Noida is considered a model city in UP owing to its development in industry, commerce and trade. Also, it is a major revenue earner for the UP government through taxes.
Noida (New Okhla Industrial Development Authority) came into existence on April 17, 1976; it is located adjacent to east Delhi’s Mayur Vihar and Vasundhara Enclave. It was set up as part of an urbanization extension thrust during the controversial emergency period (1975-1977).The city was created under the UP Industrial Development Act, 1976.
One of the fastest developing and revenue generating cities, Noida comes under the jurisdiction of Gautam Budh Nagar district of Uttar Pradesh. It is part of the Noida-Dadri state assembly constituency and Gautam Budh Nagar parliamentary constituency.
Noida stands at 17th place when it comes to cleanliness in India leaving Gurgaon and Faridabad in the NCR far behind, which are 87 and 237 respectively, on the charts.
Noida is considered a model city in UP owing to its development in industry, commerce and trade. 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.
Noida is about 20km southeast of New Delhi. It is bound on the west and southwest by the Yamuna river, on the north and northwest by Delhi, on the northeast by Delhi and Ghaziabad and on the northeast, east and southeast by the Hindon River.
Noida falls under the catchment area of the Yamuna and is located on the old river bed. The soil is mainly rich and loamy.
One end of Yamuna Expressway terminates on the Noida Expressway near the Hindon river and other goes all the way up to at Agra. Noida has Mahamaya Technical University and various colleges affiliated to it. It is also home to the private Noida International University (NIU), Amity University, Jaypee Institute of Information Technology and Jaipuria Institute, among others.
It also has schools like Delhi Public School, Army Public School, Amity School, Bal Bharati Public School, Cambridge School, Apeejay School, Vishwa Bharati School, Mayoor International School, Lotus Valley International, Khaitan Public School, DAV Public school, Kothari International School, Somerville School, etc.
Noida is a major hub for multinational firms outsourcings IT services like EXL Service, TSYS International, IBM, AON Hewitt, Fujitsu, CSC, Fiserv, TCS, HCL, Tech Mahindra, Adobe, Dell, Patni Computer Systems, Corbus, Accenture, JK Tech, etc. Many large software and BPO companies also have their offices in the city.
HCL mainly has its base in this city. Many other companies have their Indian branch offices in Noida, because of the SEZs, the suburban atmosphere in Noida and its proximity to Delhi. Noida also has the head office of the Software Technology Park, established by the government of India to promote software industry.
Noida is a major hub for industrial activity. This city emerged as a hub for automobile ancillary units, with companies like Escorts, Honda-SIEL and New Holland Tractors (JV of FIAT with Ford) in a short span of time. LG Samsung, BPL and music company T-series also have their offices here. Commercial activities have also risen in recent years, with a sudden spate of new malls and multiplexes.
Noida’s Film City is a hub for major news channels and studios. News channels like Zee News, Star TV, TV Today, India TV, News 24, IBN, CNBC, News X, etc, have their studios here. Obviously, the city’s proximity to Delhi, the political hub of the country, makes it an attractive destination for these news channels.
Real estate issues
Owing to Noida’s close proximity to New Delhi and the increased pressure on land due to economic boom has led to a phenomenal rise in property rates here. Land rates which were quoting Rs 3,000-15,000 per sq metre until five years ago have now shot up to Rs 35,000-90,000 per sq metre.
In 2006, a massive sealing drive launched by the MCD in Delhi forced traders to shut shops there and move to other locations. Gurgaon and Noida became the favored destinations for them, which further pushed property rates, both commercial and residential. In November 2006, the Sector 18 market, a prime commercial area, set a new record for land rates in the NCR with a plot of land being sold at Rs 6,50,000 per sq metre.
In 2005, the city hosted the Noida half-marathon. The cycling competition for the 2010 Commonwealth Games was held at Noida-Greater Noida expressway. The city has its own stadium, which is being upgraded to international standards. The Noida Golf Course is located on the southern end of the city, and has an 18-hole par 72 course. Another golf course, the Jaypee Greens Golf Course, has come up in Greater Noida. In 2011,Greater Noida hosted the inaugural Formula One Indian Grand Prix at the Budh International Circuit constructed by the Jaypee Group.The circuit is the first of its kind in South Asia.
Delhi Metro: Noida has been put on the fast track for the Delhi Metro. The Metro was inaugurated in November 2009, 10 months before the Commonwealth Games. Through Delhi Metro, Noida is now connected to Connaught Place, the central business district of Delhi, and Dwarka via Barakhamba Road-IP Estate Akshardham link. The Metro also connects Noida to Vaishali, through the Yamuna Bank interchange station. The Metro network will be further expanded in the city and is slated to go to Greater Noida soon.
Road: Noida has three main expressways. One is the famous DND flyover which connects Noida and Delhi and runs across Yamuna; this is a favorite of the office-goers in the city.
The second is the Noida-Greater Noida Expressway and third is the Yamuna Expressway which connects Noida to Agra via Mathura.The area adjacent to the Noida-Greater Noida Expressway has had heavy residential development in recent years.The UP Roadways,DTC and private buses ply through various routes in the city.Taxi,auto rickshaws and cycle rickshaws are also available for small-distance transport.
Rail,air: Noida is not connected by railways directly,but there are railway stations nearby,including Ghaziabad and Anand Vihar.The New Delhi Railway Station and the Old Delhi Railway station are the nearest main railway stations used by commuters to reach Noida.
The nearest airport is the IGI Airport.Noida administration is constructing a helipad in Sector 128 to enable fast and efficient transport from the airport to Noida and from Noida to Agra.
NOIDA STANDS AT 17PLACE WHEN IT COMES TO CLEANLINESS IN INDIA LEAVING GURGAON AND FARIDABAD IN THE NCR FAR BEHIND,WHICH ARE 87 AND 237,RESPECTIVELY,ON THE CHARTS
NOIDA IS ABOUT 20KM SOUTHEAST OF NEW DELHI.IT IS BOUND ON THE WEST AND SOUTHWEST BY THE YAMUNA RIVER,ON THE NORTH AND NORTHWEST BY DELHI,ON THE NORTHEAST BY DELHI AND GHAZIABAD AND ON THE NORTHEAST,EAST AND SOUTHEAST BY THE HINDON RIVER