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Economy of Noida


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International Expo Centre. IECM is planning to build a 400-room five-star hotel on its premises by 2015.

Development in industry, commerce and trade have led Noida to be a model city in UP. It is a major revenue earner for the government through taxes. The Noida model is now being replicated across various cities in UP, with a proactive development agency working to achieve high growth rates for business, industry and commercial ventures.

Shopping arcades

The Great India Place, sector 38 A ( near sector 18)

Garden Galleria {The Great India Place Phase-2}Sector 38 A [Construction Mode]

The Mall of India Sector 18 [Construction Mode]

Centrestage Mall, sector 18,

The Spice World Mall, sector 25A, ( near Noida stadium)

Shopprix Mall, sector 61

Sab Mall, sector 18

Atta Market, sector 18

Hotels

Radisson Blu, sector 18

Park Plaza, sector 55

Fortune Inn Grazia, sector 27

Nirula's, sector 2

Mosaic, sector 18

Suraj K Mad., sector 22

Ansal Plaza, Near Pari Chowk, Greater Noida

Real estate issues

Due to its proximity to New Delhi and the increased pressure on land due to economic boom conditions, property rates are on the rise in the township. Land rates which were in the Rs. 3,000-15,000/m² range till about 5 years ago have soared to Rs. 30,000-85,000/m² (US$ 712 - 2013 / sq meter).

In 2005, Noida Authority announced the construction of the world's tallest building (of 135 stories) as part of the ambitious Noida City Center development project. While the proposal was still in preliminary stage, the Noida Authority came under fire and the project was shelved indefinitely, due to protests from its citizens concerned about its
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