Its good news for Greater Noida as the city is gearing up to go greener. Greater Noida Industrial Development Authority is expected to implement the environment management plan (EMP), a comprehensive environment-friendly land-use strategy to protect the environs, and increase the ground coverage of recreational green areas in the city. Earth Infrastructures Ltd, a leading real estate company of Delhi NCR, said that the announcement has made the realty sector cheerful as people are now moving towards greener places to reside and to invest, making Greater Noida a profitable future investment.
On Tuesday, GNIDA issued a public notice for incorporating the revisions in its Master Plan-2021. It has invited suggestions and objections within 15 days.
The EMP has been approved only recently. “EMP will boost green spaces, recreational green playgrounds, and better streets and enhanced cultural participation. It will offer an inclusive plan for land use that takes into account the development of the city for over the following two decades,” said the official spokesperson of Earth Infrastructures Ltd.
Apart from the green plan, GNIDA also proposes to revise its building bylaws to enhance it’s per person per hectare density of the planned population of the city. The proposal is to allow an increase in ground coverage in recreational green category of land in the city.
PC Gupta, additional CEO of GNID, said after the approval from all stakeholders, they will allow ground coverage of 25% instead of the earlier 20% in projects coming up in recreational green areas of Greater Noida. "Considering we have earlier allowed a 0.5 enhancement in floor area ratio (FAR) along the Metro corridors to give realty a boost, there is a corresponding need to increase the ground coverage, which is what we have now revised," he added.
Another amendment in the Master Plan envisages allowing abadi plots for farmers in land parcels other than those designated for residential use. "Following directions of the Supreme Court, GNIDA is supposed to distribute enhanced compensation of 64.7% for land acquired and 10% developed plots in lieu of abadi land to farmers," said Gupta.
On Tuesday, GNIDA issued a public notice for incorporating the revisions in its Master Plan-2021. It has invited suggestions and objections within 15 days.
The EMP has been approved only recently. “EMP will boost green spaces, recreational green playgrounds, and better streets and enhanced cultural participation. It will offer an inclusive plan for land use that takes into account the development of the city for over the following two decades,” said the official spokesperson of Earth Infrastructures Ltd.
Apart from the green plan, GNIDA also proposes to revise its building bylaws to enhance it’s per person per hectare density of the planned population of the city. The proposal is to allow an increase in ground coverage in recreational green category of land in the city.
PC Gupta, additional CEO of GNID, said after the approval from all stakeholders, they will allow ground coverage of 25% instead of the earlier 20% in projects coming up in recreational green areas of Greater Noida. "Considering we have earlier allowed a 0.5 enhancement in floor area ratio (FAR) along the Metro corridors to give realty a boost, there is a corresponding need to increase the ground coverage, which is what we have now revised," he added.
Another amendment in the Master Plan envisages allowing abadi plots for farmers in land parcels other than those designated for residential use. "Following directions of the Supreme Court, GNIDA is supposed to distribute enhanced compensation of 64.7% for land acquired and 10% developed plots in lieu of abadi land to farmers," said Gupta.
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