Greater Noida Scheme 2023-2024: Eligibility, application, draw results

The Greater Noida Industrial Development Authority (GNIDA) is responsible for the planned development of Greater Noida city located in Gautam Buddha Nagar district, Uttar Pradesh. The authority undertakes residential and commercial developments, offering several amenities and infrastructural facilities. The GNIDA launches various schemes for property investments, which include commercial plots, residential plots and flats. The authority also conducts e-auctions for the applicants under its schemes.

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The various schemes announced by the GNIDA attracts the interest of several investors looking for property options in the region. One can visit the official website of the authority www.greaternoidaauthority.in to find more details about these projects.

Greater Noida Authority Scheme 2023

Scheme details	Date
Scheme opening date	July 10, 2023
Application form opening date	July 17, 2023
Scheme closing date	August 31, 2023

The authority invited applications for the allotment of independent houses and multi-storied flats. The properties are offered under two schemes, one with scheme code BHS-18/LOH-02 for independent houses and the other with scheme code BHS-17/LOF-04 for multi-storied flats. According to the GNIDA website, the allotment of these houses will be made on ‘as is where is basis’. The GNIDA housing scheme 2023 was launched on July 10, 2023, and applications started on July 17, 2023. The last date to apply for the GNIDA housing scheme was August 31, 2023.

Independent houses scheme BHS-18/LOH-02

Sector name	Area in square metre	No. of units	Cost (Rs in lakh)	Registration amount (Rs in lakh)
Sector-XU 02	120	16	73.41	7.5
Sector-XU 03	120	61	73.41	7.5

Multi-storied flats scheme BHS-17/LOF-04

Location	Super area in square metre	No. of units	Type of units	Cost (Rs in lakh)	Registration amount (Rs in lakh)
Omicron 1A	70.48	521	2BHK	36.6	3.6
Omicron 1A	104.7	471	2BHK (Deluxe)	55.09	5.5
Omicron-1	104.7	18	2BHK (Deluxe)	49.49	5
Sector-12	158.26	75	3BHK	83.85	8.4
Sector-12	60.45	221	1BHK (Furnished)	28.38	2.8

Built-up flats scheme (BHS 17/LOF-04)

Location	Super area in square metre	No. of units	Type of units	Cost (Rs in lakh)	Registration amount (Rs in lakh)
MU-02	29.76	81	1BHK	10.17 to 12.55	1.1/1.3
XU-03	35.96	52	1BHK	15.98 to 24.2	1.6/2.4
ETA-02	86.67	17	2BHK	43.62 to 63.43	4.4/6.4
Omicron-1	120.78	39	3BHK	52.22 to 79.83	5.2/8

Features of GNIDA housing scheme

The properties available under the Greater Noida Authority Housing Scheme 2023 have good connectivity to Delhi-NCR and other cities. There are educational institutions, green spaces and several world-class amenities in the vicinity. The GNIDA provides these flats at marginal costs and they are free from all encumbrances.

How to apply for Greater Noida Authority Scheme 2023?

Interested applicants must visit the official GNIDA website www.greaternoidaauthority.in and click on the relevant link under ‘Schemes’
Links to download the scheme brochure and site layout plan will be available from the application opening date.
Click on the ‘Apply Now’ link to proceed.

Choose the ‘Applicant Category’ and ‘payment plan’ from the schemes. After selecting the payment plan, the applicant will be redirected to the sector and area-wise housing options.
In the next step, select the preferred plot or flat.
Based on the selection made, the registration amount will be calculated.
Provide supporting details such as ID proofs, photographs and bank details and submit the application form
An application registration number will be generated, which must be saved for future reference.
Complete the online payment process through the payment gateway.

Charges for applying Greater Noida Authority Scheme 2023

According to the official GNIDA website, a processing fee of Rs 5,000 is applicable, which will be a non-refundable amount. Applicants can submit the amount online https://www.investgnida.in/ResidentialApplicationFomForScheme.aspx through net banking or the payment gateway on the website.

The allottee must pay VAT, Service Tax, GST, TDS or other taxes are levied by the government. In case of independent houses, additional location charges are applicable according to policy of GNIDA, which will be included in the reserve price.

Allotment money: Successful applicants are required to deposit Allotment money, which is 25% of the total premium of the plot (after adjusting EMD/Registration money without interest), within 15 days from the date of the allotment letter.
Balance payment options:
- Option 1: In case the full payment is made within 60 days from the date of the allotment letter, the applicant will be eligible for a 2% rebate on the bid price.
- Option 2: In case balance 75% of the premium is not paid within 60 days, the remaining amount should be paid within a year from the date of the allotment letter, in four quarterly instalments (of 3 months) at a simple interest rate (currently 10%).
Mortgage permission fee: A fee of Rs 1,000 must be paid for obtaining mortgage permission and a collateral security of Rs 5,000 should also be submitted.
Reserve price: The reserve price will be based on the Sector Wise Rate List, as specified in Clause 32.

Payment options for multi-story flat housing scheme

Option 1: Successful applicants have the option to make full payment of the premium of the flat within 90 days from the date of issuing the allotment letter after adjusting the registration money. A rebate of 5% is applicable on the total premium of the multi-storey flat/ four-storey flat.

Option 2: 50% payment must be made within 60 days from the date of issuing the allotment letter and the remaining amount must be paid in two years in four half-yearly installments.

Option 3: 30% of the total premium must be paid within 45 days date of issuing the allotment letter and the remaining 70% amount to be paid in four years in eight half-yearly instalments.

Eligibility for applying Greater Noida Authority Scheme 2023

The applicant must be an Indian citizen with age 18 years or above
They should not have been allotted any residential plot or flat under the GNIDA scheme, either in their name or the name of their spouse or minor/dependent children

Documents required

Scanned passport-size photograph, maximum of 100X100 pixels
Scanned affidavit copy, as per the format shown in the portal
Valid proof of address, age, identity and nationality

Greater Noida Group Housing and Commercial Plots Scheme

The Integrated Industrial Township Greater Noida (IITGNL) launched schemes for three group housing plots and two commercial plots. The IITGNL is a township spread over 750 acre near the Bodaki Railway Station in Greater Noida, established under the Delhi-Mumbai Industrial Corridor (DMIC) project.

IITGNL, a joint venture between DMIC and Greater Noida Industrial Development Authority (GNIDA), is being developed as a smart township with the latest infrastructural facilities.

The application started on June 16, 2023, and the last date for registration was July 7, 2023.

Greater Noida Plots Scheme

Plot scheme and code	Location	Scheme start date	Scheme closing date
Builder Plots BRS-02/2022-2023	Omicron-1A, Zeta 1, Eta 2, Sigma 3, Sector- 36, Mu, Sector- 10, Sector- 1, Sector- 12, Eta 1, Pi, Pi 1, Pi 2, Pi 3	Feb 28, 2023	April 3, 2023
Data Centre parks 0001/2023	Tech Zone, KP 5	Jan 30, 2023	Mar 20, 2023
Industrial Plots ONLIND2023-01	Ecotech- 1, 6, 16, I, II, III, VI, XI	Apr 6, 2023	Apr 26, 2023
Institutional Plots INS-01/2023	Omicron- 3, Pi 2, Mu, Sector- 1, Sector- 2, Sector- 3, Sector- 12, KP 1, KP 3, KP 5, Tech Zone- 2, Tech Zone- 4	Mar 21, 2023	Apr 11, 2023
IT/ITES Parks 0002/2023	Tech Zone	Mar 15, 2023	April 5, 2023

Greater Noida Commercial Plots Scheme 2023

In June 2023, the Greater Noida authority has launched a commercial plot scheme, offering 22 plots with a floor area ratio (FAR) of 4 at a reserve price of Rs 1,100 crore. These plots range from 2,313 to 11,500 square metre (sqm). The last date of registration for the plot scheme is June 19, 2023. The last date for submission of the processing fee is June 22, 2023 and June 26, 2023 for for submission of documents.

GNIDA Plots Scheme for shops/offices and kiosks

Scheme code	CSK-I/2022-23
Scheme opening date	Jan 13, 2023
Last date for registration	Feb 3, 2023, 5 PM
Last date for EMD and processing fee	Feb 6, 2023
Last date for submission of documents	Feb 10, 2023, 5 PM
Number of shop/office plots	35
Number of kiosk plots	17
Location for shop/office plots	Gamma-l/ Kadamba Estate, Ecotech- II (BM Market), Tau (Swarn Nagar), Delta- 1, Delta- II, Bus Depot Kasna, Alpha- II, Beta- II and Beta- II Shopping Centre
Location for kiosk plots	Ecotech- 2 (Village Kuleshra), Ecotech- 3, UK- 1, Pi- I and II (Chorosia Estate), Phi-Chi (Cassia Fitsula Estate), Sigma- II (C-Block), Sigma- II (D-Block), Sector- 37 (A-Block) and Omicron- 3 (A-Block)
Area of shop/office plots	11.85 to 713.67 square metre (sqm)
Area of kiosk plots	7.02 to 9.38 sqm
E-auction date	To be announced

Greater Noida Plot Scheme: Bidding and allotment process

For the allotment process, a screening committee is appointed. The committee is responsible for scrutinising the technical offers and checking the documents and required details as per the defined process. The, an e-auction is conducted if three or more bidders qualify according to the GNIDA norms. If there are no or less than three eligible bidders, the application submission will be extended by seven days. After two extensions, the highest bidder will be allotted the plot.

The Greater Noida Authority typically conducts bidding for plots of the same size and EMD (Earnest Money Deposit) on the same day.
Bids below the reserve price or allotment rate will not be accepted by the authority.
Plots within a km of the metro corridor, under Greater Noida Shop/ Kiosk Plot Scheme 2023, will have the reserve price or allotment rate increased by 10%.
If the auction is ongoing within the last five minutes of the event’s closing time, the authority may extend the bidding time by 15 minutes.
Withdrawal is not allowed after an applicant submits a bid.
If the number of bidders for a plot is less than three, the authority may extend the bidding window twice by seven days.
To ensure a hassle-free process, the applicants should ensure they have a stable internet connection.

Greater Noida Plot Scheme: How to view draw results?

Go to the Greater Noida Authority’s new residential plot scheme website’s official page first
Click on the Noida Authority Plots Scheme draw result link
A new page will open
Download the PDF, which contains the plots scheme results

Plots in Noida to be allotted through draw of lots, interviews

October 12, 2023: In an urgent meeting held on October 7, 2023, the Noida and Greater Noida authorities discussed the policies for the allotment of industrial plots, according to a TOI report. Plots in Noida and Greater Noida could now be allotted through a draw of lots and interviews instead of an e-auction process.

In Noida, plots in Phases 2 and 3 areas will be allotted through a draw, while plots in Phase 1 will be allotted through e-auction.

Applicants of plots larger than 4,000 sqm are required to participate in an interview. A list of 12 objectives, including financial capacity, proposed investment and technical experience, would be examined. The cut-off has been set at 65% of the criteria.

FAQs

What is the last date for Greater Noida Authority Residential Scheme 2023?

The last date to apply for the Greater Noida Authority Residential Scheme was August 31, 2023.

Is it good to invest in Greater Noida property?

The Greater Noida Authority launches several commercial and residential schemes in the city. These properties enjoy good connectivity to Delhi and neighbouring cities through the Yamuna Expressway. Considering the rapid growth of the city and upcoming infrastructural developments, the region offers potential for appreciation of property prices and favourable returns for investors.

Where to invest in property in Greater Noida?

Omega 1, Alpha 1, Techzone 4, ETA, etc., are some locations that offer plenty of properties for investment.

Is the processing cost for Greater Noida scheme refundable?

The processing fee for the Greater Noida residential scheme is non-refundable.

What price range of apartments available under the Greater Noida Housing Scheme?

Flats under the Greater Noida Housing Scheme are available in the price range of Rs 10 lakh to Rs 83 lakh.

How to view results of the Greater Noida Authority plots?

The draw result for the Greater Noida Authority plots scheme will be published on the official GNIDA portal.

How to apply online for a residential plot with the Greater Noida Authority?

Interested applicants can go to the official website of the Greater Noida Authority www.greaternoidaauthority.in and apply for the scheme online.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]

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Harini Balasubramanian

Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.

Greater Noida Authority Scheme 2023-2024: Application and eligibility