Eight Housing Plots on Offer in New Township in Greater Noida

By Bricksnwall | 2023-05-01

Greater Noida Authority has recently launched a new residential scheme in which eight housing plots are up for grabs. The plots are part of a new township development, which is expected to cater to the growing demand for affordable housing in the region.

The new scheme is designed to attract buyers who are looking to invest in the region's real estate market. The plots range in size from 100 square meters to 200 square meters, with prices starting from INR 30 lakh. The plots are located in a prime area of the township and are well-connected to major highways and public transport.

The Greater Noida Authority has said that the scheme is aimed at promoting affordable housing and will help meet the housing needs of the middle and lower-income groups. The plots are available to individuals, as well as to group housing societies and developers.

The Greater Noida Authority has been working towards developing affordable housing in the region for the past few years. The authority has already launched several schemes to promote affordable housing, which has been well-received by buyers.

The region has seen significant growth in demand for affordable housing in recent years, thanks to its proximity to major employment hubs such as Noida, Greater Noida, and Delhi. The new scheme is expected to further boost the region's real estate market and help bridge the demand-supply gap in affordable housing.

According to industry experts, the scheme is a great opportunity for buyers looking to invest in the region's real estate market. The plots are located in a prime area and are expected to appreciate in value in the coming years, making them a lucrative investment option.

As per the officials, the Greater Noida Authority has set up the whole process to be conducted online in order to ensure transparency and avoid any malpractices. The bidding process is expected to start soon, and interested buyers can apply by submitting their bids online.

Apart from the basic amenities like water, electricity, and sewage connections, the township will also offer a range of recreational facilities like parks, playgrounds, and community centers.

This move by the Greater Noida Authority is expected to provide a boost to the real estate sector in the region, which has been affected by the COVID-19 pandemic. The demand for housing has been increasing steadily in recent times, with people looking for affordable and spacious homes.