YEIDA Plot Scheme 2024: Affordable Residential Plots Near Yamuna Expressway

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched the YEIDA Plot Scheme 2024, offering residential plots in the rapidly developing regions along the Yamuna Expressway. This initiative aims to provide affordable housing options near significant infrastructure projects like the Noida International Airport and Film City, making it an attractive opportunity for prospective homeowners and investors.

Key Highlights of YEIDA Plot Scheme 2024

FeatureDetails
Scheme NameYEIDA Plot Scheme 2024
Launched ByYamuna Expressway Industrial Development Authority (YEIDA)
ObjectiveAllotment of residential plots
LocationSectors 16, 18, 20, 22D, and 24A along Yamuna Expressway
Plot Sizes120 sqm, 162 sqm, 200 sqm, 250 sqm, 300 sqm, 500 sqm, 1000 sqm, 2000 sqm, 4000 sqm
Application PeriodOctober 31, 2024 – November 30, 2024
Draw DateDecember 27, 2024
Official Websitehttps://www.yamunaexpresswayauthority.com/

Understanding the YEIDA Plot Scheme 2024

The YEIDA Plot Scheme 2024 is designed to cater to the growing demand for residential spaces in the vicinity of the upcoming Noida International Airport. By offering plots in various sizes, YEIDA aims to accommodate diverse housing needs, from individual homeowners to developers interested in larger parcels of land.

Objectives and Benefits of the YEIDA Plot Scheme 2024

  • Affordable Housing: Providing residential plots at competitive rates to promote housing development in the region.
  • Strategic Location: Plots are situated near major infrastructure projects, enhancing their investment potential.
  • Transparent Allotment Process: Plots are allotted through a lottery system, ensuring fairness and transparency.
  • Flexible Payment Options: Multiple payment plans are available to suit different financial capabilities.

Eligibility Criteria for YEIDA Plot Scheme 2024

To apply for the YEIDA Plot Scheme 2024, applicants must meet the following criteria:

  1. Age: Applicants must be at least 18 years old.
  2. Nationality: Open to Indian citizens, including Non-Resident Indians (NRIs).
  3. Application Limit: Only one application per individual is permitted.
  4. Previous Allotments: Applicants who have previously been allotted residential plots by YEIDA are not eligible to apply.

Required Documents

Applicants need to provide the following documents:

  • Proof of Identity: Aadhar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Utility bills, bank statements, or any valid address proof.
  • PAN Card: For financial transactions and verification.
  • Bank Account Details: For refund purposes in case of unsuccessful allotment.

Plot Details and Pricing

The scheme offers a variety of plot sizes to cater to different requirements:

Plot Size (sqm)Number of PlotsRegistration Amount (INR)
120100155,400
162169209,790
200172259,000
2506323,750
2604336,700
300131388,500
50040647,500
1000181,295,000
200082,590,000
400085,180,000

Note: The registration amount is 10% of the total premium of the plot.

Application Process for YEIDA Plot Scheme 2024

  1. Obtain the Application Form: Available on the official YEIDA website.
  2. Fill the Form: Provide accurate personal, financial, and plot preference details.
  3. Pay the Registration Amount: Deposit 10% of the total premium of the desired plot size.
  4. Submit the Application: Complete the submission online through the YEIDA portal.
  5. Receive Acknowledgment: After submission, an acknowledgment receipt will be provided.

Allotment Process

  • Lottery Draw: A computerized draw will be conducted on December 27, 2024, to ensure a fair allotment process.
  • Allotment Letters: Successful applicants will receive allotment letters within 30 days of the draw.
  • Payment Schedule: Allottees must adhere to the payment schedule outlined in the allotment letter.

Payment Options

YEIDA offers flexible payment plans:

  1. 100% Upfront Payment: Pay the total premium within 60 days from the date of the allotment letter.
  2. 50% Upfront Payment: Pay 50% of the total premium within 60 days, with the remaining 50% payable in two equal half-yearly installments.

Note: Delayed payments may attract interest charges as per YEIDA’s terms.

Important Dates

  • Application Start Date: October 31, 2024
  • Application End Date: November 30, 2024
  • Draw Date: December 27, 2024
  • Allotment Letter Dispatch: Within 30 days post-draw

Contact Information

For queries and assistance:

Who can apply for the YEIDA Plot Scheme 2024?

Any Indian citizen aged 18 or above, including NRIs, can apply, provided they have not been allotted a residential plot by YEIDA previously.

How can I apply for the scheme?

Applications can be submitted online through the official YEIDA website during the application period.

What is the mode of allotment?

Allotment is done through a computerized lottery draw to ensure transparency.

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