Greater Noida Authority Builder Plot Scheme 2024: Apply Online, Plot Price

About Greater Noida Authority Builder Plot Scheme 2024

Launching the builder plot programme on July 2, the Greater Noida Industrial Development Authority (GNIDA) opened the path for the construction of around 8,000 apartments. Five builder plots in five distinct Greater Noida regions are currently for sale, according to the authorities. The estimated revenue from the sale is around Rs 500 crore, based on the reserve price.  Read below to check the detailed information related to the Greater Noida Authority Builder Plot Scheme like About, Key Dates, Features, Registration Process, and much more.

About Greater Noida Authority Builder Plot Scheme 2024

The Greater Noida Industrial Development Authority (GNIDA) launched the builder plots initiative in response to an increase in demand for residential real estate. In these five sectors, which have good infrastructure and connections, developers will be able to build about 8,000 apartments under the initiative.

Greater Noida Authority Commercial Plot Scheme

Key Dates for Greater Noida Authority Builder Plot Scheme 2024

EventsKey Dates
Starting of Registration2 July, 2024
Registration Last Date23 July, 2024
Documents Submission29 July, 2024

Greater Noida Authority Builder Plot Scheme Features

Some of the key features of the scheme are as follows:

Location: Plots can be found in sectors Mu, Sigma 3, Alpha 2, Pi One, Omicron One A, and Sigma 3. The Eastern Peripheral Expressway (EPE) and the Yamuna Expressway, which link Greater Noida to the historic cities of Agra and Mathura, are well connected to these sectors. The future Noida International Airport in Jewar would be connected to these sectors as well.

Size of plot: The plots’ sizes vary from 3,999 to 30,470 square metres (sq m). According to the Greater Noida Authority, the proposal will allocate 99,000 square metres of land in total.

Cost: The reserve price varies based on the location and size of the land, from Rs 48,438 to Rs 54,493 per square metre. At the reserve price, the total cost of these five land lots comes to about Rs 500 crore.

Allotment: A date for the online auction has not yet been announced, but it will be used to allocate plots. The last day to apply is July 23. The scheme’s registration period started on July 2. Documents must be submitted by July 29th for interested applicants.

Plan of payment: Ten percent of the reservation amount must be deposited by the applicants as earnest money at the time of application submission. The winning bidder will be required to pay the whole sum within ninety days of the allocation letter being issued.

YEIDA Plot Scheme

Greater Noida Authority Builder Plot Scheme Registration Process

Plots will be distributed via an online auction, the date of which has not yet been set. The scheme’s registration period started on July 2 and ends on July 23. Interested parties have until July 29 to turn in their paperwork.

FAQ’s

Who initiated the Greater Noida Authority Builder Plot Scheme?

The scheme was introduced by the Greater Noida Industrial Development Authority (GNIDA)

When is the last date to apply for scheme?

The last date for registration is 23 July 2024.

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