A new residential scheme for lower and middle income groups has been introduced by the Greater Noida Authority providing 2,256 constructed houses in four different categories, and covering an area of 70, 90, 120 and 250-sq. m. that will be priced at Rs. 12.33-lakh to Rs. 36.48-lakh.
Launched through a lucky draw by the Greater Noida Authority, the allottees lucky enough to win the draw, will be permitted to make additions according to the approved building plan, copies of which are available with Greater Noida’s Planning Department, while constructions that do not conform to it, will need to be approved.
While, a 70-sq. m. house in this housing complex will cost Rs. 12.33-lakh, houses measuring 90, 120 and 250-sq. m. are priced at Rs. 14.96, 20.14 and 36.48-lakh respectively. The 250 and 120-sq. m. houses will come with two bedrooms, a drawing, dining, kitchen and bathroom, whereas, those measuring 90 and 70-sq. m. will consist of one bedroom, a drawing room, kitchen and a bathroom.
Housed in Greater Noida’s new sector, Omicron near the village Mathurapur and Ghori Bachhera, the housing complex will have a swimming pool, park, community centre, post office, hospital, shopping complex and a parking space.
This time round, the Greater Noida Industrial Development Authority has followed a different initiative from its earlier practice of inviting tenders on a two bid system for Group Housing Societies in 300-acres for different sectors.
This scheme of the Greater Noida authority provided the developers with an opportunity to participate in the development of a smartly slick city, where at all stages of development, supply precedes demand.
Holding many attractions for buyers and end-users in the form of a constant supply of drinking water, uninterrupted power supply, green areas, proposed metro, airport and world’s fourth night safari, this Greater Noida residential scheme saw many participating in the draw.
Further, the permissible area for plots, commercial and commercial facilities is said to be 65% of the total area as per population norms permitted in the master plan of 2021, with the rest to be according to building regulations.
There will also be provision in this housing complex for other facilities, such as, nursery school, senior secondary school, nursing home, convenience shopping, commercial sector, milk booth, auto-taxi stand, secondary shopping and community centre, provided by the developers, while the green belt will be developed according to the authority’s zonal plan.
Greater Noida Industrial Development
Why do people like to move to an urban place from a rural town? They move in the hope that they will be able to live in an environment which offers more facilities then what they find in a village. Greater Noida has helped many individuals in fulfilling their dreams.
Today almost every Indian likes to buy a luxurious apartment in the heart of Greater Noida. The recent announcement of metro extension to this great city has triggered the value of its properties. Those who bought properties in the recent years today they become rich Indians. The kinds of amenities enjoyed by these Indians are hardly enjoyed by other Indians living in smaller towns.
There are many cities in India which have number of apartments but they do not have those facilities which Greater Noida has. Of course it is very true that Greater Noida is an extension of Noida and it is built after Noida was built. Today a visitor of Greater Noida can obviously say that this new city has many internationally renowned infrastructures. This is the reason why many multinational companies try their best to buy a commercial property in Greater Noida.
The secondary reason why multinational companies like to buy property in Greater Noida is because of its closeness to New Delhi. Entrepreneurs always look forward for a city which has high security, internationally accepted roads and availability of human resource. Greater Noida offers all these facilities without a miss.
Since Greater Noida is in the proximity of India's capital city New Delhi the residents of this city are enjoying all kinds of facilities which the residents of capital city normally enjoy. At present this international city is dominated by industrial, retail, BPO, IT and ITes companies. Buying a residential flats in noida will help many people in finding new opportunities in such business centres.
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