MU Greater Noida, Greater Noida

The Greater Noida authority has approved a 3.58% increase in property circle rates, aligning with the Cost Inflation Index to encourage investment. Additionally, a proposal for a 37-km road connecting Greater Noida to the Ganga Expressway has been cleared, promising seamless connectivity to western Uttar Pradesh and reducing travel time.

GNIDA has approved a six-month pilot of 15 electric buses on four feeder routes linking key residential and business hubs to the Noida International Airport (Jewar). The service, costing ₹1.8 crore, is expected to improve connectivity to the new airport, which begins commercial operations on June 15.

The recent inauguration of the 594-km Ganga Expressway is expected to significantly enhance connectivity and drive real estate growth in Greater Noida and Meerut. Industry leaders anticipate this infrastructure development will lead to a 30-40% appreciation in property values in markets connected to the Yamuna Expressway and Noida International Airport

GNIDA has issued a final warning to property allottees who have not completed registry or started construction on their plots for over two decades. Extensions have been granted until October 30, 2024, for registry and June 30, 2026, for construction, after which allotments may be cancelled.

The Greater Noida Authority has approved an annual budget of ₹5,597 crore for FY 2025-26, with significant allocations for land acquisition and infrastructure development. Key projects include an elevated road in Greater Noida West to ease traffic congestion, reflecting a commitment to balanced urban expansion and improved public services.

The Uttar Pradesh Government has proposed unified building rules for Noida, Greater Noida, and Yamuna Expressway Industrial Development Authority (YEIDA). The draft links Floor Area Ratio (FAR) to road width, relaxes setbacks and parking norms, and aims to create a common regulatory framework across industrial authorities. This aims to simplify compliance and enforcement,

Hero Realty has entered the Greater Noida market by acquiring an 18,215 sqm land parcel in Sector MU through an auction by the Greater Noida Industrial Development Authority. The acquired site offers strong connectivity to the Noida–Greater Noida Expressway and key institutional hubs, expected to boost long-term investment potential and property values.

The Haryana Government has approved the final alignment for the Greater Noida-Faridabad-Gurugram Regional Rapid Transit System (RRTS) Project, a 64 km infrastructure development with integrated RRTS-metro hubs and six additional stations, requiring an estimated investment of Rs 150 billion. Corridor will integrate with Delhi Metro, Rapid Metro and Gurugram Metro.