The Greater Noida Industrial Development Authority [GNIDA] has given the homebuyers a reason to cheer as it launched the Greater Noida Housing Scheme 2020. After witnessing a year full of delayed possession, liquidity and stalled projects this housing scheme is said to be the key to a happy home. Thus, here we let you know the complete details of the Greater Noida Housing Scheme 2020.
Under the scheme, GNIDA plans to offer 800 residential units in Sector 12, ETA II, and Omicron I. These units include 1BHK, 2BHK and 3BHK in various specifications. This new scheme of Greater Noida Authority gives buyers an option to own a home either in G+3 floor building or in a high-rise building that will be on a 90-years lease.
Here, 1BHK covers 52 sq m and comes in a budget of Rs. 28 lakhs, 2BHK has a unit area of 70-80 sq m and ranges between Rs 48-49 lakh. Similarly, 3BHK has a unit size of 132 sq m and costs Rs. 74.5 lakh. The unit value of housing units starts from Rs.28 lakhs and goes to Rs. 75 lakhs. The allotment of these units will be carried out via the lottery system.
The applicant must fall under the income group specified for each unit. For more information and to make an online application visit (www.greaternoidaauthority.in) the official website of the Greater Noida Industrial Development Authority. The scheme will close once all the offered dwelling units are allotted.
The Housing Scheme 2020 is launched by the Greater Noida Industrial Development Authority on 16th January this year. The online submission of application for the housing units is open from the same day. Remember, the online application process will begin on the 10th of every month and will close on the 30th of every month.
Both Sector 12 and Omicron I are surrounded by greenery and they are in vicinity to various reputed educational establishments. The aqua line operated by NMRC i.e. Noida Metro Rail Corporation also makes commutation hassle-free here.
GNIDA had previously launched this scheme in 2008 and 2013 respectively. But the prospects didn’t show much interest in these localities as the area was under-develop at that time. But, expansion of the metro line and other infrastructural development now has turned the homebuyers this way.