12,000 New Affordable Flats to come up at Greater Noida-Yamuna Expressway

If you were waiting for an affordable house to buy in Greater Noida and Yamuna Expressway, than your wait might get over soon. Government authorities have allotted land for building almost 12,000 affordable flats along the Yamuna Expressway and Greater Noida in coming 2 years.

Going according to the figures approx. 7000 flats will be built in Greater Noida and approx. 5000 flats on Yamuna Expressway. According to a Senior Official “We have identified Sector Mu-2 and Sector 10 in Greater Noida for the project while in Yamuna Expressway, the flats will be developed in sector 18”.

Unlike other projects Government authorities are too serious about this particular one. It can be figured out from the fact that on ’11 January the land was earmarked and approved in the board meeting and in just 13 days the layout plan for the entire project was approved by the authorities’.

Talking of the special features of these flats, the Officials said “These will be one-bedroom units and four storeys high. The blocks will be spread on a campus equipped with state-of-the-art infrastructure including a community center, shopping complex, kiosks, schools, nursing homes, playground and parks”. Adding further he said “There will be no need of painting the building. Keeping the increasing number of vehicles in the city, there is also a provision of garages in the project”.

The entire project will cost approx. Rs 150 crore and each flat will be priced at Rs 6.5 lakh to 8 lakh. The buyers need not to worry about loans also as most of the banks are ready to sanction almost 90% of the total cost. So start preparing to own a dream house and that too at a very affordable price.

News Courtesy – Times of India

Posted in: affordable houses on yamuna expressway,yamuna expressway