How To Apply For Greater Noida Housing Scheme 2020

Buyers looking for ready homes in the Greater Noida housing markets are in luck ─ the Greater Noida Industrial Development Authority (GNIDA) has launched a housing scheme under which it would be selling a total of 845 ready-to-move-in homes in this market.

All you need to know about the scheme

Key dates

*The scheme was launched on January 16, 2020. The form submission for the scheme started on the same date.

*Between 10 and 29 of every month, buyers would be able to fill the application form for this “open-ended scheme”. The page would close on the 30^th. The draw of lots for the applications made in a month would be done on the fifth day of the next month. If that happens to be an off day, the draw of lots would take place the next day.

On offer

The authority is selling 1, 2 and 3BHK houses located at Sector 12, Omicron-01 and ETA-02.  Barring the 2BHK units, all other types of homes, including deluxe 2BHK units, are in multistory housing projects.

Do note here that the allotment would be done on a leasehold basis for a period of 99 years.

Up for grabs

How to apply?

Visit www.greaternoidaauthority.in and click on Built-Up Housing Scheme tab. To read the terms and conditions, click here.

Why should you invest?

Plans are afoot to build the national capital region’s third airport in Jewar near Greater Noida. The arrival of the airport would not only boost property values in the area but also give a major push to the rental market here. This makes investment beneficial for buyers as well as investors.