Why did GDA launched housing scheme on first come first serve basis?

Recently Ghaziabad Development Authority (GDA) has launched its first ever housing scheme on first come first serve basis. People has been asking why Ghaziabad Development Authority (GDA) and about the consequences of such housing scheme.

In actual, Ghaziabad Development Authority (GDA) was trying different ways and means to sell its flats in Madhuban-Bapudham colony. 500 HIG flats in Madhuban-Bapudham colony developed by the civic agency which it has failed to sell in the past three years.

“It was decided in the GDA’s board meeting on October 5 that about 500 unsold HIG flats in Maduban-Bapudham colony will be sold off on a first-come-first-served basis,” Gyanendra Verma, property officer, GDA, said. “In the last three years, out of 1,200 HIG and LIG flats in Madhuban-Bapudham only 700 could be sold but under our new scheme we hope to draw prospective buyers for 500 unsold flats,” Verma said.

But TOI reports that the experts are sceptical about the GDA’s scheme. Col T P Tyagi (retd) of AOA Federation said, “The facilities provided by the GDA in Madhuban-Bapudham are not a patch on those provided by private builders in their colonies. If the GDA is keen on selling the flats, it should get its act together and provide amenities and facilities on a par with those in private builders’ colonies.”

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