The Yamuna Expressway Industrial Development Authority (YEIDA) regularly introduces plot schemes for residential, commercial, and industrial purposes. To learn more about the YEIDA Plot Scheme 2024, read our blog.
YEIDA Offers Over 350 Residential Plots near Jewar Airport in Noida
The Yamuna Expressway Industrial Development Authority (YEIDA) is once again offering more than 350 residential plots in four different sectors near the Noida International Airport. Specifically, there are around 361 plots available in seven different sizes under the YEIDA Plot Scheme 2024.
The plots are located in Sectors 16, 18, 20, and 22D, areas that are well-connected to Greater Noida, Agra, and Mathura via the Yamuna Expressway. They are also in close proximity to the Eastern Peripheral Expressway (EPE) and Noida International Airport, making them highly accessible.
These plots are priced at INR 25,900 per square meter. The available plot sizes are as follows:
[Insert list of available sizes here]
|
Size of the Plot |
Number of Plots |
Approx. Prices for the Plot |
|
120 Square meters |
84 |
INR 31.08 lakh |
|
162 Square meters |
77 |
INR 41.95 lakh |
|
200 Square meters |
3 |
INR 51.8 lakh |
|
300 Square meters |
131 |
INR 77.7 lakh |
|
500 Square meters |
40 |
INR 1.29 crore |
|
1000 Square meters |
18 |
INR 2.59 crore |
|
4000 Square meters |
8 |
INR 10.36 crore |
YEIDA Jewar Airport Plot Scheme Important Dates
Below are important dates of the YEIDA Jewar Airport Plot Scheme.
|
Particulars |
Dates |
|
Registration Start Date |
05th July 2024 |
|
Last Date of Registration |
05th August 2024 |
|
Lucky Draw Date |
20th September 2024 |
|
Refund Date |
Yet to be Disclosed |
YEIDA Jewar Airport Plot Scheme Payment Plans
To facilitate the allottees, the authority has introduced three payment plans under the YEIDA Plot Scheme 2024:
- Full Payment Option: Pay 100% of the total premium, including the registration fee, within 60 days from the issue of the allotment letter.
- 50% Payment Plan: Pay 50% of the total premium, including the registration fee, within 60 days from the date of the allotment letter. The remaining 50% can be paid in two equal half-yearly installments, starting from the 61st day from the allotment date, with an interest rate of 10% per annum.
- 30% Payment Plan: Pay 30% of the total premium within 60 days from the date of the allotment letter. The remaining 70% is to be paid in 10 equal half-yearly installments, starting from the 61st day from the allotment date, with an interest rate of 10% per annum.These flexible payment options make it easier for allottees to secure their plots under the YEIDA Plot Scheme 2024.
An Introduction to YEIDA Plot Schemes
YEIDA City (formerly known as "Yamuna City") is a greenfield project and the third city in the Gautam Buddha District, following NOIDA and Greater NOIDA. This ambitious city is being developed over a 25,000-hectare area along the Yamuna Expressway in Uttar Pradesh. It will host the NOIDA International Airport at Jewar, set to become the largest airport in India. The city will also feature the Buddh International Circuit (an F1 track), a sports city, an international cricket stadium, and India’s largest Film City.
As part of the Delhi National Capital Region (NCR), YEIDA City is planned with a sector-wise development model to ensure better and smarter infrastructure. Once completed, this city will complement the real estate developments in NOIDA and Greater NOIDA. For those interested, the YEIDA Plot Scheme 2024 offers an excellent opportunity to invest in this rapidly developing region.
Where is the YEIDA City Located?
YEIDA City is being developed south of Greater NOIDA in the Gautam Buddha Nagar district, along the Yamuna Expressway in Uttar Pradesh. The township is situated between the proposed Eastern Peripheral-Yamuna Expressway intersection and Jewar Airport. It is conveniently located 45 km from Delhi via the DND Expressway, 14 km from Pari Chowk in Greater NOIDA, 110 km from Mathura and Vrindavan, and 160 km from Agra. The YEIDA Plot Scheme 2024 provides an excellent investment opportunity in this strategically positioned and rapidly developing region.
What is the Current Status of the YEIDA Plot Schemes?
The authority has successfully developed Sectors 17A, 26A, and 26B, while ongoing projects in YEIDA City include residential development in Sectors 18, 20, and 22D, mixed land use development in Sectors 13 (primarily residential) and 24, industrial development in Sectors 32 and 33, institutional development in Sector 22E, and the construction of affordable housing in Sector 22D. Proposed projects in the region also encompass the construction of two 33 KV substations and LIG/MIG houses in Sector 22D.
Additionally, the Jaypee Group (JPSI) is developing Sectors 19 and 22 for residential and commercial purposes, as well as a sports complex in Sectors 25 and 26. The YEIDA Plot Scheme 2024 offers an opportunity to invest in these rapidly developing areas.
To develop additional infrastructure, the government is acquiring land directly from farmers or through the recently introduced land pooling policy. Under this policy, farmers receive 25% of their land back after development, which they can use for industrial, commercial, or residential purposes or sell. The YEIDA Plot Scheme 2024 is part of this initiative, offering opportunities to invest in these newly developed areas.
Facts About YEIDA Plot Scheme Registration Process
Here are some key details about the registration process for the YEIDA Plot Scheme 2024:
- Online Submission: Applications for the YEIDA Plot Scheme 2024 can only be submitted online through the Yamuna Authority’s website: yamunaexpresswayauthority.com.
- Application Form Fee: The application form can be obtained by paying Rs 500 plus 18% GST online via the Yamuna Authority’s website, www.yamunaexpresswayauthority.com, using the net banking payment gateway.
- Submission Process: The completed and signed application form, along with the required registration money and all necessary annexures, must be submitted online at www.yamunaexpresswayauthority.com through net banking, within the specified opening and closing dates of the scheme.
- Application Requirements: Ensure the application is complete in all respects. Any incomplete forms, such as those with blank columns, missing photos, incomplete or incorrect addresses, missing signatures/thumb impressions, or incorrect details, will be rejected.
By following these guidelines, applicants can successfully navigate the registration process for the YEIDA Plot Scheme 2024.
Steps to Apply for YEIDA Plot Schemes
Here’s a simplified guide to applying for a residential property under the YEIDA Plot Scheme 2024:
Step 1: Visit the Official Website
- Go to the official website of the Yamuna Expressway Industrial Development Authority at yamunaexpresswayauthority.com.
Step 2: Log in or Register
- Log in to the portal using your unique credentials. If you’re a first-time user, you’ll need to register by providing basic details such as your name, father’s name, mobile number, email ID, and relevant property-related information. Additionally, upload essential documents like identity proof and the allotment letter.
Step 3: Payment of Application Fee
- After logging in, pay the application fee of Rs. 500 (excluding GST) online through your preferred payment mode. You can download the application form from the portal, available on the right side of the screen after logging in.
- Alternatively, obtain the application form from an ICICI Bank branch by paying the fee as a demand draft or pay order. Ensure the demand draft is made in favor of 'Yamuna Expressway Industrial Development Authority', payable at New Delhi/Noida/Greater Noida.
Step 4: Submission of Application
- Complete the application form with required documents, including a passport-sized photograph and your signatures.
Step 5: Submission Deadline
- Submit the completed form along with 10% of the registration amount to any ICICI Bank branch before the registration deadline.
By following these steps, you can successfully apply for a residential plot under the YEIDA Plot Scheme 2024 and ensure your application meets all necessary requirements.
Also Read: India needs digital twin policy to drive 33% increase in infra investment: Report
Yamuna Expressway Plot Scheme Allotment Process
Here's how the allotment process works for the Yamuna Expressway Plot Scheme 2024:
The allotment process for residential plots under the YEIDA Plot Scheme 2024 follows these steps:
Registration and Eligibility
-
- Applicants need to register online and meet the eligibility criteria specified by YEIDA.
Lucky Draw Process
- The selection process involves a manual or computerized lucky draw, conducted separately for each eligible category.
First Draw of Lots
- The first draw determines the successful applicants who are eligible for plot allotment.
Second Draw of Lots
- A second draw of lots is conducted to allocate specific plot or flat numbers to the successful applicants.
Refund for Unsuccessful Applicants
- Applicants who are unsuccessful in the draw will receive a refund of the registration amount paid, without any interest.
- Applicants need to register online and meet the eligibility criteria specified by YEIDA.
This process ensures transparency and fairness in the allocation of residential plots under the YEIDA Plot Scheme 2024, providing equal opportunities to all eligible applicants.
Yamuna Expressway Authority Plot Scheme Eligibility Criteria
Here are the eligibility criteria applicants must meet to ensure smooth approval under the YEIDA Plot Scheme 2024:
- Applicants must be at least 18 years old.
- Applicants must be Indian citizens.
- Applicants should not have been allotted any plot or flat by the Yamuna Expressway Industrial Development Authority previously.
- Each applicant is eligible to apply for only one plot.
Meeting these criteria is essential for prospective applicants to qualify for participation in the YEIDA Plot Scheme 2024 and secure approval for plot allotment.
Yamuna Expressway Plot Scheme Payment Schedule
|
Type of Payment |
Break-up of funds |
Payment schedule |
|
Registration Money |
10% |
Deposited with the application form as registration money |
|
Allotment Money |
20% |
Payable within 45 days from the date of allotment as allotment money |
|
Remaining Money |
70% |
Payable in Twelve equal half-yearly instalments* |
Under the YEIDA Plot Scheme 2024, applicants must deposit 10% of the total plot cost before submitting their application on the Authority's website.
Preference during plot allocation will be given based on the payment method chosen:
- Applicants opting for a single payment upfront will receive first preference.
- Those choosing to pay 50% of the total cost upfront and the remaining amount in instalments will receive second preference (50:50 ratio).
- Applicants making a one-time payment of 30% of the total cost and paying the remaining 70% in instalments will receive the least preference (30:70 ratio).
Interest at 12% per annum will be calculated starting from the 46th day after the date of allotment, based on the reducing principal amount at the end of each half-yearly period. This structure ensures clarity and fairness in the allocation process under the YEIDA Plot Scheme 2024.
Also Read: Yeida to offer 6,500 under affordable housing scheme
Facilities in the YEIDA City (Yamuna Expressway Plot Scheme) Project
In the context of the YEIDA Plot Scheme 2024, the city boasts several established and upcoming facilities. The Buddh International Circuit (F1 Track) and NOIDA Cricket Stadium, with a seating capacity of 25,000, are operational in the Sector 21A sports complex. Residential development includes plots allocated by the authority and private ventures such as Gaur Yamuna City and Ajnara Panorama.
Regarding the layout, YEIDA City spans 24,739 hectares. Approximately 26% is designated for industrial use, 19% for residential areas, and 22% as green spaces covering 5,148 hectares. The total area under YEIDA's jurisdiction is 2,688 sq km.
Upcoming projects include an MSME cluster, toy park, furniture park, apparel park, and handicraft park. The city plans to accommodate three hotels: a three-star hotel on 2.5 acres, a four-star hotel on 5 acres, and a five-star hotel on 10 acres. In terms of community facilities, YEIDA has allotted land for three community health centres and a girls’ inter-college. Additionally, Gaursons Group is constructing a 108 ft tall statue of Lord Krishna, India’s tallest, and a grand temple in Gaur Yamuna City.
Private developers are also enhancing the city's appeal by offering integrated townships featuring high-rise apartments, luxury villas, and commercial properties, contributing to a modern lifestyle in YEIDA.
Yamuna Expressway Plot Scheme Demand Drivers
The Yamuna Expressway Plot Scheme 2024 is anticipated to benefit significantly from several major demand drivers. With the upcoming international airport poised to attract international investments, the region is expected to experience substantial job creation and economic growth. Its proximity to the proposed logistics hub in Noida, which includes a dry port and freight corridor, will facilitate seamless movement of goods and raw materials, further stimulating investments from manufacturing industries.
Moreover, ongoing expansions in nearby NOIDA and Greater NOIDA are likely to drive initial investments into YEIDA City. Planned developments such as the international electronics city and global financial hub are expected to further bolster the township's appeal in the coming years, attracting additional investments and contributing to its overall growth trajectory.
YEIDA Plot Scheme: Preference Location Charges
Find below the PLC (Preference Location Charges) for a plot allotted by the Yamuna Expressway Authority Plot Scheme.
|
Types of PLC |
Percentage Charged |
|
Corner Locations |
5 per cent |
|
Park facing/green belt location |
5 per cent |
|
With 18 metres and more width of the road |
5 per cent |
|
Location charges for any single plot |
15 per cent |
YEIDA Mixed Plot Scheme
The YEIDA Plot Scheme 2024 has recently introduced a mixed plot scheme in Sector 24 of Greater Noida, Uttar Pradesh. This scheme offers land parcels exceeding 40,000 square feet, specifically targeting the development of non-polluting industrial units.
Under the Mixed Plot Scheme, YEIDA plans to lease between five plots, each ranging from 40,000 to 52,000 square feet, to commercial projects. These plots will have a Floor Area Ratio (FAR) of up to two, facilitating the establishment of various non-polluting industrial ventures in the region.
YEIDA (Yamuna Expressway Authority) Mixed Plot Scheme: Key Facts
When applying for the YEIDA Plot Scheme 2024, it's crucial to keep a few key points in mind:
- The application processing fee for YEIDA Plot Scheme 2024 is Rs. 25,000, excluding GST.
- Alongside necessary documents, applicants must attach their GST registration and GST return details for the Financial Year 2021-22 with the application form.
- Ensure that you apply through the official YEIDA website.
- Before finalizing your application and making any payment, carefully review all details provided.
These steps will help ensure a smooth application process for the YEIDA Plot Scheme 2024.
Also Read: Yeida cancels land allotments of Supertech, Sunworld over pending dues
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Ans 1. Yeida Residential Plot Scheme 2024 : yamuna expressway authority Portal Login [How to Apply] In anticipation of the General Elections, Yamuna Expressway Industrial Development Authority (YEIDA) has extended the registration deadline for its Group Housing Scheme until June 6, 2024.
Ans 2. Answer: The construction can be started immediately after the physical possession. Normally the physical possession is giving within few days of registration. The minimum construction area is 50% and maximum time for making a completion is 3 years after physical possession.
Ans 3. The registration process for the Yeida Residential Plot Scheme begins on 5th July 2024. You can apply until 5th August 2024. The draw to allocate plots will take place on 20th September 2024. The registration amount for 120 square meter starts from ₹1,55,400 for SC/ST category and ₹3,10,800 for others
Ans 4. Under the new YEIDA residential plot scheme 2024, land parcels are available at Sector-16, 18, 20 and 22D along the Yamuna Expressway. The plots under YEIDA Residential Plot Scheme 2024 are available at Rs 25,900 per square meter approximately. The best part about these plots is their location.
Ans 5. Ans. Yes Farmers Quota Plots is fully safe if kisan got the plot allotted from Authority and the registry is done. Once the plots are registered in favor of kisan then you may buy the plots without any risk from Farmer and you can get the registry transfer in your favor.
Ans 6. Latest Update: YEIDA Plot Scheme 2023On December 11, 2023, the Yamuna Expressway Industrial Development Authority (YEIDA) introduced an Institutional Plot Scheme near Jewar Airport. The plot size for nursing homes is set at 1,000 square meters, and for hospitals, it's 10,900 square meters.
Ans 7. New commercial land ratesNew rate for group housing land is ₹32,375 per sqm against earlier rates of ₹30,750 per sqm. The new institutional land rates are ₹7,930-17,150 per sqm against the earlier range ₹7,530-16,300 per sqm.
Ans 8. Transfer charges @5% of the total cost of the plot shall be payable ) in the form of demand draft/ pay order drawn in favour of yamuna expressway industrial development authority.
Ans 9. Yes, you can get a loan on the YEIDA plot scheme. Many banks and financial institutions offer loans specifically for purchasing plots under YEIDA schemes.
Ans 10. Payment plan for YEIDA plot scheme30% of the total premium of the plot (including registration fees) to be paid within 60 days from the date of issue of the allotment letter and the remaining 70% of the amount to be paid in 10 half-yearly instalments from the 61st day from the allotment.