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Finally, a good news for people who are looking to have their dream house in Indirapuram. After the successful Madhuban- Bapudham scheme, Ghaziabad Development Authority has come with a new scheme in the heart of Ghaziabad.

New scheme is for 36 number of flats, to be allotted in Gyan Khand 4, Indirapuram. They are in 3 story flats with area ranging from 79.92 to 96.97 sq. m.

If you compare the cost of these flats with other builder flats or society flats in Indirapuram, this is really a good price. A 3 bed rooms builder flats in Indirapuram costs atleast Rs. 50 lakhs while it may be 60-70 lakhs in society flats. Seeing the price difference and saving of atleast 10 Lakhs I think this is a great opportunity for people to own their own house

Some important information about this scheme:

Scheme Code: Indirapuram (Gyankhand-IV) MIG 3 storey Flats Scheme Code is -820

Location: These flats are situated on NH-24 the area of the authority.

Estimated Cost: Ground Floor – 55,00,000/-, First Floor – 39,00,000/- and Second Floor – 43,00,000/-

How to apply: Application Form can also be downloaded From Ghaziabad Development Authority Website: Application form/ Registration form can be deposited in any Authorized Bank mention in the brochure along with registration money and a demand draft for Rs.1100/- Separately for the cost of Registration Booklet/ Brochure in favour of “V.C. Ghaziabad Development Authority’. If the demand draft of Rs. 1100/- along with the Application From is not attached, the application form will be cancelled automatically.                                                                                                                Application From can be purchased on-line through ICICI Bank. Application Form/Brochure/Booklet can be downloaded on Payment of Rs. 1100/- through Credit Card / Debit Card / Internet Banking by selecting the “Buy-on-line” option available on our website :

Registration amount: For Reservation categories declared by the Government Rs.2,25,050/- For Others Applicant Rs. 4,50,050/-

Allotment amount: Successful Candidates in lottery draw will have to deposit 20% of the cost of the Flat, in cash of bank draft, within two month from the date of issue of allotment letter.

Installments: After the allotment, balance 80% amount shall be payable in 12 quarterly installments with 12% Interest the installment shall be fixed including the interest . Interest shall be calculate in round figure. Bank Draft must be in favour of Vice-Chairman, G.D.A. Payable at Ghaziabad. Payment made through cheque will not be accepted.

One time payment discount: A 5% discount will be given in case full balance payment is made by the allottee within 60 Days of the issue of the allotment letter

Last date to submit the application with all details: 31 December 2012


Prospectus is also available at GDA website.

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