About 48 ready-to-move-in flats to be allotted in Greater Noida

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will conduct a draw on March 29 and 30 to allot flats to 48 applicants across multi-storey buildings in the city.

These are ready-to-move-in one, two and three BHK flats located in Sector Omicron 1 & 1 A, MU 2, XU 3, Eta 2 and Sector 12. The houses are in the range of Rs 9 lakh to Rs 73 lakh – with varied prices according to the sector.

For instance, the price of one BHK is Rs 9 lakh in MU 2 but Rs 16 lakh in XU 3. Two BHK flats are in the range of Rs 30 to 45 lakh, and three BHK flats are available for Rs 54 lakh to Rs 73 lakh.

Applicants whose names are selected in the draw can opt to pay an initial amount, but they must pay the complete sum within 90 days.

Those who choose payments in installments have to deposit 30% of the total amount within 60 days. RK Dev, general manager (property), said the district will introduce the scheme — called Residential Built-up Houses in Multi-storey Buildings and held every month — next on April 10. The draw for that will be organised within a month, he said.

The March-end draw will be recorded to maintain transparency.