Noida Authority sells 149 plots in FY24, gets Rs 1.03 lakh crore of investment commitments Moneycontrol.com
The Noida Authority sold 149 plots in FY24 and secured Rs 1.03 lakh crore of investment commitments from the buyers for various projects to be developed on these properties, officials said. The plots were allotted to companies from sectors including housing, IT/ITES, industrial, and commercial. The officials said the target for the financial year was to get investment commitments of Rs 90,000 crore. The Authority has compiled a report on the investment proposals received and those that materialised in FY24 and has sent it to the Uttar Pradesh government. According to the officials, the state government plans to hold a groundbreaking ceremony soon to officially launch these projects.
