The Yamuna Expressway Industrial Development Authority (YEIDA) recently launched a new housing scheme involving YEIDA residential plots, located adjacent to the new Noida International Airport. This scheme was formed in response to a long-standing demand for residential development in the fast developing area. The residential plots are positioned at competitive price points, in an amazing location, and with great connectivity, emphasizing one of the best opportunities for homeowners and investors.
Overview of the YEIDA Residential Plot Scheme
The new housing plot scheme provides 276 residential plots of 200 square meters each. The plots are in Sector 18 adjacent to the Yamuna Expressway. These plots are for sale at ₹35,000 per square meter, with a lottery for allotment. This scheme is aimed at those interested in obtaining land in one of Uttar Pradesh's emergent land development areas.
Key Details:
- Plot Size: 200 square meters
- Location: Sector 18, Pocket 9B, along the Yamuna Expressway
- Price: ₹35,000 per square meter
- Registration Amount: ₹7 lakh for the general category
- Scheme Dates: Opened on April 21, 2025, and closes on May 21, 2025
- Lottery Draw Date: Tentatively scheduled for July 11, 2025
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Pricing and Payment Details
YEIDA has announced a basic price of ₹35,000 per square meter for the residential plots. There is a ₹7 lakh registration amount for the plots, which must be included in the application form. Successful applicants will have 60 days from the date of the allotment letter to pay the total premium with the 10% registration amount as well.
Payment Process:
- All payments must be made online through the official Yamuna Authority website.
- Financing options are available through ICICI Bank and State Bank of India, subject to eligibility.
Who Can Apply?
The YEIDA residential plot scheme is open to eligible applicants who are either Indian or Non-Resident Indian (NRI).
- Applicants and their family (spouse or minor children) cannot already possess residential plots or flats allotted by YEIDA.
- Applicant must be 18 or older at the time of application.
- Applications can be submitted jointly with immediate family (e.g., parent, siblings, spouse)
- One application for a plot will be accepted from each individual.
Note:
Applicants found violating the eligibility conditions, such as owning multiple plots, will have their applications canceled, and their deposits forfeited.
Allotment and Possession Details
The YEIDA residential plots are to be allotted via a manual lottery draw that will take place on July 11th, 2025. Successful applicants will receive allotment letters in the 30 days following the lottery. The plots will be handed over after the development work is complete, which is expected to take 5 or so years.
Construction Requirements:
Allottees must start construction within 3 years after execution of the lease deed and receive occupancy from YEIDA.
- If construction is delayed, the allottees may be granted an extension upon the payment of extension charges.
Advantages of Investing in YEIDA Residential Plots
The YEIDA residential plot scheme stands near the Noida International Airport, which is projected to undergo a significant transformation as an economic and residential hub.
Major Advantages:
- Located near Noida International Airport: Great connectivity and potential future appreciation when the airport starts operations.
- Value for Money - Adequate prices at ₹35,000 per square meter make this a good buy.
- Location: Sector 18 near commercial centres and Yamuna Expressway.
- Well-planned development with all modern infrastructure and amenities required.
Recent Price Hikes and Market Trends
Recently, YEIDA changed its land allotment prices, which also covered residential, industrial and group housing plots. Residential plot rates rose by 35%, from ₹25,900 per square meter in the prior financial year to ₹35,000 per square meter. However, prices remain relatively competitive versus similar plots located in other areas of the National Capital Region (NCR).
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Application Procedure for YEIDA Residential Plots
To apply for the YEIDA residential plot scheme, applicants need to follow these steps:
- Visit the official Yamuna Authority website: www.yamunaexpresswayauthority.com.
- Pay ₹600 online to obtain the application form.
- Fill out and submit the form along with the registration amount of ₹7 lakh and the required documents.
- Wait for the manual draw to determine the allotment.
Final Thoughts
The release of residential plots in YEIDA close to Noida International Airport is phenomenal for the development of the NCR real estate market. With great locations, affordable prices, and planned development, this release is a wonderful opportunity for buyers looking for a great real estate investment or their next dream home.
Potential buyers should act fast, the project is open until May 21, 2025. Don't lose out on this opportunity to secure your future in one of India's best developing real estate destinations.
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Ans 1. The plots are priced at ₹35,000 per square meter. A 200-square-meter plot costs ₹70 lakh.
Ans 2. The plots are in Sector 18, Pocket 9B, along the Yamuna Expressway, near the upcoming Noida International Airport.
Ans 3. The registration amount is ₹7 lakh for the general category and must be paid with the application.
Ans 4. Eligibility criteria include being an Indian citizen or NRI, aged 18 or older, and not owning any other residential plot or flat allotted by YEIDA.
Ans 5. The scheme opened on April 21, 2025, and closes on May 21, 2025.
Ans 6. lots will be allotted via a manual lottery draw, scheduled for July 11, 2025.
Ans 7. Applicants must visit the official Yamuna Authority website, pay ₹600 to obtain the application form, and submit it with the registration amount and required documents.
Ans 8. Plots will be handed over after development work is completed, which is expected to take approximately five years.
Ans 9. Yes, financing is available through ICICI Bank and State Bank of India, subject to eligibility.
Ans 10. The scheme offers plots in a rapidly developing area with excellent connectivity, reasonable prices, and potential for significant appreciation due to its proximity to the Noida International Airport.