Noida Board resumes One time lease rent scheme, implements 7th pay commission for employees!
(27/12/2017) Noida :
Noida Industrial Development Authority conducted its 193rd board meeting today and took some important decisions. Noida Authority board approved one time lease rent proposal being demanded by many including Noida Resident Welfare association and others.
The authority board has approved to resume one time lease rent Scheme for allotted assets with a one time charge of 15 times annual lease rent. So now interested Noida residents can pay one time lease rent at 15 times annual cost and stay without making any further payment for next 99 years.
Noida Authority board has also given nod to implementing 7th pay commission recommendations for its employees. The authority has also passed resolution to make necessary purchases from e-market portal of Indian government.
Regarding Transport Nagar scheme coming up in sector 69 and the price has fixed at 24060 per square meter. Previous allottees can also take benefits under this scheme if they agree to existing norms and conditions.
Also in a boost to industries, lottery scheme has been brought back for allotment of plots over 4 thousand square meter size. Also now authority has decided to release allotment letter for only those land areas which have been already been taken under possession.
