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The industrial sector in Uttar Pradesh (UP) has been experiencing significant growth, especially in areas like Ghaziabad and Greater Noida. With a strategic location near the National Capital Region (NCR), these regions have become hubs for industrial development, drawing investors and manufacturers from all over India. In this context, the Uttar Pradesh State Industrial Development Authority (UPSIDA) and other local authorities are playing a pivotal role in facilitating industrial expansion by offering various opportunities, including industrial plots and freehold land for industrial setups.
Ghaziabad is home to over 27,000 industries, spread across 11 industrial clusters, including one in nearby Hapur. These clusters employ more than 500,000 people, contributing significantly to the region’s economy. Ghaziabad’s strategic location, with its proximity to Delhi, makes it an attractive option for businesses in the manufacturing, logistics, and warehousing sectors. As companies continue to expand, there is an increasing demand for industrial plots in Ghaziabad.
In 2020, the Uttar Pradesh State Industrial Development Corporation (UPSIDC) introduced a policy allowing existing industries to retain 50% of the land they occupy while taking back 12.5% for redistribution. This policy aims to create more efficient use of available land while also helping industrial units expand by purchasing smaller plots. The availability of freehold land in these regions is especially attractive to manufacturers, as it offers long-term ownership and security.
Greater Noida, which falls under the UPSIDC’s jurisdiction, has emerged as one of the prime locations for industrial development. UPSIDC industrial land in Greater Noida is available for a range of purposes, from manufacturing to warehousing and logistics. The development of industrial parks in Greater Noida, such as the upcoming hubs in Newari, is attracting significant interest due to their proximity to both the capital city and major transportation corridors.
The UPSIDA plans to acquire private land in Newari to develop an industrial hub, and while this process is still underway, it is expected to be completed soon, providing ample opportunities for industrial growth. The authority has already submitted a proposal to acquire 210 acres of private land to complement the existing 140 acres of gram sabha land. The estimated cost for setting up the hub is around Rs 128 crore. With land acquisition moving forward, businesses seeking industrial plots in Ghaziabad and Greater Noida will have more options to explore.
One of the most attractive features of industrial land in Ghaziabad, Noida, and Greater Noida is the availability of freehold plots. Unlike leasehold properties, freehold land provides the buyer with complete ownership, offering greater security and long-term value. This has led to a boom in the construction of industrial parks and the development of freehold plots for industrial setups in Ghaziabad and other parts of the NCR.
For businesses looking to purchase an industrial plot in Ghaziabad, freehold land offers an added advantage, especially with the recent support from the Uttar Pradesh Government’s Industrial Policy. This policy supports the conversion of land to freehold for industrial use, making it easier for businesses to acquire land for factories, warehouses, and other industrial operations.
In addition to the advantages of freehold ownership, these industrial parks are being developed at much lower prices compared to UPSIDC’s land prices, making them even more appealing to businesses. Investors looking for a freehold plot in Ghaziabad can find numerous opportunities to set up operations in newly developing industrial areas, often at competitive prices.
Another crucial player in the region’s industrial development is the Yamuna Expressway Industrial Development Authority (YEIDA), which has been developing large-scale industrial parks along the Yamuna Expressway. YEIDA plots are an attractive option for manufacturers and investors due to their strategic location, ease of connectivity to major highways, and availability of infrastructure. These plots are gaining popularity as businesses look to expand in the region.
YEIDA is actively working on creating an environment conducive to industrial growth, with dedicated zones for different sectors, such as electronics, automobile manufacturing, and textiles. The availability of YEIDA plots has further contributed to the rapid expansion of industrial clusters along the Yamuna Expressway, complementing the ongoing development in Ghaziabad and Greater Noida.
As the industrial landscape in Ghaziabad and Greater Noida continues to evolve, businesses are increasingly turning to online platforms to find the right properties. Platforms like Plotwalla.com offer a wide range of listings for industrial plots for sale in Ghaziabad, including freehold land, making it easier for investors to identify and acquire the perfect plots for their needs. Whether you are looking for land in Ghaziabad, Noida, or Greater Noida, Plotwalla.com provides detailed information and options to help you make an informed decision.
With its user-friendly interface and comprehensive property listings, Plotwalla.com simplifies the search process for industrial land. Whether you are interested in UPSIDC industrial land in Greater Noida, YEIDA plots, or industrial plots for sale in Ghaziabad, this platform is a valuable resource for navigating the growing industrial real estate market in Uttar Pradesh.
The industrial growth in Ghaziabad, Greater Noida, and other parts of Uttar Pradesh is a testament to the region’s potential as a manufacturing and logistics hub. With initiatives from UPSIDA and YEIDA, the availability of freehold industrial plots is helping businesses expand and thrive. For those seeking an industrial plot in Ghaziabad, the industrial plot for sale in Ghaziabad, or UPSIDC industrial land in Greater Noida, platforms like Plotwalla.com offer a convenient and efficient way to find the perfect property.
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