REATER NOIDA: Greater Noida and Yamuna Expressway Industrial Development Authority (YEIDA) on Friday have launched three schemes in their respective areas. On offer are plots in residential, industrial, institutional and mixed land use categories. Also available are shops and kiosks on an open-ended scheme in Greater Noida.
Starting Friday, YEIDA has put on offer 1850 residential plots of sizes varying from 120 meters to 200 meters. These plots will be allotted through draw of lots to prospective allottees. As per officials, the aim is towards aiding development in the YEIDA area. "On offer are plots available for setting up residential homes," said Arun Vir Singh, CEO, YEIDA.
"Plots under both the schemes will be allotted on a lottery basis," said Singh. "We have reserved about 56 hectares of land for the plots," he said. This land is located in Ghanori village, which is on the border of Greater Noida and YEIDA area. This land also abuts a six-lane, 130-meter arterial road connecting Noida, Greater Noida, Delhi and Ghaziabad. This e-way is also expected to extend by another 41 km from Greater Noida to Jewar. "While the 120 square meter plots number 1200, the 162 meter plots are 300 in number. The 200 square meter plots total 350," he said.
The reserve price for residential plots, which are located in YEIDA's sector 17 has been fixed at Rs 15, 620 per square meter. This means that a 120 meter plot would come at a cost of Rs 18.74 lakhs and a 162 meter plot would cost a home buyer about Rs 25.30 lakhs. A 200 meter plot will come at a cost of Rs 31.24 lakhs. YEIDA has fixed the Floor Area Ratio for residential area at 1.8 and ground coverage will be 75%.
Officials further said that YEIDA's mixed land use scheme, which will open for participation on January 4, will allow development of integrated industrial, institutional or a recreational area on the plots. The minimum area to be developed has been fixed at 10 acres. The core activity— industrial, institutional or recreational area—will be allowed on 75 percent of the total plot size. Support facilities and utilities will total 5 percent of the area, while commercial and residential will total 8 and 12 percent, respectively. The scheme is open-ended. Allotments will be made on first come first basis and on the basis of interviews. "We have earmarked about 250 acres of land for these plots," Singh said.
Meanwhile, Greater Noida Authority has also announced scheme for allotment of leftover/cancelled plots in its area. Totalling about 169 residential plots in number, while the industrial, institutional, shops and kiosks will be allotted via an open-ended scheme, the residential plots will be allotted on single bid system, submissions for which will open on February 2.
Resource: http://timesofindia.indiatimes.com
Starting Friday, YEIDA has put on offer 1850 residential plots of sizes varying from 120 meters to 200 meters. These plots will be allotted through draw of lots to prospective allottees. As per officials, the aim is towards aiding development in the YEIDA area. "On offer are plots available for setting up residential homes," said Arun Vir Singh, CEO, YEIDA.
"Plots under both the schemes will be allotted on a lottery basis," said Singh. "We have reserved about 56 hectares of land for the plots," he said. This land is located in Ghanori village, which is on the border of Greater Noida and YEIDA area. This land also abuts a six-lane, 130-meter arterial road connecting Noida, Greater Noida, Delhi and Ghaziabad. This e-way is also expected to extend by another 41 km from Greater Noida to Jewar. "While the 120 square meter plots number 1200, the 162 meter plots are 300 in number. The 200 square meter plots total 350," he said.
The reserve price for residential plots, which are located in YEIDA's sector 17 has been fixed at Rs 15, 620 per square meter. This means that a 120 meter plot would come at a cost of Rs 18.74 lakhs and a 162 meter plot would cost a home buyer about Rs 25.30 lakhs. A 200 meter plot will come at a cost of Rs 31.24 lakhs. YEIDA has fixed the Floor Area Ratio for residential area at 1.8 and ground coverage will be 75%.
Officials further said that YEIDA's mixed land use scheme, which will open for participation on January 4, will allow development of integrated industrial, institutional or a recreational area on the plots. The minimum area to be developed has been fixed at 10 acres. The core activity— industrial, institutional or recreational area—will be allowed on 75 percent of the total plot size. Support facilities and utilities will total 5 percent of the area, while commercial and residential will total 8 and 12 percent, respectively. The scheme is open-ended. Allotments will be made on first come first basis and on the basis of interviews. "We have earmarked about 250 acres of land for these plots," Singh said.
Meanwhile, Greater Noida Authority has also announced scheme for allotment of leftover/cancelled plots in its area. Totalling about 169 residential plots in number, while the industrial, institutional, shops and kiosks will be allotted via an open-ended scheme, the residential plots will be allotted on single bid system, submissions for which will open on February 2.
Resource: http://timesofindia.indiatimes.com
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