Greater Noida News: 5 p.c hike in land charges in Yamuna Authority space

Greater Noida has elevated the charges of its land in Yamuna Authority. This proposal was authorized within the assembly of Yamuna Authority Board on Monday. The YIDA Board assembly was held below the chairmanship of State Principal Secretary Industrial Development Arvind Kumar. In this, the proposal to purchase the land for the second part of Noida Airport together with a 5 per cent hike in property charges together with approving the funds of Rs 4,122 crore for the monetary yr 2021-22. This enhance in land charges shall be thought-about efficient from April 1, 2021. Chief Executive Officer Dr. Arunveer Singh made a funds proposal of Rs 4122 crore 90 lakh for the monetary yr 2021-22, which was authorized by the board. Out of this funds, greater than Rs 540 crore shall be spent on the event of Noida Airport. Rs.300 crore shall be spent for multi-modal connectivity within the logistics hub. This enhance in land charges in Yeida The allotment fee of residential land was from Rs.16,550 to Rs.16,870 per sq. metre. Now the speed has been elevated from Rs 17,377 to Rs 17,713 per sq. meter. The allotment charges within the industrial class up to now have been within the vary of Rs 36,000 to Rs 44,000 per sq. metre, which is able to now vary from Rs 37,800 to Rs 46,200 per sq. metre. Under the group housing scheme for builders, land was allotted at Rs 17,200 per sq. metre. Now Rs 18,060 per sq. meter shall be completed. Land allotment charges for constructing a faculty, school or hospital in YEEDA up to now ranged from Rs 4,150 to Rs 11,690 per sq. metre. Now these charges have been elevated from Rs 4,357 to Rs 12,274. After 5 per cent hike within the costs of business plots by YEIDA, it has now elevated from Rs 4,252 to Rs 7,003 per sq. metre. In YIDA, allotment of blended land use land was being completed on the fee of Rs 4,250 to Rs 4,870 per sq. meter, now allotment shall be completed at Rs 4,462 to Rs 5,113 per sq. meter. The land allotment for sports activities actions will now be on the fee of Rs 8,788 to Rs 10,027 per sq. metre. Allotment of Rs 3,927 to Rs 5,964 per sq. meter shall be completed within the Recreational Green class for creating leisure venues. .