The Ghaziabad Development Authority raised the cost of new houses to be built under the Pradhan Mantri Awas Yojana in the district. GDA Vice President Krishna Karunesh said that the new houses under PMAY will now cost Rs 6 lakh instead of Rs 4.5 lakh.
The GDA Chairperson and Divisional Commissioner of Meerut, Anita C Meshram, who chaired the meeting, said that , the civic body also raised the developmental charge to Rs 3,314 per square meter at the time of sanctioning maps for new houses in the city.
He said that a development fee of Rs 1,200 per square meter has been fixed in the cities of Loni, Modinagar and Muradnagar.
GDA Annual Budget of Rs 1001 crore was also passed in the board meeting, Karunesh said that the budget proposed to earn revenue of Rs 1,020 crore.