The Yamuna Expressway Industrial Development Authority (YEIDA) has introduced its Residential Plot Scheme for 2024, designed to offer affordable housing solutions to residents of Noida and neighboring regions. By offering plots at competitive prices, YEIDA plot scheme 2024 hopes to cater to the growing demand for residential properties in the region.
Key Features of Yeida Scheme 2024
- Residential Plots: The scheme primarily focuses on the allotment of residential plots in various sizes to suit different needs.
- Prime Location: Plots are located in strategically chosen sectors within the YEIDA jurisdiction, ensuring good connectivity and future development prospects.
- Affordable Pricing: YEIDA offers competitive pricing for the plots, making homeownership more accessible to a wider range of buyers.
- Transparent Process: The allotment process is transparent, with a clear eligibility criteria and a fair draw system for plot allocation.
Benefits of Investing in Yeida
- Capital Appreciation: Given the rapid development of the region, investing in a YEIDA plot has the potential for significant capital appreciation over time.
- Improved Lifestyle: Residing in a planned city like YEIDA offers a better quality of life with modern amenities and infrastructure.
- Investment Opportunity: Owning a plot in YEIDA can be a lucrative investment, especially considering the region’s growth trajectory.
Also read: PMAY Urban Scheme 2024: Eligibility, Details, Benefits and Latest Updates
YEIDA Plot scheme 2024 Extended Dates
The Yamuna Expressway Industrial Development Authority (YEIDA) has extended the deadline for applications to its highly anticipated residential plot scheme. Originally set to close on August 5, 2024, the new deadline is now August 23, 2024. This extension provides prospective buyers with additional time to apply for one of the 361 available residential plots located near the Noida International Airport.
Key Details of the YEIDA Housing Plots Scheme
| Category | Details |
|---|---|
| Prime Locations | Plots in Sectors 16, 18, 20, and 22-D along the Yamuna Expressway, near Noida International Airport. |
| Pricing | ₹25,900 per square meter. |
| Reason for Extension | Increased Demand: Extended to August 23, 2024, due to high demand. Revised Draw Date: Now October 10, 2024. |
| Plot Details | Plot Sizes: 120 to 4,000 square meters. Special Rates: 5% increase for park-facing and corner plots. Farmer Provisions: 17.5% reservation for affected farmers. |
Location and Pricing:
- Prime Locations: The scheme features plots situated in Sectors 16, 18, 20, and 22-D along the Yamuna Expressway. This area is in close proximity to the upcoming Noida International Airport, making it a prime location for future residents.
- Pricing: The land rate has been set at ₹25,900 per square meter. This rate is competitive, offering significant value compared to the current market rates.
Reason for Extension
| Plot Size | Number of Plots | Approximate Price |
|---|---|---|
| 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 |
- Increased Demand: The extension to August 23, 2024, was announced due to high demand from applicants seeking more time to prepare their submissions. Arun Vir Singh, CEO of YEIDA, highlighted that this decision was made to accommodate the overwhelming interest and ensure that every interested party has the opportunity to apply.
- Revised Draw Date: The draw for plot allotments, initially scheduled for September 20, 2024, has been rescheduled to October 10, 2024.
Plot Details - Plot Sizes: The scheme offers a range of plot sizes from 120 square meters to 4,000 square meters, catering to diverse needs and preferences.
- Special Rates: There is a 5% increase in rates for park-facing and corner plots.
- Farmer Provisions: There is a 17.5% reservation for plots for farmers whose lands have been acquired for YEIDA’s development or the Jewar Airport project.
YEIDA Plot Application Details
| Category | Details |
|---|---|
| Application Portal | Applications can be submitted online via the YEIDA website. Application fee: INR 500 + 18% GST. |
| Documents Required | – Aadhar card – Passport-sized photograph – Mobile number – Income certificate – Residence certificate from the state government |
| Application Steps | 1. Visit the YEIDA official website. 2. Obtain the application form for INR 500 + GST. 3. Fill out the form and include all required documents. 4. Review and submit the application online. |
| Eligibility Criteria | – Age Requirement: Must be 18 years or older. – Residency: Open to all Indian citizens, including NRIs, provided they meet local regulations. – Previous Benefits: Should not have benefited from other property schemes within the state. – Plot Limits: One plot per applicant; additional plots must be surrendered if more than one is allotted to the same family. |
| Pricing and Payment | – Plot Rate: ₹25,900 per square meter. – Payment Methods: Online via the YEIDA website. |
| Important Dates | – Application Start Date: July 5, 2024 – Application End Date (Extended): August 23, 2024 – Draw Date: October 10, 2024 |
Application Process
Application Portal: Applications can be submitted online via the official YEIDA website. The application fee is INR 500 plus 18% GST. Applicants must provide
Documents Required:
- Aadhar card
- Passport-sized photograph
- Mobile number
- Income certificate
- Residence certificate from the state government
Application Steps:
- Visit the YEIDA official website.
- Obtain the application form for INR 500 plus GST.
- Fill out the form and include all necessary documents.
- Review and submit the application online.
Eligibility Criteria
- Age Requirement: Applicants must be 18 years of age
- Residency: Open to all Indian citizens, including non-resident Indians (NRIs), provided they meet local regulations.
- Previous Benefits: Applicants should not have benefited from other property schemes within the state.
- Plot Limits: Plot Limit: Each eligible applicant may submit an application for a single plot only.
Additional plots allotted to family members must be surrendered if more than one plot is allotted to the same family.
Also read: New Airports Under UDAN Scheme 2024: Funding Allocation & Airports list
Pricing and Payment Details
Plot Rate: ₹25,900 per square meter.
Payment Methods: Payments are to be completed online through the YEIDA website.
Important Dates
Application Start Date: July 5, 2024
Application End Date (Extended): August 23, 2024
Draw Date: October 10, 2024
Facilities and Amenities
Nearby Facilities: The residential plots are strategically located near world-class facilities such as the Noida International Airport, film city, medical devices park, MotoGP track, electronics manufacturing cluster, MSME apparel and toy park, and the Yamuna Expressway.
Conclusion
The YEIDA Housing Plots Scheme 2024 represents a significant opportunity for those looking to invest in residential properties in Noida. With the extended application deadline and competitive pricing, this scheme is an excellent chance for prospective homeowners and investors to secure a plot in one of the most promising areas near the Noida International Airport. Ensure to apply before the new deadline and take advantage of this exceptional opportunity for affordable housing.
Frequently Asked Questions:
The Yeida Residential Plot Scheme 2024 is an initiative by the Yamuna Expressway Industrial Development Authority (YEIDA) to provide affordable residential plots in Noida. The scheme offers plots in prime locations along the Yamuna Expressway
The application deadline has been extended to August 23, 2024, from the original date of August 5, 2024.
The draw for plot allotments has been rescheduled to October 10, 2024, from the earlier date of September 20, 2024.
Plots are located in Sectors 16, 18, 20, and 22-D along the Yamuna Expressway, close to the Noida International Airport
The land rate is set at ₹25,900 per square meter.
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