GNIDA Flats Scheme in Sector – MU-II & 10, Greater Noida – April 2013
Greater Noida Industrial Development Authority (GNIDA) has launched four storeyed flat schemes in Sector MU-II and Sector 10 of Greater Noida (BHS-16/2013).
There are total of 7,215 flats in the scheme, with 5,265 flats in Sector MU-II and 1,950 in Sector 10 of Greater Noida. All the flats are 1BHK of 29.76 square meters.
The cost for ground floor is Rs 8.63 Lakhs while the First, Second and Third Floor costs Rs 7.52 Lakhs.
GNIDA Sector – MU-II & 10 Flat Scheme – Who can Apply?
Anyone who is resident of India and is over 18 years of age.
Husband/ wife and dependent children can apply for only one flat
Husband/ wife and dependent children have not been even allotted plots or flats under any scheme by GNIDA
50% of flats are reserved among the following categories:
Allottees of GNIDA Industrial Units which are functioning – 17.5%
Farmers whose land was acquired by GNIDA – 17.5%
Allottees of GNIDA Commercial & Shop Units – 10%
GNIDA Employees – 5%
There is also horizontal reservation of 3% for handicapped Persons
GNIDA Sector – MU-II & 10 Flat Scheme – How to Apply?
Application form can be obtained for Rs 550 from the bank branches listed below from April 3, 2013
The application duly signed, completed in all respect along with registration money should be submitted by May 2, 2013 in those bank branches.
Application and detailed brochure can also be downloaded from GNIDA Website. These applications need to attach Rs 550 bank draft in favour of Greater Noida Industrial Development Authority payable at Greater Noida.
With popularity of Mutual Funds you must have heard “Mutual fund investments are subject to market…
Draw Date: September 2, 2013
GNIDA Sector – MU-II & 10 Flat Scheme – List of Banks:
Below is the list of banks where the GNIDA Sector – MU-II & 10 Flat Schemes application form would be available and can be submitted. These banks might also finance the earnest money (registration money) for applying to the scheme.
Cost & List of Banks financing GNIDA Sector – MU-II & 10 Flat Scheme:
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Indian Bank, N-9, Sector 18, Noida is financing the earnest money of Rs 80,000 for GNIDA Sector – MU-II & 10 Flat Scheme.
The Loan Process:
You would need to open a savings bank account with them and submit the following documents:
Form 16 for last 2 years
Recent 3 months salary slip
2 copies of ID proof
2 copies of Address Proof
4 Passport size Photographs
Cost of Financing: Approx Rs 4,500 (all inclusive)
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GNIDA Sector – MU-II & 10 Flat Scheme: Why you should apply?
The scheme is from Greater Noida Industrial Development Authority (GNIDA), so you can be positive that the land and flat would be free of litigation and built as per Government building laws. No problems of completion certificates or adverse surprises after you move in.
The cost of the flats seems reasonable. The super built up area is 29.76 sq. mt. (= 320.33 sq. ft) and costs between 7.52 lakhs to 8.63 lakhs. This comes out to be Rs. 2,348 to Rs 2,694 per sq. ft. all inclusive cost. It would be difficult to get these kinds of flats at this cost at this location.
There are around 3,500 flats for general public (unreserved). So you might have a better chance of allotment than other authorities’ schemes.
Greater Noida is upcoming real estate location in NCR. There would be good population moving in Greater Noida (West) or Noida Extension in coming years. This would in turn impact the prices of other sectors of Greater Noida too.
Greater Noida is well planned city and GNIDA is the best authority as far as planning of city is concerned .
GNIDA Sector – MU-II & 10 Flat Scheme: Why you should not apply?
Since all flats are 1BHK and cheaper than market rate, you might not be happy with the gentry, if you plan to settle there.
As of today the Greater Noida area is not populated and so you might find it difficult to live there.
You can download the detailed floor plan, brochure and application form from GNIDA Website here.
Here is the advertisement of the GNIDA Sector – MU-II & 10 Flat Scheme:
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Amit
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R SIR/MADAM, I WAS NOT SUCCESSFUL IN THE RECENT DRAW OF BHS 16/2013 ,HWEN I WILL GWT MY MONEY REFUNDED ? IT'S ALREADY A MONTH SINCE THE DRAW. I HAVE BEEN APPROCHED MY PROPERTY DEALER AT TO BUY ? WHICH IS GUD LOCATION TO LIVE & AT WHAT PREMIUM IS IT GUD TO BUY ? AS POSSESION WONT BE GIVEN BY GNIDA . IF I BUY WILL IT BE ON EMI? OR DIRECT BUY WITH FULL PAYMENT POSSIBLE ? HOW & WHEN IT WOULD BE TRANSFERRED ON MY NAME IF I BUY FROM DEALERS?
PANDIT JI
9910674026,9871098448
Hello
After the draw , I had been allotted block 302 , sector MU 2 ,
any idea about appreciation of the property in the coming years?
How far is it from noida extension gaur chowk.
Which is the exact date of DRAW for BHS16 / 2013 of GNIDA. Kindly give the confirmed date; time and location of draw.
kindly inform me the number of application received in Sector MU-II and Sector 10 of Greater Noida (BHS-16/2013) .
i wana cell my bhs-16 flate 2rd flor sector 10 if any purchase then call me vijay sharma 9810979108
If somebody did not get his name name in lucky draw, so how long will it take to get his amount refunded.
I want to sale my BHS-16/2013- 1BHK Flat in MU-11
9910079529
Date : 26/07/2013
Please advise is this scheme is still active.
I can appy for this.
Thanks & regards
Noori
Whether these are the good scheme for apply or not
Depends on you! We have already discussed the pros and cons of the scheme in the post :)
I have moved to a newly built socity in Greater Noida and I am paying Rs 2,500 for security and maintenance to my builder. We were on a weeks holiday and there has been theft in my house. Can I drag the builder to court for compensation for my loss?
I think if there is theft in the house the security agency should be held liable for this. In your case it is the builder and so you should take him to court and get adequate compensation!
Can anyone pls let me know that when will we get possession if i go for this project......any expected month/year??
I am not sure as the brochure doe not mention that, but heard that people from last draw are still waiting for possession!
which sector is better Mu or 10?
How far are they from Noida extension?
Sector 10 is close to Noida Extension. But the application form does not ask for your choice on this!
IN GREATER NOIDA AUTHORITY FLAT SCHEME WHETHER ONE CAN APPLY MU-II 0R SECTOR 10 FLAT.OR THERE IS NO CHOICE.I AM CONFUSED.
There is no choice of MUII or Sector 10 in application form
View Comments
R SIR/MADAM, I WAS NOT SUCCESSFUL IN THE RECENT DRAW OF BHS 16/2013 ,HWEN I WILL GWT MY MONEY REFUNDED ? IT'S ALREADY A MONTH SINCE THE DRAW. I HAVE BEEN APPROCHED MY PROPERTY DEALER AT TO BUY ? WHICH IS GUD LOCATION TO LIVE & AT WHAT PREMIUM IS IT GUD TO BUY ? AS POSSESION WONT BE GIVEN BY GNIDA . IF I BUY WILL IT BE ON EMI? OR DIRECT BUY WITH FULL PAYMENT POSSIBLE ? HOW & WHEN IT WOULD BE TRANSFERRED ON MY NAME IF I BUY FROM DEALERS?
PANDIT JI
9910674026,9871098448
Hello
After the draw , I had been allotted block 302 , sector MU 2 ,
any idea about appreciation of the property in the coming years?
How far is it from noida extension gaur chowk.
Which is the exact date of DRAW for BHS16 / 2013 of GNIDA. Kindly give the confirmed date; time and location of draw.
kindly inform me the number of application received in Sector MU-II and Sector 10 of Greater Noida (BHS-16/2013) .
i wana cell my bhs-16 flate 2rd flor sector 10 if any purchase then call me vijay sharma 9810979108
If somebody did not get his name name in lucky draw, so how long will it take to get his amount refunded.
I want to sale my BHS-16/2013- 1BHK Flat in MU-11
9910079529
Date : 26/07/2013
Please advise is this scheme is still active.
I can appy for this.
Thanks & regards
Noori
Whether these are the good scheme for apply or not
Depends on you! We have already discussed the pros and cons of the scheme in the post :)
I have moved to a newly built socity in Greater Noida and I am paying Rs 2,500 for security and maintenance to my builder. We were on a weeks holiday and there has been theft in my house. Can I drag the builder to court for compensation for my loss?
I think if there is theft in the house the security agency should be held liable for this. In your case it is the builder and so you should take him to court and get adequate compensation!
Can anyone pls let me know that when will we get possession if i go for this project......any expected month/year??
I am not sure as the brochure doe not mention that, but heard that people from last draw are still waiting for possession!
which sector is better Mu or 10?
How far are they from Noida extension?
Sector 10 is close to Noida Extension. But the application form does not ask for your choice on this!
IN GREATER NOIDA AUTHORITY FLAT SCHEME WHETHER ONE CAN APPLY MU-II 0R SECTOR 10 FLAT.OR THERE IS NO CHOICE.I AM CONFUSED.
There is no choice of MUII or Sector 10 in application form