Greater Noida News: In alignment with Chief Minister Yogi Adityanath’s visionary agenda, the Uttar Pradesh government has introduced a groundbreaking scheme aimed at transforming Greater Noida into a prominent educational hub. The initiative, spearheaded by the Yamuna Expressway Industrial Development Authority (YEIDA), invites applications for plots falling under five distinct categories situated in Sector 17-A and 22-E.
Commencing on September 28, the scheme outlines a premium pricing structure for these plots, ranging from Rs 111 crore to Rs 174 crore. Additionally, a processing fee of Rs 5,500 plus GST charges applies.
Fostering Educational Excellence and Economic Growth
The primary objective behind this initiative is twofold: firstly, to cultivate Greater Noida as a thriving educational epicenter, and secondly, to position Uttar Pradesh as a pivotal contributor to India’s journey towards becoming a one-trillion-dollar economy.
Promising Prospects for Investors
Greater Noida’s strategic location, in close proximity to Jewar Airport, International Film City, Yamuna Expressway, and the Buddha Circuit, makes it an attractive destination for investors. Furthermore, the introduction of the innovative Pod Transit System, a first-of-its-kind project in India, enhances its appeal. This comprehensive infrastructure promises to provide investors in the education sector with world-class facilities, making it an enticing proposition for those looking to establish universities and educational institutions in the region.
Application Deadline and Further Information
Prospective applicants have until October 27, 2023, to submit their applications for plots in this ambitious project. Detailed information and application procedures can be found on the official website of YEIDA.
Pricing Structure
The pricing structure for the plots is delineated on the YEIDA website, including crucial details such as plot area, sector, per square meter rate of allotment, and total premium. Notably, the per square meter rate varies from Rs 9,141 to Rs 12,158, depending on the specific plot.
For instance, Plot Number 11, spanning 1.21 lakh square meters in Sector 17-A of Greater Noida, has been assigned a per square meter rate of Rs 9,141, resulting in a total premium of Rs 111.27 crore, which is the most affordable option. Conversely, two plots covering 2.05 lakh square meters each have a premium of Rs 174.38 crore per plot. Similarly, two plots measuring 1.05 lakh square meters each entail a premium of Rs 128.13 crore per plot.
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