Mahila Awas Yojna has found its way in Noida Extension also, after being executed successfully in Raj Nagar Extension. The women oriented housing scheme has been launched with the motive of bringing equality in the society in terms of owning a house too. If women empowerment is being encouraged in almost every field, then the field of housing too should not be left behind, which will actually make women independent and capable to a great extent.

Under Mahila Awas Yojna, women are given the privilege of booking houses at just Rs.11,000 and can also enjoy the benefits and advantages from it. All kinds of schemes like these are making way for women to work towards their ambitions in life and career.

Mahila Awas Yojna nit just provides a simple house to women but also fulfills other basic necessities too like security, gym, medical facilities, crèche, shuttle services etc. All the beautiful women have the right to lead a life on their own terms and conditions. Under this scheme, all the ladies can have a tranquil life along with being an earning member of the family too. Mahila Awas Yojna is one of the best ways possible to let women come out of their nutshell and have an identity of their own.

General specifications of Mahila Awas Yojana

Number of bedrooms: 2, 3BHK
Size: 1116 square feet to 1781 square feet (approx.)
Price: Rs.27 lakh (approx.)
Rate: Rs.2485 per square feet (approx.)
Type: Residential
Date of Possession: December 2018

Spring Meadows – A 
A beautiful project launched by the Pigeon Builders under Mahila Awas Yojana in Noida Extension is Spring Meadows. It is constructed in a very organized way with numerous facilities like swimming, restaurants and entertainment. The beautiful buproject under Mahila Awas Yojna in Noida Extensionildings and locality are sure to lure the people in buying a residential unit here. Quality is what Pigeon Builders believes in and they have stuck to the same in building Spring Meadows also. Living here will help you lead a modern, luxurious and comfortable lifestyle.

Specifications of Spring Meadows –
Number of bedrooms: 1, 2 and 3 BHK
Type: Residential and Commercial

After seven years of getting allotment by the Yamuna Expressway Industrial Authority (YEIDA), there is some good news for the allottees. The authority has taken the decision of giving possession of 6000 residential flats and plots in Greater Noida in the next couple of months. The first group which consists of 3055 allottees, have already got the letters of possession by the Authority, in the months of January and February this year.

As per the sources, the location of these 6000 flats and plots will be in sectors 22A, 22D, 18 and 20. These plots were allotted long back in between 2009-2013. Possessions are being handed over to those allottees who have their plot sizes measuring 300 meters to 500 meters.

The allotment will be done as follows, as per the sources –
• In sector 20, 666 plots will be given in pockets O and Q.
• In sector 18, 435 plots will be given in pockets 2A and 2C.
• In sector 22A, 4028 plots will be handed over.
• In sector 22D, 900 plots will be handed over.

Possession to 55 allottees, who have plots of size 400 meters, has already been given in sector 20 (Pockets A and B).

Enhanced compensation to farmers (whose land was acquired) has also been approved by YEIDA and will be distributed within another one month. Various farmers from around 77 villages are raising their voices for getting a hiked compensation of 64.7% for their land which was acquired by YEIDA.

There is a little hindrance faced by the allottees in securing their possessions because of the commotion caused by the farmers regarding the compensation. But YEIDA is trying to solve the issue by giving as much compensation as possible to as many farmers as possible. This is being done so that plot owners can get the possession of the land allotted to them.

The task of credit ratings of cities is increasing at a fast pace and the result is that out of the 500 cities involved in the smart city mission, 94 have got the credit ratings. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) also covers these cities.

During the scrutiny of the task of credit ratings in India, a government release came out reporting that 55 out of these 94 cities have been granted the ‘Investment Grade’ ratings.

The 94 cities which have been given the credit ratings in India are scattered across 14 cities.

Credit rating of cities is being stimulated by the Ministry of Urban Development as a part of the Transformation Reforms. Under these Transformation Reforms, all the cities that have 65% of their population as urban, they were eligible for Credit Ratings this year.

The ratings have a range from AAA to D, where BBB is equivalent to the ‘Investment Grade’ rating. All the cities which are given a rating that is below BBB are required to take adequate steps to improve their conditions. In turn, their ratings will improve to get positive response for issuing Municipal Bonds.

To get assigned, Credits Ratings have various bases to review, which are –
• Revenue streams
• Double entry accounting practice
• Assets and liabilities of Urban Local Bodies
• Available resources for making capital investments
• Other governance practices

The Supreme Court has been recently told that there are chances of an understanding being achieved between Parsvanath Developers and Union Minister Rajyavardhan Singh Rathore. The settlement is in regards with the possession of a flat in Gurgaon which was being discussed for a while.

Both the counsels representing the respective parties have told the Justices that an agreement between them are to take place soon. The next date of hearing is as 10^th April and the counsels are ordered to file the details of agreement on the same date.

The court was informed on 20^th February that the settlement between Parsvanath Developers and MoS Rathore had almost taken place. The draft regarding the negotiations had also been exchanged between the two parties.

The court had appointed two lawyers to take into consideration the accusations made by MoS Rathore. According to the lawyers, the apartment given to him was unsuitable for living.

Then on 12^th of January, there was information of an agreement and settlement being reached.

The Supreme Court had also suggested MoS Rathore to solve the matter and come to a settlement with the developers, in a harmonious manner. It had even asked the developers to work on the shortcomings and flaws in the flat which MoS Rathore was facing.

As per the sources, a flat had been booked by MoS Rathore in 2006 Parsvnath’s Exotica in Gurgaon. The delivery was expected in 2008-09 after he paid Rs.70 lakhs for it.

The developers had earlier been ordered to compensate MoS Rathore by refunding him the principal amount with the interest by the National Consumer Disputes Redressal Commission (NCDRC).

Greater Noida’s Integrated Industrial Township (IIT) has revised its allotment rates owing to its land disposal policy. Integrated Industrial Township comes under the Delhi-Mumbai Industrial Corridor. This important decision was taken by the board in the board meeting conducted in Greater Noida. Along with analyzing the progress of the township in terms of physical and financial matters, the board has also agreed to offer a special plan to the first investor.

As per the sources of Greater Noida industrial development authority (GNIDA), a reduction of almost 27% is done on the lowest slab for plot size larger than 40000 square meters. This is done for the industrial allotment of land in the 335 hectare township. Pertaining to the decrease, the revised rates of land allotment will go down to Rs.5100 instead of the current land allotment rate of Rs.7000 per square meter in this slab. The revised land rates in Greater Noida’s IIT are made attractive for the investor as well as the industrialists, to promote and encourage industry.

The decision to lure the first investor by giving him an incentive in the form of a concession of 20%, in the land allotment rate for industrial plots, has also been approved by the board.

But this availing of rebate will be applicable only if the construction is started quickly.

Shapoorji Pallonji, who is a Mumbai-based developer, has been asked to finish the Delhi-

Mumbai Industrial Corridor project in two years. Since the location of the township is in the investment region of Dadri-Noida-Ghaziabad, it is likely to provide employment opportunities to many workers.