Greater Noida: Families contemplating moving to the greener parts of Gautam Budh Nagar will soon have more options to choose from. The Greater Noida Industrial Development Authority (GNIDA) announced on Monday that it would launch more than 800 flats to provide 1BHK, 2BHK and 3BHK for home buyers in Sector 12, Eta II and Omicron I.
In the full list, a handful of
ready-to-move flats will be available in the G + 3-storey building as well as
in 20 storey high-rise towers. The residential allocation plan will be launched
next week after the authority's CEO endorses the proper file.
The officer managing the scheme
said that the units would be for three sectors – Eta II, Omicron I and Sector
12. The flats are priced between Rs 28.50 lakh and Rs 74.50 lakh, while their
size is within 54.29 million meters and 132.95 sqm.
GNIDA first introduced a housing scheme (multi-storey apartment complex) in 2013. Nevertheless, the authority could not obtain buyers as the locality where the project was undertaken. Some flats in the finished buildings were to be brought forward in the forthcoming plans as the buyers were unable to pay the required amount or did not maintain the necessary documents.
The authority had then intended
to auction 1,200 such flats before Diwali in 2019. Nevertheless, it did not
initiate the scheme because it believed in focusing on developing projects that
had previously been sold in the past.
As the apartment projects submerged in previous plans could not take-off due to land acquisition concerns with farmers, the authority granted built flats to buyers who could not be given possession. Assistant General Manager (Property) K K Yadav said: About 350 to 380 flats have been given to genuine buyers. The remaining 880 flats will be put up for sale next week. There has been a lot of development in these areas and many families are living in the surrounding areas.
GNIDA has reviewed the prices of
ready-to-move-in flats to meet the current market prices. Originally offered
for Rs 39 lakh in 2013, the 2BHK deluxe price has been increased to Rs 48.35
lakh. Apart from this, the price of 3BHK and 1BHK has increased from Rs 69.50
lakh and Rs 23.50 lakh to Rs 74.50 lakh and Rs 28.50 lakh respectively. There
will be units to offer 1BHK flats on offer, the official continued.
The flats will be provided for a
90-year lease supporting the draw. The authority will be part of the 816 units
approach at its entrance and enthusiast buyers will be offered the possibility
to implement online.
