Greater Noida development body offers nine plots for commercial purpose – ET RealEstate

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GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Thursday launched a scheme to offer nine commercial plots. A total of 31,328 sqmt of land is on offer and the Authority is expecting an investment of Rs 139 crore from the scheme.

Application forms can be downloaded from the GNIDA website till October 8 and the last date for submitting them is October 12. The plots will be auctioned on October 25.

“The commercial department of the Authority has launched a scheme under which nine plots will be offered for setting up commercial establishments such as malls, shopping complexes and hotels. These plots are located in sectors Delta 2, Gamma 2, Eta 1, P-4. Pi 1 and Sector 36,” said Narendra Bhooshan, the GNIDA CEO.

The reserve price of the plots — ranging between 7,455sqmt and 1,200sqmt — has been kept at Rs 44,250 per sqmt and Rs 46,190 per sqmt for two FARs. “The Authority will allot a total of 31,328 sqmt under this scheme. The total value of these plots, based on the reverse price, is around Rs 139 crore,” said Bhooshan.

Residents welcomed the move. “There is a need for shopping malls and complexes in sectors such as Gamma 2, Delta 2, Pi 1, etc. The allotments will help benefit many residents of the area,” said Surendra Bhati, a resident of Greater Noida.

On September 7, GNIDA had launched a scheme of 42 shops and 31 kiosks on offer.



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YEIDA to launch housing plot scheme near Jewar airport site soon – ET RealEstate

GREATER NOIDA: The Yamuna Expressway Authority plans to launch a residential plot scheme in sectors 17 and 22D near the upcoming international airport at Jewar by October this year.

Officials have been told to locate about 1,000 feasible plots ranging from 120 to 300 sqm in these two sectors.

GNIDA is also preparing to launch a built-up residential housing scheme in sectors Xu 1, 2 and 3 by the middle of this month.

“Work is underway to locate plots for the residential plot scheme in sectors 17 and 22D of the Yamuna Expressway area. Instructions have been given by the CEO to draw up the scheme for launch latest by early next month,” said an official from YEIDA.

GNIDA officials, meanwhile, said that their property department has made all preparations, including the brochure, for the residential housing scheme that is expected to be launched by mid-September.

For this, about 113 built-up buildings as well as plots, which had been left out of allotment earlier, have been identified by the Authority in sectors Xu 1, 2 and 3.

“Some 12 buildings of 200 sqm in Sector Xu 1, 16 buildings of 120 sqm in Sector Xu 2, and 85 plots of 120 sqm in Sector Xu 3 have been identified. The cost of a 120 sqm building will be around Rs 58 lakh while that of a 200 sqm building will be around Rs 82 lakh,” an official said.

“Allotment will be done on a first come first serve basis. Preference will be given to allottees opting to make a lump sum payment. There will also be an option to pay in instalments. The applicant will have to apply by paying 10% of the total cost and only through the online application process,” he added.

While the link to apply for the scheme will be available on the GNIDA website, the successful applicants will have to deposit 20% of the total amount within 60 days from the date of allotment.



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Homebuyers can clear Greater Noida development body’s dues till Sept 30 – ET RealEstate

GREATER NOIDA: About 3,500 homebuyers from various sectors of Greater Noida, who have defaulted on payments to the Greater Noida Industrial Development Authority (GNIDA), will now get time till September 30 to clear their dues.

According to GNIDA’s records, there are 3,369 homebuyers and 217 plot owners who have defaulted on payments. They are from sectors 3, Omicron 1, 1A and 2, Xu 2 and 3, Mu 2, Eta 2, Alpha, Beta, Delta and so on. Officials said only simple interest would be levied on the compensation that is due. The additional penalty on interest will be waived.

Apart from this, if there is any delay in getting a lease deed done, a 40% rebate will be given on the total late fee. “If one has purchased a residential plot or constructed a building on GNIDA land and owes the authority some payment, the last date of availing exemption on payment of the total outstanding amount is September 30. We had approved this one-time settlement scheme in our board meeting on June 26. After September 30, the allottees will have to pay the entire outstanding amount with due interest,” said Narendra Bhooshan, the GNIDA CEO.

Under the scheme, owners of plots measuring up to 150 sqmt will have to pay Rs 2,000 as processing fee. For those allotted bigger plots, a processing fee of Rs 5,000 will be levied.

The application form for the scheme is available on the GNIDA website. For any information on the scheme, one can dial the authority’s call centre number — 0120-2336046-49.



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Houses in Greater Noida to get Ganga water from September – ET RealEstate

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GREATER NOIDA: Houses in Greater Noida will get Ganga water from next month, officials in the Greater Noida Industrial Development Authority (GNIDA) announced on Saturday.

GNIDA was supposed to start supplying Ganga water several months ago, but the project got delayed because of the pandemic. It was waiting for a clearance from the authorities to start work at Bisada village. GNIDA could not start digging the land there for laying the pipes because of an Indian Oil pipeline that was already there.

A total of Rs 800 crore will be spent on bringing about 85 cusecs of water into the town. The water will be supplied from the Ganga canal in Muradnagar.

GNIDA officials also claimed that only 1,500 of 19,000-odd farmers were left to be given developed plots for the land they had given up for various projects. In the next round, 387 farmers from Sakipur and Dadha villages would be given plots. These plots have already been developed and the land department is preparing a checklist that will be issued to execute registries.

Moreover, officials from the development authority visited the industrial blocks in Ecotech sector on Sunday following complaints from several businessmen about poor drainage networks, water supply, etc.



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