By Accommodation Times New Service
To promote affordability housing, the Greater Noida and Yamuna Expressway authorities will develop 12,000 flats in the next couple of years. A layout plan has been sanctioned by the authorities on 24th January identifying the land. One of the senior officials informing said a total of 7,000 flats in Greater Noida and 5,000 flats in Yamuna Expressway will be developed. There has been a fast paced working which definitely shows the seriousness for the affordable housing. Land was earmarked and approved in the board meeting on January 11 and in just 13 days the layout plan of the project was duly sanctioned.
Official said, the features of the flats, the official said these will be 1BHK units and 4 storeyshigh. The blocks will be spread on a campus equipped with state-of-art infrastructure including a community centre, shopping complex, schools, nursing homes, playground and parks. The entire project costs Rs 150 crore. Each flat will be priced somewhere between 6.5 lakh and 8 lakh, for the Low Income Housing and ECB.