appears to be a bizarre move at a time the real estate sector is struggling to recover from? slow down, Noida has launched a scheme comprising 354 existing units, with base price at Rs 6,000 per sq ft. This is while thousands of ready flats are available in Noida within Rs 2,800 per sq ft.
After getting possession, buyers are also expected to pay at least Rs 3,600 per month as lease rent. Also, the price per square feet of flats launched for low-income group families is much higher than the ones available for middle and high-income groups.
