Soon Noida will have the tallest skyscraper in the world. A
large scale singapore is developing down there in given the next 5
years prospects are good.
Noida approves skyscraper proposal
Thursday, 31 March , 2005, 13:30
Noida: The Board of New Okhla Industrial Development Authority
(NOIDA) has approved a proposal to build a skyscraper tower with
over 135 floors in Noida.
The proposed project, which was cleared at the last Board meeting,
could well be the tallest building in the world.
At present, Taipei 101 is the tallest building at 508 metres.
The proposal for the skyscraper in Noida was placed by architect
Hafeez Contractor for the city centre to be developed in Sector
32A.
Also, the Board has approved the development of an Information
Technology sector in Noida, a senior official said.
The Board has also decided to increase the land rate for both the
industrial and residential sectors, considering the tremendous
demand by the public. Land earmarked for the group housing
societies were also hiked by the Noida Board.
The rates of all industrial plots were increased by 50 per cent and
the residential plots by 22 per cent.
The hike in sectors 14A, 15A and 17 were from Rs. 15700 to Rs 19200
per sq mtr. The hike in sectors 14, 15, 19, 21, 25, 26, 27, 28, 29,
36, 37 and 44 are from Rs 11,200 to Rs 13,700, sectors 20, 30, 31,
33, 34, 35, 39, 40, 41, 42, 43, 50, 51, 52 and 61 from Rs 6,750 to
Rs 8,250.
Rates in sectors 53, 55, 56, 71, 72, 47, 48, 49, 11, 12, 22, 23 are
from Rs 5,050 to 6,200 and the rates in new sectors to be announced
in the future increased from Rs 3,700 to Rs 4,500 per sq mtr.
The rates of industrial plots in phase one have been increased from
Rs 5,250 to 6,400 and in phase two from Rs 1250 to Rs 2500.
Land rate for the group housing societies have also been increased
by 35 per cent.
