Noida YEIDA completes 1400 registries for industrial plots

The Yamuna Expressway Industrial Development Authority (YEIDA) has executed 1,400 registries out of the 3,040 industrial plots allotted so far. The increasing interest in completing registries has been driven by the development of the upcoming Noida International Airport, which has significantly boosted the region's appeal. Officials said that over 1,200 of these registries were executed in the past one-and-a-half years alone. With these formalities now finalised, the allottees are expected to begin construction and make their industries operational within the next three to four years. Major industrialisation will be visible in the next three to four years when Apparel Park, Toy Park and Medical Devices Park become functional. YEIDA plans to issue fresh notices to remaining allottees, urging them to complete the registry process for plots where checklists have already been issued. According to the authority, the registry process, which was sluggish until 2022, has accelerated in recent years. Previously, only about 30 to 35 registries were completed annually. The industrial plots span key sectors such as 24, 28, 29, 32 and 33. In Sector 29's Apparel Park, 149 plots have been allotted, with 75 lease deeds executed so far.
 

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