Plots for warehousing in sectors 161 to 166 will be offered by the authority.
Warehousing was not taken into account when the industrial plots scheme was launched. The CEO of the authority said that they would go forward as part of new schemes.
The demand gap for warehousing needs is expected to be plugged by the New Noida Draft Master Plan since there is no large land banks in Old Noida.
Industrial development needs to be focused on.
As much as 8,800 hectares, or 41 percent of the total, is proposed to be used for warehousing in the draft plan.
The draft plan for the city's expansion was submitted by SPA, which was hired by the authority.
I agree with you that warehousing needs to be done. While we have not allowed warehousing in the new schemes, we will try and include it in the forthcoming schemes.
Large plots have been offered for industrial use in sectors 161 and 163. With the recent government notification, we will try and include warehousing in the forthcoming schemes. We had originally planned to include one sector for warehousing, but were skeptical about the response. She said that they can get a few bigger plots for warehousing in the future.
Land running into 100 acres is not available in the current parcels. She said that the potential for large land parcels for warehousing is only available in New Noida.
There are as many as 79 industrial plots in sectors 67, 80, 145, 158,164, 63, 162 which are of sizes 450 sq m to 15151 sq m.
There is a new town in the area.
The Dadri-Noida-Ghaziabad Investment Region is intended to become a globally competitive industrial investment hub. The work on the new town will start in three to five years.
A planning area of over 200 sq km is proposed in the New Noida draft master plan.
The policy of national logistics.
The National Logistics Policy was launched by the Prime Minister. The departments have their own digital data. Smooth cargo movement will be made easier by this.
The policy will facilitate a unified policy and regulatory environment for end-to-end logistics services and an overarching institutional framework that will govern the Logistics sector.
The NLP will focus on components such as world-class infrastructure, modern warehousing, digitalisation, regulations, tracing and tracking.
According to the recently launched report titled, I ndian Realty Outlook: Demystifying Future Growth Opportunities, leasing activity for industrial and logistics is expected to remain rangebound at about 28-32 million square feet, a growth of up to 12 percent annually. The space take-up would be led by the continued expansion of 3PL and other companies in view of the recovery in the economy.
E-Commerce and 3PL players would prefer to take up space closer to consumer hubs, with 3PL occupiers dealing with cargo handling Engineering and manufacturing players prefer warehouses close to industrial hubs.
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