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YEIDA To Set Up Furniture Parks In Greater Noida

BY Realty Plus

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The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a scheme aimed at establishing a furniture park in Greater Noida, along with the allocation of vacant plots in this project, an official release said. 

Under this scheme, YEIDA is inviting applications for plots measuring up to 4,000 square meters, specifically for setting up non-polluting industrial units in Sectors 28, 29, 32, and 33. Interested parties can submit their applications for land acquisition under this initiative until October 27. 

Under this scheme, YEIDA is inviting applications for plots measuring up to 4,000 square meters, specifically for setting up non-polluting industrial units in Sectors 28, 29, 32, and 33. Interested parties can submit their applications for land acquisition under this initiative until October 27. 

The total premium of Rs 60.93 lakh to Rs 4.06 crore has been fixed for the applicants applying under ODOP and Furniture Park category. A total of 41 plots will be allotted in this category, out of which 2 plots are earmarked for startups.

Similarly, to promote the MSME sector, a total of 63 plots will be allotted through the process in 6 phases, out of which 61 will be for related categories and 02 allotments will be for startups. The total premium amount of these plots will range between Rs 40.62 lakh to Rs 5.41 crore. It is noteworthy that due to its proximity to Jewar Airport, International Film City, Yamuna Expressway, and Buddha Circuit, those setting up industrial units by taking a plot will get the benefit of all the facilities including better connectivity and the first world-class project of its kind, the Pod Transit System in India.

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