Yamuna Authority is bringing a new scheme of 4000 plots, the biggest investment opportunity – Read
There is good news for people dreaming of building a house near Noida International Airport. Yamuna Expressway Industrial Development Authority is soon going to launch a big residential plot scheme in Sector-5. Under this scheme, about 4 thousand residential plots will be made available to the people. According to the proposed plan of the authority, plots of 200, 300 and 400 square meters will be included in Sector 5 next year. These plots will be for those people who want to build their own house near the airport.
Land purchase process expedited
If Yamuna Authority officials are to be believed, the process of purchasing land in Sector-5 has been expedited. As soon as the land acquisition process is completed, the scheme will be opened to the general public. Even before this, the authority has brought the scheme of 973 residential plots, which got good response from the people.
Small plots of 40 square meters will also come.
Along with the big plot scheme, the authority is also preparing to bring small plots of 40 square meters. This scheme is being made especially keeping in mind the people of middle and low income group, so that more and more people can build their own houses. The authority is already working on a plan for a 40 square meter plot.
Development proposal worth Rs 243 crore
Yamuna Authority has also prepared a proposal of Rs 243 crore for the development of residential sectors. With this amount, roads, sewers, drainage, electricity, parks, green belts and other basic facilities will be developed so that people can get better facilities along with getting plots.
Demand increased due to airport
Due to the construction of Noida International Airport, the demand for land and housing in Yamuna Expressway area has increased rapidly. Along with investors, common people are also showing interest in building houses here. Keeping this in view, the authority is continuously preparing to bring new housing schemes.
Golden opportunity for those investing in property
After the airport becomes operational in January, the rates of land around the Jewar Airport area will double because the authority has currently charged the rate of these lands around 3500 square meters. In the coming time, this rate is expected to increase from double to 4 times. It is believed that there is a huge golden opportunity for those who invest in property.
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