GREATER NOIDA, Nov. 29 -- Uttar Pradesh chief minister Yogi Adityanath has directed officials to revise and increase land acquisition rates in Noida and Greater Noida, responding to sustained demands from farmers whose land has been earmarked for planned development.
Currently, land rates fixed by the government in Gautam Budh Nagar stand at Rs.5,100 per square metre (sqm) in Noida, Rs.4,100 per sqm in Greater Noida, and Rs.4,300 per sqm in Yamuna City. Officials said the compensation matrix in the twin industrial towns has not been revised for a long period, triggering growing resistance from farmers who argue that the notified rates no longer reflect market realities. According to sources, the government may revise rates to Rs.9,000 pe...
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