YEIDA To Launch Affordable Housing Scheme By The End Of July

Yamuna Expressway Industrial Development Authority (YEIDA) is all set to launch another affordable housing scheme in Greator Noida with the aim of aiding development in the YEIDA area. One is for residential plots and another for industrial plots on the Yamuna Expressway.Both are expected to be launched by the end of this month.

Yamuna Expressway stretching 165 kms. connects international tourist destinations of Delhi and Agra. Yamuna Expressway, a 6-lane (extendable to 8 lane) access controlled Expressway, is planned to have 5 LFDs (Land of concessionaire) with facilities of 4 Toll Plazas, and 6 Interchanges along the entire length. All this has made the Yamuna Expressway a perfect destination for residential as well as for industrial set up. YEIDA is planning to allot 200 acres of land for the two upcoming projects.

According to officials, there will be a total of 800 small plots for residential homes which will be located in YEIDA’s Sector 22D while the number of industrial plots will be 320 located in YEIDA’s Sector 29. Talking about the sizes, the residential plots will be available in 120 and 162 sqm while industrial plots will lie in the range of 300, 600, 1000 and 1800 sqm in size. The reserve price for residential plots has been fixed at Rs 14,250 per square metre.while industrial plots will be allotted at Rs 6,100 per square metre. Allotment of plots will be done on lottery basis.

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