The Noida Authority held its 224th board meeting on 28 October 2026, chaired by Infrastructure and Industrial Development Commissioner Deepak Kumar. The board took decisions on eleven items, several of which change the cost and paperwork of holding, transferring and building on Authority land.
What was decided
For operational industrial units, the transfer charge under the Unified Regulations 2025 has been reduced from 10% to 7%. A working unit can now obtain up to three further years of time extension after its original three- or five-year period, at 3%, 5% and 7% for the first, second and third additional years. The late fee for not reporting a change in shareholding falls from Rs 500 to Rs 300 per day, and conversion of a private limited company into an LLP has been simplified, subject to conditions.
On farmers’ 5% residential (abadi) plots, the board approved a proposed amendment to the zoning regulations of Master Plan 2031. A new “floating use” clause would allow eligible plots to be planned on land adjoining existing village abadi. Public objections will be invited first, and the proposal then goes to the State Government.
The board also adopted the UP Model Building Regulations 2026 for Noida, with a joint committee of Noida, Greater Noida and YEIDA officials to work out implementation. Other approvals include facilitation of sub-lease transfers of commercial plots and units to HUFs, societies and trusts, revised ground rent for CC-01 sub-lessees in Sector 32 (about Rs 612 down to about Rs 232 per sq m per year), and in-principle approval for an AI City-cum-Business Park on a 45-year concession model.
Why it matters
Transfer charges and time-extension fees are often the largest items in the cost of acquiring an industrial plot or restructuring a company that holds one. A three-percentage-point reduction can change the economics of a share sale, a family reorganisation or an asset transfer. The extension schedule also gives allottees who have fallen behind on construction a defined, priced route rather than an uncertain one.
For landowners whose 5% plots have remained unallotted for years, the abadi amendment is a process step, not an immediate allotment. Its effect will depend on the final text after objections and on State approval.
Practical points
- Before a share transfer or LLP conversion of a company holding a Noida industrial plot, recompute the transfer charge on the revised 7% basis once the amended regulations are notified.
- Check whether your unit qualifies as “operational”, since the reduced rate is linked to that status.
- Allottees behind on construction should map their lease dates against the new three-year extension window and fees.
- Farmers with pending 5% plot claims should watch for the public notice inviting objections and file comments within time.
- Treat Model Building Regulations benefits as pending until the joint committee’s implementation guidance is issued.
Sources: H4E News, 28 Oct 2026; India TV, 28 Oct 2026; Amar Ujala, 28 Oct 2026.
For a confidential discussion on Noida Authority lease, transfer and allotment matters, see Noida Authority Lawyer.
General legal information only; not legal advice or solicitation.
