The Noida Authority is preparing to increase the rates for land acquisition, a move that will make constructing homes, establishing industries, and purchasing residential flats in Noida more expensive. This proposal is expected to be tabled during the upcoming Board meeting.
Come November, the cost of conducting business, constructing homes, setting up industries, and purchasing residential flats is set to rise, as the Noida Authority has begun preparations to hike its land acquisition rates. The Authority is likely to present this proposal during the Board meeting scheduled to be held on April 1st or 2nd.
It is worth noting that the steepest hike this time—estimated at 10 percent—is expected to apply to Group Housing plots. Meanwhile, rates for other property categories are likely to increase by six to eight percent. The Authority has been consistently raising land allotment rates since the 2022-23 fiscal year.
No Rate Hikes During the COVID Period
Prior to this, during the 2020-21 fiscal year, rates were not increased due to the COVID-19 pandemic. In the 2025-26 fiscal year, a six percent hike was implemented across allotment rates for residential, group housing, institutional, and industrial plots. An increase in allotment rates has a direct impact on land prices.
Due to continuous hikes over the past four years, the cost of residential plots has risen by as much as 38 percent. The most affordable plots are located in the ‘E-category’ sectors; even in these areas, the Authority’s allotment rates have now reached ₹51,000 per square meter.
Similarly, in the industrial sectors—specifically Phase 1 and Phase 3—rates have surged by 38 percent in less than three years, while in Phase 2, they have risen by 52 percent. Likewise, over the last two years, rates for Group Housing plots have been increased by six percent annually.
How Allotment Rates Are Determined
The Authority has constituted a dedicated committee to determine allotment rates. This committee calculates the per-square-meter rate by aggregating various costs, including land acquisition expenses, development costs, external development charges, and maintenance expenses, among others. Subsequently, sector-specific rates are finalized based on the category and location of the plots. Additionally, the Reserve Bank of India’s (RBI) Consumer Price Index (Urban) is taken into consideration during this process.
