Slum rehabilitation scheme by Noida Authority.

Q: Hey Guys,
I came to know from news that Noida Authority is going to provide interest free loan to slum dwellers. Kindly discuss about it.

Sekhar, Noida

1st July 2015

Real estate News in Noida

slum dwellers

ews

noida development authority

slum rehabilitation policy

slum redevelopment project

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Replies (4)

Hi Mr Shekhar,
Is there any update on this matter as of date (10-01-15) ?

Manasa, Noida

10th January 2016

Comment

Hey guys,
Mr Akhilesh Singh said that with this rehabilitation scheme, which is to welcome around 11,565 families, authority will have the capacity to free land in sectors 8, 9 and 10 in Noida. This allocation will be done block by block and the possession of the cleared land will be taken by Noida authority. This land will then be put to different uses, including building parking space,,roads,parks etc.

Daniel, Noida

1st July 2015

Comment

@ Mr Sekhar,

As indicated by source, in a meeting of the Authority, it had been chosen that plots measuring 29 square meters be given to all slum dwellers. From there on, a survey was attempted by the Authority to distinguish the quantity of slum dwellers. It had at the time discovered more than 11,000 EWS families living in sectors 8, 9 and 10.

Ananya,

2nd July 2015

Hey Sekhar,
As I recall, there was a scheme known as a JJ Dwellers Resettlement Scheme was propelled in year 2011 and flats developed by the Authority in Sector 122. These four level units, of two rooms every have been evaluated at around Rs 4.5 to Rs 5.15 lakhs to be collected in installments more than a 20-years period.

Sujan Mitra,

3rd July 2015

@ Sekhar,
On the other hand, people from the group had claimed that the real number of families living in slums was much higher and that the scheme had been propelled to benefit a couple of powerful people. In the wake of tending to their protests, it was also chosen to waive off a 4% interest rate on installment payments.

Bulbul Verma,

4th July 2015

Hey Sekhar,
According to additional CEO of Noida Authority, Mr Akhilesh Singh, Noida Authority have further informed the members to profit of the recently launched home loan scheme of the center to make it simpler for them to secure these homes.

Rituraj,

5th July 2015

Hi Mr Sekhar,
According to Akhilesh Singh, additional CEO of Noida Authority,the individuals have consented to take part in the scheme, which will be over a draw of lots. It ought to be launched in July and flats, which are as of now prepared for the possession in Sector 122, will be assigned before long.

Amitabh, Noida

1st July 2015

Comment

@ Mr Sekhar,
According to sources, authority official said that the move to waive off a four percent interest rate on the installment payments was brought at a meeting with people from the association of slum dwellers on Tuesday. It is believed that this move will bring attention of as many as possible dwellers towards this scheme.

Bobby, Noida

1st July 2015

Hi Sekhar,
As per my knowledge, in an effort to make the Noida slum free, the Noida Authority on Tuesday changed its aspiring slum rehabilitation scheme by changing a basic cost pattern with its cost design. It has chosen to give without interest, long term credit to slum dwellers to authorize them to purchase economically weaker section (EWS) flats, priced approx Rs 5.15 lakh.

Wahi, Noida

1st July 2015

Comment

Hey Sekhar,
As per latest news,tThis project, which was in line for the previous four years, will be relaunched in this month.As per sources, the first phase of this scheme is liable to give houses to almost 3,400 families fitting in with Economically Weaker Section (EWS) category .

Prasad, Noida

1st July 2015