Delhi-NCR The price of the property is on fire. Due to this, many people are not able to buy their house even after wishing. If you talk about Noida, then it is difficult to get a property for less than 1 crore. However, in the meantime a good news has come. The Noida Authority is preparing to make cheap flats in the middle of Noida. The best thing is that the price of the flat can be less than half over private developers. According to the news published in Hindustan, the Noida Authority is going to build a multi-story building in Sector-27, Noida. More than 700 flats will be built here by the authority.
Flat key will be found through draw
The flat to be created by Noida Authority will be allotted through draw. By doing this, it will help to stop rigging. According to the information given, the Noida Authority had built 200 flats for its employees in Sector-27. Now these flats have been more than 35 years. That is why they are dilapidated. The Authority will break this flat and build a multi -story building here. By breaking this flat in Sector-27, the authority will get an area of 17 thousand square meters. There is a preparation to build a 10 -storey tower on it.
How much price is expected
To keep the price of Noida Authority flat low, it is planned to make the size small. According to the information received, the site of the flat will be 800 sq ft in this project to be built in Central Noida. That is, 2 BHK flats will be built with two bedrooms, one drawing low dining room, kitchen and two bathrooms. Talking about the price, the price of the flat can be around 45 lakh rupees. That is, there can be less than half the price than private developers. Currently, it is difficult to get a flat for less than Rs 1 crore in Noida. It is also difficult to assess the price in Central Noida.
Latest business news