In a significant move that could boost real estate activity, the Noida Authority has decided to reduce land costs in more than 40 sectors by removing or sharply cutting location charges for plots situated along the Noida-Greater Noida Expressway and metro corridors.
The decision is expected to make property allotment more affordable, especially for commercial, institutional, and corporate projects located in prime connectivity zones.
Expressway-Side Plots to Become Cheaper
Under the new policy, the authority has completely scrapped the 7.5% location charge previously imposed on plots along the Noida-Greater Noida Expressway. This fee had been in place since 2019 for IT, ITES, institutional, commercial, and corporate office land use.
With the removal of this surcharge, allotment rates for these premium plots are likely to decline, potentially attracting fresh investment and development.
The expressway stretches about 20 kilometres within Noida’s jurisdiction and passes through several high-value sectors, many of which are expected to benefit from the decision.
Major Reduction in Metro Corridor Charges
The authority has also provided relief for properties located near metro routes. The location charge for land within a one-kilometre radius of metro lines — including the Blue, Magenta, and Aqua lines — has been slashed dramatically from 10% to just 2.5%.
These charges were introduced in February 2025 under the unified policy framework and applied to all types of properties in the designated zone.
Officials believe the reduction will make metro-adjacent land more attractive for both residential and commercial development.
Impact on Property Allotment Rates
With location surcharges either removed or reduced, overall allotment prices for plots in affected sectors are expected to fall.
More than 40 sectors are likely to see direct benefits, particularly those located along the expressway and metro corridors — areas traditionally considered premium due to superior connectivity.
Real estate experts say the move could stimulate demand, accelerate pending projects, and encourage new investors to enter the market.
Boost for Development and Investment
The policy change comes at a time when Noida continues to expand as a major residential and business hub within the National Capital Region.
By lowering entry costs for prime locations, the authority aims to promote planned development, attract corporate offices, and support infrastructure-linked growth.
If demand responds positively, the decision could trigger a new phase of real estate activity in the city’s most strategically located sectors.
