Greater Noida: GNIDA identifies two plots to develop flats for the poor

GREATER NOIDA: While 750 applicants have registered for the Pradhan Mantri Awas Yojana (PMAY), the Greater Noida Authority has identified two plots of a total of 73,421 sqm for an e-auction to builders for developing flats under the scheme. These plots are in sectors 2 and Omicron 1A. The e-auction will take place next month. The construction of one and two-room flats is expected to begin early next year.

Santosh Kumar, the in-charge of the builder’s cell of GNIDA, said, “We have identified two plots for developing flats for the economically weaker section of the society under PMAY. These include a plot of 53,071 sqm in Sector 2 and another with an area of 20,350 sqm in Sector Omicron 1A. The land will be sold through e-auction to builders next month.”

According to Kumar, GNIDA had sought applications from those seeking affordable houses under PMAY. Due to the pandemic, the application deadline had to be extended three times since the launch of the scheme earlier this year in January. “A total of 750 applications have been received.”

And to attract builders to develop the project, GNIDA has also made the provision of providing 10% land use for commercial purposes by the developer as against the earlier 1%. The facility of downloading the application for this scheme is provided online from October 25 on the etender.sbi portal. Applications with relevant documents can be submitted till November 18. The final tender will open on November 29.

“Once the builder is selected, there will be special emphasis to start timely construction and completion of the project so that the eligible beneficiaries can get the flats at the earliest,” said Narendra Bhooshan, the CEO of GNIDA.

Read more at :

https://realty.economictimes.indiatimes.com/news/residential/greater-noida-gnida-identifies-two-plots-to-develop-flats-for-the-poor/87353997

Categories: News