Lack of Affordable Housing In Twin Cities: Noida & Greater Noida

Only 16,463 flats have been built by GNIDA since 1995 out of which 10,623 homes have been registered and handed over so far. In 2011, about 700 flats of 35.95 sqm were allotted for a four-floor building which was launched under the Built-up Housing Scheme.

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Lack of Affordable Housing In Twin Cities: Noida & Greater Noida

Because of the lack of affordable housing in twin cities Noida and Greater Noida, many people opt for unauthorised apartments in villages like Shahberi. In the past five years, the Greater Noida Industrial Development Authority (GNIDA) has not come out with a single housing scheme for Economically Weaker Section (EWS) and Lower Income Group (LIG). Noida Authority came out with its first scheme in 2015.

Only 16,463 flats have been built by GNIDA since 1995 out of which 10,623 homes have been registered and handed over so far. In 2011, about 700 flats of 35.95 sqm were allotted for a four-floor building which was launched under the Built-up Housing Scheme (BHS) 14 in Sector XU-03. Currently, no possession has been awarded in these as construction is still underway, said CEO of GNIDA.

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In the past five years (2013 to mid-2018), a total of 7,140 flats of 29.76 sqm were allotted for a four-floor building launched under BHS 14 and BHS 16 schemes in sectors 10 and MU 02. Of these, GNIDA has obtained possession certificate of 2,470 units after having executed the lease deed of the building.

A total of 10,623 homes for low-income group category have been provided out of 16,463 from 1995 till date under different schemes in different sectors. In future too, we will look into providing affordable housing as and when land acquisition happens in Greater Noida.

The Greater Noida Authority maintained that directives under the Pradhan Mantri Awas Yojana have been received by the GNIDA on July 20, 2018.

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The Noida Authority, meanwhile, is in the process of delivering 1,250 flats under the Samajwadi Awasiya Yojana. The project was commissioned in 2015-2016. These one and two BHK flats have come up in sectors 117, 118 and 122, with possession to be given in December.

The one BHK flat was priced at Rs 14 lakh while the two BHK flats were priced at Rs 30 lakh. These flats are ready and allotments have already been done.

Source Link- https://timesofindia.indiatimes.com/

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