The Yamuna Expressway Industrial Development Authority (YEIDA) is planning to develop four new townships in Sector-22D of Yamuna City, Greater Noida. Large plots of land will be allocated to builders for this purpose, following the rules of the Group Housing Scheme.
In addition, a scheme for more than six thousand residential, institutional, and commercial plots will be launched in June. This initiative aims to provide housing and industrial opportunities for people from all walks of life.
Key Points of the Development Plan
- Allocation of Large Plots: YEIDA will allocate large plots of land to builders under the Group Housing Scheme rules. This allocation is a part of the plan to develop four new townships in Sector-22D of Yamuna City.
- Upcoming Plot Schemes: In addition to the townships, YEIDA will launch a scheme in June for more than six thousand plots designated for residential, institutional, and commercial purposes. This scheme will cater to a diverse range of needs, from housing to industrial setups.
- Housing Opportunities: The development of these townships will result in the construction of 30,000 residential units. This massive housing project aims to provide homes to people from various socioeconomic backgrounds, ensuring inclusivity in housing opportunities.
- Economic and Industrial Growth: By allocating plots for both residential and industrial purposes, YEIDA aims to boost economic and industrial growth in the region. This development will attract businesses and industries, creating job opportunities and fostering economic development.
Official Statement
Dr. Arunveer Singh, CEO of YEIDA, stated that the area for the four plots designated for the townships has been finalized. These new townships will provide ample housing opportunities with the construction of 30,000 residential units.
Benefits for the Community
- Affordable Housing: The new townships will cater to people from all economic backgrounds, providing affordable housing options and helping to meet the growing demand for residential units in the region.
- Commercial and Institutional Plots: The allocation of over six thousand plots for commercial and institutional purposes will promote business activities and the establishment of educational and healthcare institutions, contributing to the overall development of the community.
- Industrial Development: The availability of plots for industrial purposes will encourage the setting up of new industries, leading to job creation and economic growth in the region