Big Relief For Middle Class: Greater Noida Authority Launches New Flat Scheme After Makar Sankranti

• Greater Noida Authority to launch a new residential scheme for middle-class homebuyers after Makar Sankranti.
• The scheme will offer ready-to-move flats in a multi-storey residential society in Sector Omicron-1A.
• In the first phase, 90 flats of 82 square metres will be available through e-auction, with a reserve price of Rs 72 lakh.
• Remaining vacant flats, including 58 square metre units (reserve price Rs 49.11 lakh), will be allotted in subsequent phases.
• This marks a shift from lucky draws to e-auctions for flat allotment, approved by the board.

Why It Matters: Greater Noida Authority introduces an e-auction flat scheme for the middle class, offering ready-to-move homes.