No takers, scheme for business plots in Noida extended

With no takers for land in its area, Noida Authority has delayed the auction of commercial land for large and small category 27 plots till December. The Authority has also extended its group housing scheme of six plots in sectors 146 and 147 launched earlier this month.Bidding of these plots for commercial use by consortiums, investors and entrepreneurs will kick-start at a whopping Rs 1025 crore for the 64,500 meters plot. According to officials, a total of 12 large commercial plots ranging in size from smallest at 6046 square meters to largest at 64,500 square meters were announced for bidding last month.

Read more: Economic Times