Greater Noida: GNIDA has launched a new scheme to help people belonging to the economically weaker sections to build houses in Delhi-NCR. Authority started builder plot The scheme, under which four plots will be allotted to builders for construction. The plots are of a total size of 1.21 lakh sqm and will generate revenue of around Rs 400 crore for GNIDA.
To promote affordable housing in the city, all plots will also have flats reserved for EWS (Economically Weaker Section) and LIG (Low Income Group). The plan comprises a plot of 23,500 sqm in Sector Zeta 1, a plot of 28,265 sqm in Sector Etah 2 and two plots of 39,321 sqm and 30,000 sqm in Sector Sigma 3.
“Learning from our mistakes with regard to builder plans, we will try to allot plots only to genuine builders who will deliver flats to the buyers on time. Employment generation has also increased due to increased investment in Greater Noida in the last three-four years. Along with this, the number of people looking for flats and wanting to settle here has also increased. That is why the plan seems timely and necessary,” said Narendra Bhushan, CEO, GNIDA.
To promote affordable housing in the city, all plots will also have flats reserved for EWS (Economically Weaker Section) and LIG (Low Income Group). The plan comprises a plot of 23,500 sqm in Sector Zeta 1, a plot of 28,265 sqm in Sector Etah 2 and two plots of 39,321 sqm and 30,000 sqm in Sector Sigma 3.
“Learning from our mistakes with regard to builder plans, we will try to allot plots only to genuine builders who will deliver flats to the buyers on time. Employment generation has also increased due to increased investment in Greater Noida in the last three-four years. Along with this, the number of people looking for flats and wanting to settle here has also increased. That is why the plan seems timely and necessary,” said Narendra Bhushan, CEO, GNIDA.
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