Noida is a part of NCR (National Capital Region) and came into administrative existence on 17th April 1976. It also celebrates ‘Noida Day’ on 17th April. It was conceptualized in the master plan of Delhi in the year 1962. Situated on the outskirts of Delhi, it was a rural area with a lot of villages, poor connectivity, erratic electricity and the land was also not very fertile.Noida earlier consisted of 81 villages; a lot of early inhabitants settled along the Ganga Canal. The government marked this land for industrial development, so as to keep the pollution away from Delhi. Noida ensured planned development for industrial and allied uses. What was conceptualized as an industrial zone soon transformed into an affordable residential zone with cheap land prices. Gradually, the government acquired land from villagers and farmers for the purpose of development.
Thus, this rural area with clusters of villages and no connectivity became a hot spot for real estate. Due to rapid industrialization and urbanization in this modern Noida, a lot of private builders became active. A great deal of construction work started, the apartment culture became trendy over plotted developments. Now considered as the ‘gold mine’ of UP, Noida has its own distinction as a smart city. The coming of IT/ITES firms and the influx of multinationals has given this city a special place on India’s map. [Read more…]