The Noida Authority has launched
affordable residential apartment schemes on January 26 that marked the occasion
of Republic Day. These are around 2000 apartments under the Samajwadi Awas
Scheme or Yojna.
The Samajwadi Awas Yojna is an
aspiring housing scheme of Uttar Pradesh government under which the state aims
to build around 3 lakh affordable homes in the range of Rs 10 to 15 lakhs this
year for the low income group and economically weaker section segments of the
society. This scheme is likely to offer concessions which includes single
window clearances and rebate on the stamp duty.
The affordable housing will be
provided in 3 sectors of Property in Noida including sectors 122, 118 and 117. While there are 1280 number of
apartments in 71 meter sizes apartments and 32 meter size with a total
720. However, the flats under this
scheme will be allotted on the basis of the lottery.
The construction of these Property in Noida are already complete
by the authorities and the money invested in the construction of these projects
are almost Rs 160 crore. There are segmentation on the prices of the
residential flats as the 71 meter flat are Rs 30 lakh and 32 meter flat for Rs
14.07 lakhs. The multi-storied buildings are located in a four-storied building.
Under the scheme, although, the lower income group will have kitchen, 2 rooms,
bathroom, balcony and toilet whereas economically weaker section apartments
will have one room, toilet, bathroom, balcony and a kitchen.
Definitely this scheme is of
benefit for the lower income group as well as the economically weaker sections.
They will be able to have their own home at affordable rates as this would
decrease their pressure of paying for homes with high rates. Thus, this is a
good scheme by the government and the sections that are covered under this
should utilize this scheme and secure their future as well.
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