The Noida Authority is preparing to introduce significant changes to its mixed land use policy. Under the new proposal, the fees for conducting commercial activities on residential and industrial plots are set to be increased sharply—from the current rate of 10 percent to as much as 50 percent.
Mixed Land Use Policy Under Revision
Major Fee Increase Planned for Commercial Use of Residential and Industrial Properties
Officials have indicated that this fee hike will apply to all sectors where commercial activities are permitted on residential and industrial land. The proposed increase aims to better reflect the difference between residential and commercial land rates.
New Committee to Review Rules and Standards
Additional Regulatory Changes Expected Alongside Fee Hike
Alongside the fee hike, the Authority is also considering changes to the approval committee, regulatory standards, and other related rules. These revisions are part of a broader effort to update and streamline the process for granting permissions for commercial use.
Final Decision Expected Soon
Proposal to be Discussed at Next Authority Meeting
The detailed proposal is set to be placed before the Authority in its upcoming meeting next week. If approved, the new fee structure and regulations will be implemented with immediate effect, subject to certain conditions.
