Greater Noida has revised its land acquisition framework, raising compensation for acquired land to ₹6,415 per square metre. The value of one acre under this rate is roughly ₹2.5 crore. Eligible landowners will also receive a 10% residential population plot under the revised provision. MagicBricks News reported the changes on 23 September 2026.
What happened
The compensation payable for acquired land in Greater Noida has been increased to ₹6,415 per square metre. This puts the value of one acre at roughly ₹2.5 crore.
The revised provision also gives eligible landowners a 10% residential population plot. The source does not provide further details on the eligibility process or the method used to allot these plots.
Why it matters
The revised compensation changes the amount payable for land acquired in Greater Noida. The additional residential plot benefit is also relevant for eligible landowners affected by acquisition.
The move could influence real estate activity around major growth corridors. The source specifically mentions areas close to upcoming infrastructure, including Bodaki.
Expert view
For landowners, the two points to track are the revised compensation of ₹6,415 per square metre and the 10% residential population plot benefit. These provisions apply to eligible landowners, so the source does not support treating the plot benefit as available to every landowner.
For property watchers, the source links the change with areas near upcoming infrastructure, including Bodaki. It does not provide details on project timelines, plot allotment rules or any change in property prices.
What buyers should check
Buyers and investors tracking Greater Noida should verify whether a property is connected to land covered by the revised acquisition provision. They should also check whether the landowner qualifies for the 10% residential population plot and seek the applicable allotment details.
The source does not give a complete list of affected areas. It mentions Bodaki among areas close to upcoming infrastructure, so buyers should confirm the exact location and applicable land records before making a decision.
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