GNIDA two new residential schemes
GNIDA to introduce 2 residential schemes of 5,000 houses and 3,000 residential plots by June end
The Greater Noida Authority will introduce two residential schemes by the end of this month. The schemes will include 5,000 houses and 3,000 residential plots for lower and middle-income groups. Interested people can submit separate applications for both the schemes. But one person can apply for only one plot or house in each scheme. The houses and plots under the scheme will be located near Sector KP-5.
The houses will built over an area of 35 to 45 sq. mt. They have been priced between Rs 3 lakh and Rs 5 lakh per unit. Each unit will consist of a bedroom, a kitchen and a bathroom. According to an official source, an added attraction of these houses will be its locality that will have broad roads, community centres, parks, children's park, nursing home and market. Parking lots for vehicle will also be provided.
The houses will be allotted on installments for 10 years at 12 per cent rate of interest. However the possession will be given after three years.
The residential plots will have three categories - 90 sq. mt., 120 sq. mt and 200 sq. mt. The plots, like the houses, will be allotted on installment basis and the payment of installments will be spread over 10 years.
In both the schemes 17.5 per cent houses and plots have been reserved for farmers.
But, according to official sources, farmers who sold off their plots allotted to them earlier under 6 per cent scheme will not be allowed to apply this time.
Last year the Greater Noida Authority had not floated any scheme except for the houses.
The Greater Noida Authority will introduce two residential schemes by the end of this month. The schemes will include 5,000 houses and 3,000 residential plots for lower and middle-income groups. Interested people can submit separate applications for both the schemes. But one person can apply for only one plot or house in each scheme. The houses and plots under the scheme will be located near Sector KP-5.
The houses will built over an area of 35 to 45 sq. mt. They have been priced between Rs 3 lakh and Rs 5 lakh per unit. Each unit will consist of a bedroom, a kitchen and a bathroom. According to an official source, an added attraction of these houses will be its locality that will have broad roads, community centres, parks, children's park, nursing home and market. Parking lots for vehicle will also be provided.
The houses will be allotted on installments for 10 years at 12 per cent rate of interest. However the possession will be given after three years.
The residential plots will have three categories - 90 sq. mt., 120 sq. mt and 200 sq. mt. The plots, like the houses, will be allotted on installment basis and the payment of installments will be spread over 10 years.
In both the schemes 17.5 per cent houses and plots have been reserved for farmers.
But, according to official sources, farmers who sold off their plots allotted to them earlier under 6 per cent scheme will not be allowed to apply this time.
Last year the Greater Noida Authority had not floated any scheme except for the houses.