Noida: The Noida Authority is planning to give away 900 flats to every section of the society this Diwali at cheaper rates. An official confirmed that around 700 flats in Sectors 55, 56, 71, 93 and 135 are selected for the project. In these sectors the flats will be allotted for low income group and economically weaker sections.
The body is busy in surveying to identify unused flats which are lying vacant for many years from past one month. The costs of the flats are not finalized yet but according to sources the cost will be cheaper to existing market rates.
The cost of the flats will be calculated by the finance department.
The body will soon finalize the date on which applicants will able to buy forms and the flats will be allotted through lucky draws on Diwali.
There are few MIG and HIG flats on avail but EWS and LIG flats are higher in number said an official.
The body has also decided to launch 501 commercial purposes in Sector 69.
The Noida Authority had got a flat scheme last in 2006-2007.