Special Developments Zones being Developed thru Greater Noida by Tida
Taj-Express Industrial Development Authority (TIDA) is all set to
develop a new township as special development zone (SDZ), along the
non-stop 165 km long Taj Expressway. TIDA has invited applications for
SDZ under open scheme. Land will be allotted in SDZ for core activities
that include IT, industries, biotechnology, service sectors, commercial,
residential and sports, according to the allocation policy. Explaining
more about the on-going scheme, P K Agarwal, deputy chief executive
officer, TIDA, says an application can be taken from the authority office
by depositing a bank draft for Rs 1 lakh. And, additionally, the applicant
has to pay Rs 1 crore, as security money, when submitting the duly filled
in form. An applicant will be called for interview on the basis of merit.
In the first phase of this project, from Greater Noida to Jewer, 35,000
hectare of land will be developed as special development zone. According
to allocation policy, SDZ is split into morethan-1000 hectare, and the
less-than-1000 hectare category.
Lalit Srivastava, chief executive officer, TIDA, says that the SDZ
is located between the Yamuna and GT Road. It will have much bigger
sectors compared to what places in Noida-Greater Noida can boast of.
The Taj Expressway Zone (TEZ) will be developed in three phases. In
phase one 35,000 hectare will be developed, which will stretch up to
Jewar. Large projects that can not be accommodated in Noida or Greater
Noida will come up here. There could, for instance, be an educational
project. But, it will have to
be large in area, say 1000 acres. This zone will include residential,
industrial, institutional and commercial area.
A number of such zones will come up all along the Taj Expressway right
up to Agra. The new TEZ authority comprises district Gautam Budh Nagar,
Mahamaya Nagar (Hathras), Matura, Aligarh and Agra. From Gautam Budh
Nagar to Agra, the TIDA area is spread over 1 lakh hectare. In TIDA
there will be 22 zones.
According to a survey, by 2011, Noida-Greater Noida will have 3,000
hectare of residential set-up, while industrial set-up will be spread
over 26,000 hectare. Land use break of 2011 states there will be 3 thousands
hectare of land use for residential, institutional, commercial, transportation
and SEZs. We have already started calling in infrastructure experts
and have drawn up a master plan for the area to which all constructions
in the area will now have to confirm, says Lalit Srivasta. According
to the Master Plan of Taj Express Zone, the mode of development will
priority based. Out of 35000 hectare, 35-40% of the area will be developed
for main activities like industry, IT-institutions, ware housing, transportation,
sports and assorted other industries services.
While the remaining area, except the green area, will be developed
for support activity like industrial, commercial and residential. According
to P K Agarwal, deputy chief executive officer, TIDA, the acquisition
of land for the Taj Expressway is being completed on a war footing.
All the land is likely to be handed over for construction by mid-January.
Work on the special development zone is likely to begin after the allotment.
The Greater Noida Industrial Development Authority (GNIDA) officials
are also manning it, in addition to their duties. There are plans to
take long-term loans from both GNIDA and Noida. With the Cabinet approval
of new airport in Greater Noida, lands rates in Jewar (the airport site)
have shot-up by ten times. GNIDA has earmarked 3500 hectare for an airport
(Taj International Aviation Hub). As the market rates were hiked considerably
in the last one year, government hiked the circle rates considerably
to check evasion of stamp duty.
For land acquisition, compensation will be distributed according to
district magistrate’ circle rates. Circle rates outside town area for
agriculture land is already sky rocketing. Rates jumped from Rs 10 lakh
to Rs 25 lakh, and from Rs 10 lakh to Rs 18 lakh. For Jewar town-area,
the hike is from Rs 18 lakh to Rs 56 lakh. This has resulted in an increase
in revenue collection. Rakesh Yadav, of Antriksh Housing and Construction,
says that before the announcement of the airport project a year ago,
agricultural land rates were between Rs 20,000 and Rs 40,000. Today,
the rates range between Rs 4 lakh and Rs 8 lakh.
TIDA is all set to
develop a new township
as special development zone (SDZ), along the Taj Expressway.
In TIDA there will be 22 zones, which will come up all along the Expressway
till Agra. According to a survey, by year 2011, Noida-Greater Noida will have
3,000 hectare of residential set-up, while industrial set-up will be
spread over 26,000 hectare.
Photo: View of Noida city from the Hilton Noida by Edmund Gall, licensed under CC BY-SA 2.0, via Wikimedia Commons.
