Affordable houses to come up along Yamuna expressway – ET RealEstate

GREATER NOIDA: The Yamuna Expressway Authority has earmarked Sector 18 for affordable housing. A plot measuring 12.35 acres has been selected for the project. With multiple industrial clusters being planned along the highway, a need to have proper accommodation for workers deployed in such units has been felt for long.

Sharing details, YEIDA CEO Arunvir Singh said that private firms have been asked to come forward and share ideas and design concepts for the affordable units. “We will go through the models being followed in other industrial townships. Since many workers migrate to big cities in search of green pastures, rental housing is also gaining traction. We want to create a sustainable township,” he said.

Within the next two to three years, YEIDA is expecting industrial activity to take off in the region. Consequently housing units for people engaged in such units will be needed.

The Authority will provide details of the scheme being planned in the area, along with the possession timeline to the firm. Apparel Park, Toy Cluster and allocation in Sector 32 are some schemes that are expected to generate employment in the area.

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