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Land Prices Soar in This Sector of Greater Noida As Plots Worth Rs 2.5 Crore Sell for Rs 28 Crore, Here’s Why


YEIDA obtained an total value of Rs 80.76 crore from the general public public sale of those 3 tales, which is 12 instances higher than the usual value. (Representative/Shutterstock)

The e-auction, held from July 11 to September 17 noticed enterprise like Sanash Impex, Global Private Limited, and Challenger Computer Limited acquisition tales for over Rs 25 crore every

The Yamuna Expressway Industrial Development Authority (YEIDA) has really merely auctioned 45 tales of land for firm workplaces in Sector -22 E nearJewar Airport Their get value of those tales was Rs 2.5 crore. Out of those, 3 tales which had been of 1,000 sq. meters every, had been auctioned for Rs 25 to twenty-eight crore.

The e-auction process started on July 11 and upright September 17, 2024. Sanash Impex Private Limited received a narrative for Rs 25.84 crore. Global Private Limited received yet another for Rs 26.64 crore and Challenger Computer Limited received the third for Rs 28.28 crore.

YEIDA obtained an total value of Rs 80.76 crore from the general public public sale of those 3 tales, which is 12 instances higher than the usual value.

The total get value for all of the 45 tales was Rs 112.50 crore, nonetheless within the public public sale the authority obtained relating to 134 % higher than the get value, accumulating a monstrous amount of Rs 265.14 crore, making an additional earnings of Rs 152 crore.

All these tales that had been bought lay at Sector -22 E nearJewar Airport Many enormous firm workplaces like Nasimunji, Patanjali, Vivo, JBM University, and quite a few IT enterprise have really established their colleges close to that location. Due to its distance to Noida International Airport, excessive proposals had been put for these tales.

YEIDA CHIEF EXECUTIVE OFFICER Arun Vir Singh claimed that the earnings gotten from this public public sale will definitely be bought future jobs, which will definitely velocity up the expansion of the placement. Moreover, beneath these jobs, round 5,000 people will definitely receive employment risk and a monetary funding of Rs 500 crore will definitely be made on these tales.



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