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Noida Authority has approved mixed land-use policy in Noida Master Plan-2021, which will allow offices, retail shops, eateries, and entertainment outlets in specific areas in industrial and institutional sectors.
http://www.commonfloor.com/guide/mixed-use-land-policy-for-noida-41200.html
Noida Authority has approved mixed land-use policy in Noida Master Plan-2021, which will allow offices, retail shops, eateries, and entertainment outlets in specific areas in industrial and institutional sectors.
http://www.commonfloor.com/guide/mixed-use-land-policy-for-noida-41200.html
Noida Authority has approved mixed land-use policy in Noida Master Plan-2021, which will allow offices, retail shops, eateries, and entertainment outlets in specific areas in industrial and institutional sectors.
http://www.commonfloor.com/guide/mixed-use-land-policy-for-noida-41200.html
land-use policy in Noida Master Plan-2021, which will allow ofces, retail shops, eateries, and entertainment outlets in specifc areas in industrial and institutional sectors Mixed-Use policy Accordin! to the new mixed-use land policy, property owners with plots alon! the roads with 2" m #$% &ri!ht o' way( in residential areas will )e allowed to )uild !uesthouses on a limited area Accordin! to Masterplan, !uesthouses can house 'acilities li*e !eneral stores, co+ee shops, A,Ms, etc Property owners in industrial land-uses can also accommodate auto-service stations ,he !round covera!e and -oor area ratio will )e in accordance with the prime land use o' the plot Property owners who wish to turn their plots into mixed land-use have to pay an impact 'ee alon! with the conversional char!es to en.oy 100/ 0A# &-oor area ratio( 1mpact 'ee 'or residential plots is 20/ o' the conversional char!es o' residential to commercial and 'or industrial plots, owners have to pay 20/ o' the di+erence )etween the rate o' commercial and industrial plots Positive and negative impacts 1t will )e an advanta!e 'or )uilders and developers with lar!e si3e residential plots with an opportunity to use it 'or commercial purposes too Many developers can now use this land policy in their 'avor )y launchin! commercial and residential suites o+erin! premium 'acilities ,he streets can now )e developed as mixed-use streets with premium retail shops, luxury hotels and clinics ,his mixed-use development will impact the Noida-expressway turnin! it into a mixed-use or commercial hu) also impactin! the demand and prices o' the area 1' the policy is not implemented in a planned way there can )e many pro)lems associated with it ,he streets will )e flled with in'ormal activities on )oth sides with a lot o' noise pollution distur)in! the residents o' the areas ,he par*in! needs to )e mana!ed efciently )ecause the par*in! demand 'or mixed-use streets is very hi!h compared to residential streets ,he in'rastructure needs to )e provided in a planned manner to control the pedestrian and vehicular movement New developments should )e planned 'or mixed-use 'acilities 'or residential and commercial activity at the time o' preparation o' layout plan ,his will help in plannin! and allocatin! spaces 'or commercial centres with ample par*in! and other essential services ,here are many existin! mixed-use streets in Noida which are )ein! carried out in an unauthori3ed manner ,hese can )e authori3ed now with conversion char!es and impact 'ee ,his is a relie' 'or residents )ecause they can avail their )asic needs without a need to travel 4ut the in'rastructure should )e improved so that the commercial activities can )e run e+ortlessly Source5 6ommon0loorcom 0or 7atest 8pdates on #eal 9state 8pdates, Property News and 6ities 1n'rastructure :evelopments ;isit5 http5<<wwwcommon-oorcom<!uide 6opyri!ht = 200>-1" 6ommon0loorcom All ri!hts reserved