Greater Noida Industrial Development Authority has recently announced the allotment of builder plots through e-auction. The cooperative housing plot project has now been announced on February 7, 2024 by the authority, following a delay of over 13 years.
Eight new plots, ranging in size from 13,938.50 sq m to 32350 sq m in different locations within Greater Noida, are being offered under the new scheme. Eight new plots, ranging in area from 13,938.50 sq m to 32350 sq m throughout various regions around Greater Noida, are being offered under the new scheme.
Even though GNIDA has revealed its eagerly anticipated cooperative housing plot concept, prospective homeowners may find it difficult to obtain the required capital. OneNDF can help you in this situation.
OneNDF can be your trusted partner in navigating the GNIDA plot scheme application process. It can connect you with trusted lenders and guide you through every step of the process, from understanding your financial needs to selecting the most suitable loan option
What is Greater Noida Industrial Development Authority (GNIDA)?
The UP Industrial Area Development Act of 1976 established the Greater Noida Industrial Development Authority (GNIDA) in January 1991 to supervise the design, development, and regulation of Greater Noida.
The Greater Noida Authority is putting significant efforts to build a city that provides commercial and industry routes, connectivity, and housing options for potential homebuyers. The area is frequently seen as an extension of Noida. The GNIDA has been drawing a lot of interest from investors by releasing land proposals for Greater Noida.
Greater Noida Industrial Development Authority Plot Scheme 2024 : Important Dates
The plot specifics for the new GNIDA builder plot plan 2024 that are available for allocation are as follows:
| Stage | Date |
| Registration Opens | February 7, 2024 |
| Registration Closes | February 27, 2024 |
| Earnest Money Deposit & Processing Fee | February 29, 2024 |
| Submission of final documents | March 1, 2024 |
| Date of E-auction | To be determined |
Greater Noida Industrial Development Authority Plot Scheme 2024 : Details of the Plot
Here’s a comprehensive breakdown of the upcoming land auction, showcasing a diverse range of plots with varying sizes and reserve prices:
| Number of the Plot | Sector | Area of the Plat (in sq m) | Reserve price |
| GH-02E | Mu | 18215 | INR 83,78,90,000 |
| GH-01/GH-01A | Omicron-1A | 30470.52 | INR 1,40,16,43,920 |
| GH-01A | Eta-02 | 28265 | INR 1,43,02,09,000 |
| 151 | Sigma-III | 30000 | INR 1,38,00,00,000 |
| 207 | Sigma-III | 38771 | INR 1,78,34,66,000 |
| B-255 | 36 | 13938.5 | INR 67,32,29,550 |
| GH-01/B, c, D, E, J and K | 12 | 32350 | INR 1,30,05,34,700 |
| GH-01/F, G, H and I | 12 | 22558 | INR 90,68,76,716 |
Greater Noida Industrial Development Authority Plot Scheme 2024 : How to apply for the Plot?
Follow the given steps to apply for the Plot under Greater Noida Industrial Development Authority Plot Scheme 2024 –
Download and Submit the Application:
- Download the scheme brochure as well as the application form from the GNIDA’s website or Nivesh Mitra Portal.
- Submit the completed application form online through the portal after the payment of required fees.
Pay Processing Fee and Earnest Money:
Pay a non-refundable processing fee (variable based on plot size) and a refundable earnest money deposit (10% of the plot premium) online.
Choose Your Plot:
Select your desired plot from the available options.
Await Allotment:
Plot will be allotted within 45 days of application submission.
Check out various plot scheme in Uttar Pradesh
Greater Noida Industrial Development Authority Plot Scheme 2024 : Relevant Processing Fees
Candidates are requested to remit processing fees in the following manner:
| Plot Size | Processing Fee |
| Up to 5,000 sq m | ₹ 1.15 lakhs |
| 5,000 to 10,000 square meters | ₹ 2.15 lakhs |
| Above 10,000 sq m | ₹ 4.15 lakhs |
Conclusion
Don’t miss this opportunity to own a piece of Greater Noida’s future. Visit the GNIDA website or Nivesh Mitra Portal to explore the available plots and application process. Remember, crucial aspects like no plot subdivision and consortium stability throughout the project apply. Remember, securing financing is equally important.
Explore reliable options like OneNDF, offering transparent and competitive secured business loans to empower your real estate ambitions. Let OneNDF be your partner in building a secure future, one step closer to your dream home.
FAQs
Q.1 I need financing for my plot purchase. Can OneNDF help?
Yes, OneNDF can be your trusted partner for securing financing for your GNIDA plot purchase. OneNDF offers transparent and competitive secured business loans. It also guides you through the entire process and connects you with reliable lenders. You can explore solutions given by OneNDF’s to empower your real estate ambitions and get closer to your dream home in Greater Noida.
Q.2 How do I apply for a plot under the GNIDA scheme?
The application process involves downloading the scheme brochure and application form from the GNIDA website or Nivesh Mitra Portal, submitting the completed form online with fees, paying a processing fee (based on plot size) and an earnest money deposit (10% of plot premium), choosing your preferred plot, and awaiting allotment within 45 days.
Q.3 What are the processing fees for applying under the GNIDA Plot Scheme 2024?
The plot size affects the processing fees.
- Up to 5,000 square metres : INR 1.15 lakhs
- 5,000 to 10,000 square metres: INR 2.15 lakhs
- Over 10,000 square metres: INR 4.15 lakhs
Q.4 Which banks can help me take a loan for the GNIDA plot scheme announced in 2024?
You can get a loan for the land from any nationalised or scheduled bank, such as SBI, ICICI Bank, YES Bank, Dhanlaxmi Bank, or Axis Bank. For further information, you can get in touch with OneNDF.
Q.5 Are there any restrictions on the allotted plots?
Yes, it’s important to be aware that no amalgamation or subdivision of the allotted plots is allowed. Also, the land allottee will be responsible for the development and construction of the structure approved by GNIDA. Consortiums are permitted, but their composition must remain unchanged until project completion.
