| Noida Real Estate: Luck of the Draw | | | | This time round, the Greater Noida Industrial |
| A new residential scheme for lower and middle | | | | Development Authority has followed a different |
| income groups has been introduced by the Greater | | | | initiative from its earlier practice of inviting tenders on a |
| Noida Authority providing 2,256 constructed houses in | | | | two bid system for Group |
| four different categories, and covering an area of 70, | | | | Housing Societies in 300-acres for different sectors. |
| 90, 120 and 250-sq. m. that will be priced at Rs. | | | | This scheme of the Greater Noida authority provided |
| 12.33-lakh to Rs. 36.48-lakh. | | | | the developers with an opportunity to participate in the |
| Launched through a lucky draw by the Greater Noida | | | | development of a smartly slick city, where at all stages |
| Authority, the allottees lucky enough to win the draw, | | | | of development, supply precedes demand. |
| will be permitted to make additions according to the | | | | Holding many attractions for buyers and end-users in |
| approved building plan, copies of which are available | | | | the form of a constant supply of drinking water, |
| with Greater Noida's Planning Department, while | | | | uninterrupted power supply, green areas, proposed |
| constructions that do not conform to it, will need to be | | | | metro, airport and world's fourth night safari, this |
| approved. | | | | Greater Noida residential scheme saw many |
| While, a 70-sq. m. house in this housing complex will | | | | participating in the draw. |
| cost Rs. 12.33-lakh, houses measuring 90, 120 and | | | | Further, the permissible area for plots, commercial and |
| 250-sq. m. are priced at Rs. 14.96, 20.14 and 36.48-lakh | | | | commercial facilities is said to be 65% of the total area |
| respectively. The 250 and 120-sq. m. houses will come | | | | as per population norms permitted in the master plan |
| with two bedrooms, a drawing, dining, kitchen and | | | | of 2021, with the rest to be according to building |
| bathroom, whereas, those measuring 90 and 70-sq. m. | | | | regulations. |
| will consist of one bedroom, a drawing room, kitchen | | | | There will also be provision in this housing complex for |
| and a bathroom. | | | | other facilities, such as, nursery school, senior |
| Housed in Greater Noida's new sector, Omicron near | | | | secondary school, nursing home, convenience |
| the village Mathurapur and Ghori Bachhera, the housing | | | | shopping, commercial sector, milk booth, auto-taxi |
| complex will have a swimming pool, park, community | | | | stand, secondary shopping and community centre, |
| centre, post office, hospital, shopping complex and a | | | | provided by the developers, while the green belt will be |
| parking space. | | | | developed according to the authority's zonal plan. |