Greater Noida Authority announces scheme for allotment of 11 commercial plots

The Greater Noida Authority Thursday announced a scheme for the allotment of 11 commercial plots.

The process will continue for 21 days beginning September 26 via online applications.

The announcement came during a meeting of Greater Noida CEO Surendra Singh with the representatives of the Confederation of Real Estate Developers’ Associations of India (CREDAI) and other organisations.

“The allottees can build a total floor coverage of upto 400 per cent of the ground coverage, allowing high rise commercial buildings in Greater Noida. The allotments will be done through auction with the entire process from application to allotment being conducted through an online SBI portal,”said Singh.

Singh also said that the scheme was being launched in view of the investor demands and the needs of residents, noting that possession would be given immediately after allotment since none of the plots are disputed.

“With commercial activities in these places, the daily needs of the residents will be met,”he added.

10 per cent of the total plot cost, according to officials, would have to be paid for registration costs with the remaining amount to be done within 90 days of the plot allotment.



Source link

Latest

$100M Lawsuit Filed In Case Of Man Paralyzed While In New Haven Police Custody

Lawyers representing a Black man who became paralyzed while...

Royal Mail workers to hold 19 days of strike action

"Rather than responding to our offer of Acas talks,...

Putin only needed Nord Stream pipeline for blackmail or war: EU official

A European Union official has leveled accusations against both...

Terrified girl sent running by Queen’s Guard

A girl who got in the way of a...

Uttar Pradesh: Cabinet clears bio-energy, MSME policies

The Uttar Pradesh Cabinet on Tuesday cleared the bio-energy policy in an attempt to attract big-ticket investments and increase agriculture income in the state....

Surviving as a Celebrity Manager: Lee Seo Jin, Kwak Sun Young, Seo Hyun Woo and Joo Hyun Young turn managers in teaser of Call...

South Korean actors Lee Seo Jin, Kwak Sun Young, Seo Hyun Woo, and Joo Hyun Young turn into managers in the...

NCP, BJP spat over cancelled PMC-PFI deal in 2020 to cremate Covid victims

The NCP on Tuesday demanded that the BJP government publicise the information pertaining to the Popular Front of India (PFI) that led to the...