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Noida Development Authority engraves new record in the Indian Realty

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Claimed sources to www.propertykhazana.com says, NDA has grabbed Rs. 2,500 Crores by selling 300 acres of housing property to 5 famous christen in Indian realty – Omaxe, Ambience, IVCRL, Parsvnath and Unitech. So far, this was the largest amount grabbed by the authority in a single contract and recently, HUDA and DDA had bunged contracts for more than Rs. 1,500 Crores each for auction of plots for hospitality and for commercial ventures. Unitech was turned to be the largest purchaser and had taken two plots 71 & 54 acres for a combined amount of Rs. 1,050 Crores.
Said by the sources to the www.propertykhazana.com Ansal Properties Ltd. is setting up to rise up with a Hi-tech city in the locality fro more than 2,500 acres, similarly, Unitech has also purchased for about 340 acres in Greater Noida for Rs. 1,582 Crores. The demand for realty in both commercial and housing is projected to rise up in the forthcoming times. Noida is tactically situated in the realty advantages and IT and ITes development in Greater Noida is increasing the development of housing segment and Noida abstracts the demanding needs of a rapid growing city of the future.
Source: NIMMA BENGALURU

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