Noida
The Uttar Pradesh government launched the ‘Dream Plots’ scheme to support hotel entrepreneurs in the Delhi-NCR region as part of its goal to transform the state into ‘Uttam Pradesh’ on Wednesday. This initiative is aimed at developing the New Okhla Industrial Development Authority (NOIDA) into a vibrant urban center.
The scheme will facilitate the construction of both budget and star-category hotels in Noida. Plots will be allocated through an e-auction process in sectors 93B, 105, 135, and 142. The reserve prices for six available plots, ranging from 2,000 to 24,000 square meters, are set between Rs 44.08 crore and Rs 410.70 crore.
In Sector 93B, plots will be available for budget hotels, with applicants allowed to bid on two plots of 2,000 square meters each, priced at Rs 44.08 crore. Additionally, a plot of 2,090 square meters in the same sector is available at Rs 45.61 crore. The scheme also includes provisions for constructing star hotels in three categories.
Notably, a 7,500-square-meter plot in Sector 105 will have a reserve price of Rs 138.18 crore, while a 5,200-square-meter plot in Sector 142 is listed at Rs 98.83 crore. The largest plot, located in Sector 135, spans 24,000 square meters and has a reserve price of Rs 410.70 crore. All plots are strategically located to enhance Noida’s hospitality infrastructure.
