development potential of the land is 31,328 square metre and companies will be allowed to build mall, office complex or hotel.

The plot size ranges from 1200 sq metre to 7455 sq metre and the reserve price for it ranges from Rs 44,250 sq metre to Rs 46,190 sq metre.


“Interested companies can download the application form from the website of the authority till October 8 and last date to submit the application is October 12th. The auction will take place of October 23,” said a authority spokesperson.