https://www.quora.com/profile/Plots-in-Noida/Which-Is-the-Best-Plot-for-Investment-in-Noida-Noida-is-an-acronym-for-New-Okhla-Industrial-Development-Authority-and Which Is the Best Plots for Investment in Noida? Noida is an acronym for New Okhla Industrial Development Authority, and it is fast becoming the most coveted place in India's real estate sector. This locality is nestled in the environs of the National Capital Region (NCR), is equipped with splendid infrastructure, and is on a constant growth trajectory; all these factors provide the rationale for buyers to snap up the available plots in Noida.