MAKING HOUSING AFFORDABLE

Greater Noida Authority is constructing 3,000 houses exclusively for middle-income group

For the middle-income masses, here is good news. Under a newly launched residential scheme, the Greater Noida authority is offering the middle-income group a rare opportunity to book and own exclusive, independent, expandable and well finished houses.
As per the scheme, the Greater Noida Authority will construct 3,000 houses in sector 3, Xu-II and Xu-III. P.C Gupta, deputy chief executive officer, Greater Noida Industrial Development Authority {GNIDA} said--the size of plot will be 120 sq m. While constructed houses will be available in 98.24 sq m.
The cost of house is Rs 29.98 lakh and each house will be allotted through lucky draw. For this scheme, which will be closed on March 8, applicants can buy forms and brochures from authorized banks like SBI, ICICI, HDFC, Axis Bank, PNB, Indian Bank, Canara Bank, Bank of Baroda, Bank of Maharashtra, and Union Bank of India, Vijya Bank and Oriental Bank of Commerce.
The allottees will be permitted to construct additional space beyond already approved building plan. Construction not conforming to the plan would have to be approved. The houses will have two bedrooms, one drawing room, kitchen and a bathroom. The housing complex will be built in new sectors like 3, Xu-II and Xu-III and will have a swimming pool. Park, community centre, post office, hospital, shopping complex and parking. Gupta said, this scheme is an opportunity for developers to be a part of making of a smart city.
“The major attractions of the complex are uninterrupted supply of drinking water and power, green areas, proposed metro, airport and world’s fourth night safari,” says Sudhir Kumar, additional CEO.
He said authorized area for plots and commercial facilities will be 65% of the total area as per population norms permitted in the master plan of 2021.
Developers will provide provisions for other facilities like nursery school, senior secondary school, nursing home, convenience shopping, commercial sector, milk booth, auto-taxi stand, secondary shopping and community centre.
To get rid of the overcrowded Delhi, the Greater Noida authority will also invite tenders for commercial scheme on two bids systems for plots in sectors like Alpha2, Delta 2 and Gamma 2.




Courtesy: ET REALITY dtd March 14, 2008