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