4,000 low-cost flats to come up in Greater Noida
The Greater Noida authority is to construct 4,000 low-cost multistoried flats for domestic help and service-sector workers.india Updated: Jan 03, 2009 00:18 IST
The Greater Noida authority is to construct 4,000 low-cost multistoried flats for domestic help and service-sector workers. The authority has also given additional benefits to Group housing projects to provide low-cost housing.
Greater Noida Industrial Development Authority Chief Executive Officer, Pankaj Aggarwal, said, "The Authority plans to construct low-cost houses for domestic workers and service industry personnel, who require residences nearest to their workplace as they cannot afford huge spending on conveyance alone."
“The cost of the flat would be around Rs.4 lakh," he said, adding, "To provide low-cost houses and attract investment, the group housing project floor area ration has been hiked from 175 to 275 and density of population increased from 500 to 1600 persons per hectare."