Noida NMCR offers three commercial plots near Okhla Bird Sanctuary station

Noida Metro Rail Corporation (NMCR) has issued an expression of interest (EOI) for the commercial development of three plots toataling  44,151 sqm near Okhla Bird Sanctuary metro station. These plots, located close to high-rise buildings like Supertech's Supernova and educationn instituations like Amity University, are available for development. Currently, NMCR operates Aqca Line, which stretches 29.7 km from Sector 51 to Depot Station in Greater Noida. Since 51 to Depot Station in greater Noida. Since its lunched in Jan 2019, the line has experienced a notable increase in daily ridership, growth from 18,000 passengers in 2019 to 55,000 in 2024. The corporation said that it owns properties adjacent to the Okhla Bird Sanctuary metro station. In the EOI document, NMRC emphasised the need for sustainable project operation through innovative revenue strategies and project structuring. EOI process aims to attract experienced firms, developers, and institutions with proven expertise in commercial real estate development, including project management, financing, marketing, design, leasing, and management. The plots are designated for commercial use by the Noida Master Plan and Noida Building Byelaws 2010, with a lease period of up to 60 years from the execution date. Developers are expected to design buildings to last 100 years or more.

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