Noida Authority Bags ₹204 Crore from Plot Sales: Earns 72% Profit Over Base Price
The participation was enthusiastic,” the Noida Authority noted in its statement. Real estate experts suggest that this surge is driven by a scarcity of freehold residential plots in well-connected sectors of Noida.
In a stunning display of demand for prime real estate in the National Capital Region (NCR), the Noida Authority’s latest residential land scheme has shattered revenue expectations. The e-auction, which concluded today, saw 34 residential plots sold for nearly double their base price, signaling a robust bull run in the Noida property market.
The “First Residential Land Scheme 2025-26” (Fiscal Year) witnessed unprecedented competition. According to official data released this evening, a staggering 1,375 citizens submitted applications for just 34 available plots. This translates to roughly 40 bidders fighting for every single plot, driving prices through the roof during the e-auction process held on December 9 and 11, 2025.
Revenue Skyrockets by ₹85 Crore
The financial results of the auction have been nothing short of spectacular for the Noida Authority:
- Base Price: The total reserve price for the 34 plots was fixed at ₹118.32 Crore.
- Final Sale Price: Furious bidding drove the final sale value to ₹204.03 Crore.
- The Surplus: The Authority earned an additional ₹85.71 Crore in revenue over the expected minimum.
This represents a final bid value of 172.42% against the reserve price, confirming that buyers are willing to pay significant premiums to secure land in Noida’s developed sectors.
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Market Sentiment
“The participation was enthusiastic,” the Noida Authority noted in its statement. Real estate experts suggest that this surge is driven by a scarcity of freehold residential plots in well-connected sectors of Noida. With the e-auction process ensuring transparency via the HDFC Bank Portal, genuine homebuyers and investors competed aggressively, reflecting high consumer confidence in the region’s growth.
What This Means for You: If you are a homebuyer or investor in the NCR region, this auction is a clear indicator that property values are on an upward trajectory. The massive over-subscription suggests that demand far outstrips supply, potentially impacting resale prices in nearby sectors.
Quick Summary Table (Data Breakdown)
| Metric | Details |
| Scheme Name | First Residential Land Scheme 2025-26 |
| Auction Date | Dec 09 & Dec 11, 2025 |
| Total Plots | 34 |
| Total Applicants | 1,375 |
| Reserve Price | ₹118.32 Crore |
| Sold Price | ₹204.03 Crore |
| Net Surplus | + ₹85.71 Crore |
| Premium % | 172.42% above base price |
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