Noida industrial plot auction has attracted bids worth around ₹238 crore for 19 plots under the Noida Authority’s Industrial Plot Scheme for the financial year 2026-27.
The combined reserve price of these plots was around ₹86 crore, meaning the final bids were approximately ₹152 crore higher than the reserve price.
The auction result highlights strong competition among eligible applicants for the available industrial land.
However, the bid amount represents the price offered for the plots and should not be treated as the total investment that will eventually come into the proposed industrial projects.
195 Applicants Qualified for the Noida Plot Auction
The Noida Authority received 224 applications for the 19 industrial plots. After the applications were examined, 195 applicants were found eligible to participate in the bidding process.
The eligible applicants subsequently took part in the e-auction through the bank’s designated e-auction portal. The bidding process saw competition for the available plots, with the combined bids reaching approximately ₹238 crore.
The reserve price for all 19 plots had been fixed at around ₹86 crore. The difference between the reserve price and final bids therefore stood at nearly ₹152 crore.
Industrial Plots Available Across Several Noida Sectors
The plots offered under the scheme are spread across several sectors of Noida. These include Sector 3, Sector 6, Sector 7, Sector 9, Sector 10, Sector 80, Sector 162 and Sector 164.
The plot sizes also vary considerably. The available plots range from around 58.56 square metres to approximately 7,990 square metres.
The different sizes and locations mean that the proposed industrial activities may vary depending on the projects submitted by successful bidders.
Noida Industrial Plot Scheme Was Launched in May
The Noida Authority launched the Industrial Plot Scheme in May 2026. Following the application and scrutiny process, eligible applicants were allowed to participate in the e-auction conducted in September.
The authority had also introduced a new pricing structure for IT and ITeS plots earlier in September. Under the new structure, a uniform allotment rate of ₹86,000 per square metre was fixed for such plots.
The pricing decision came amid limited availability of industrial land in Noida and continued interest in industrial and technology-related development.
Successful Bidders Will Need to Submit DPRs
Winning the auction does not complete the entire allotment process. The Detailed Project Reports, or DPRs, of successful bidders will be examined by the Noida Authority.
The scrutiny will focus on the proposed projects, expected investment and potential employment generation. This will help determine what industrial units are planned for the allotted plots and what economic activity they may generate.
The actual investment and employment figures will become clearer after the respective projects are examined and subsequently implemented.
₹238 Crore Bids Do Not Mean ₹238 Crore Project Investment
The high auction value is an important development for the availability of industrial land in Noida, but it should not be confused with actual industrial investment.
The approximately ₹238 crore figure represents the combined bids submitted for acquiring the 19 plots. The investment required to establish factories, offices, infrastructure or other approved industrial projects will be determined separately.
Noida is a planned industrial city with developed industrial and commercial areas and connectivity with Delhi and the wider National Capital Region.
The next stage will therefore focus on examining the successful bidders’ project proposals and understanding the investment and employment potential of the allotted land.
