GDA approves proposals to benefit EWS, farmers

Image
Press Trust of India Ghaziabad
Last Updated : May 18 2013 | 11:20 PM IST
The Ghaziabad Development Authority today approved 29 proposals, with many aimed at benefiting farmers and economically weaker sections.
According to a new proposal, farmers will now be given six per cent developed land from their acquired land at a rate of Rs 3,500 per sq metre, GDA VC Santosh Kumar Yadav said.
GDA will also enforce an existing affordable housing scheme, under which builders would allot 10 per cent flats to LIG (Low income group) and EWS (economically weaker section), Yadav said.
The scheme was introduced last year but was not being enforced, he said.
GDA would recover Rs 2.4 lakh from EWS members occupying the homes and Rs 5-10 lakh from LIG, which would be handed over to the builder, Yadav said.
For EWS, eligibility income will be fixed at Rs 6,000 per month, while for LIG, it would be Rs 12,000 per month.
In what may come as relief to small builders, under a new rule, even a building built in an area of 90 sq metre can be raised to a height of 15 metres (stilt parking plus four storeys).
Parking will be in proportion to number of floors, he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 18 2013 | 11:20 PM IST

Next Story