The Yamuna Motorway Industrial Development Authority (YEIDA) is set to develop four new townships in Sector-22D of Yamuna City, Greater Noida. Builders will receive large land plots under the Group Housing Scheme for this project. In June, YEIDA will launch a scheme offering over 6,000 residential, institutional, and commercial plots. This initiative aims to provide housing and industrial opportunities for people from all backgrounds. Read on for detailed information about the YEIDA Plot Scheme 2024.
What is YEIDA Plot Scheme
The YEIDA Plot Scheme 2024 will offer 6,000 plots, each measuring 30 square meters, priced at around ₹8 lakh per plot. This affordable cost makes it possible for lower middle class families to build homes near the airport. The program will be launched next month after the model code of conduct notification is lifted.
In addition to the 6,000 small plots, there will be about 500 larger plots available for residential use, ranging from 200 to 4000 square meters. These larger plots will be priced at around ₹24,000 per square meter.
YEIDA Residental Plot Scheme 2024 Details
| Name | YEIDA Plot Scheme 2024 |
| Initiated by | 5 Plots: 20,000 Square Meters Each 1 Plot: 40,000 Square Meter |
| Plots Size | 5 Plots: 20,000 Square Meter Each 1 Plot: 40,000 Square Meter |
| Estimated Price of Plots | Ranging between Rs.61.5 crore to Rs.135.3 crore |
| Number of Group Housing Scheme Plots | 6 Plots |
| Registration Last Date | 20TH May 2024 |
| Document Submission Last Date | 21ST May 2024 |
| E-Auction Date | 10TH June 2024 |
| Registration Charges | 10 Percent of Plot Cost (Ranging between Rs.6.15 crore to Rs.13.53 crore) |
| Reserved Rate of Bidding Charges | Reserved Rate of Bidding ChargesRanging between Rs 30,750 Per Sq Mtr and Rs 33,825 Per Sq Mtr |
Important Aspects of the YEIDA Plot Scheme
YEIDA’s Big Plot Allocation and Future Plans
Under the Group Housing Scheme, YEIDA will give builders large land parcels to develop four new townships in Sector-22D of Yamuna City.
In June, YEIDA will launch a program offering over 6,000 plots for residential, institutional, and commercial use. This plan will meet various needs, including homes and industrial spaces.
YEIDA aims to boost economic and industrial growth by providing plots for both residential and industrial purposes. This development will attract businesses and industries, creating jobs and promoting economic growth.
These townships will result in 30,000 new residential units. This large housing project will provide comfortable living options for people from all socioeconomic backgrounds, ensuring housing opportunities for everyone.
YEIDA Plot Scheme Eligible Creteria
Applicants interested in the YEIDA Plot Scheme must meet the following eligibility criteria
- The applicant must be 18 years or older.
- The applicant must be an Indian citizen.
- Each applicant can only submit one plot application.
- The applicant must not have received a plot or unit from the Yamuna Expressway Industrial Development Authority (YEIDA) previously.
YEIDA Plot Scheme status
While Sectors 17A, 26A, and 26B have been fully developed by YEIDA, several projects are still in progress across the city:
- Sector 22D: Construction of affordable homes and LIG/MIG houses, along with two 33 KV substations.
- Sectors 13 and 24: Mixed-use development primarily for residential purposes.
- Sectors 32 and 33: Industrial development.
- Sectors 18, 20, and 22D: Residential development.
Additionally, the Jaypee Group (JPSI) is developing:
- Sectors 19 and 22: Residential and commercial areas.
- Sectors 25 and 26: A sports complex.
These projects aim to enhance the infrastructure and provide diverse housing and industrial opportunities in Greater Noida.
YEIDA Plot Scheme 2024 Application Process
- Applications for the YEIDA Plot Scheme must be submitted online through the Yamuna Authority’s website.
- The application form is available on the website for Rs 500 plus 18% GST, payable via net banking or the payment gateway.
- Submission Requirements-
- The completed and signed application form.
- Required registration funds.
- All necessary annexes.
- All documents must be submitted online between the opening and closing dates of the scheme.
- Applications will be denied if they are incomplete, have blank spaces, lack a photo, have incorrect or incomplete addresses, are missing signatures or thumb impressions, or contain inaccurate information.
Allocation Procedure for YEIDA Plot Scheme 2024
The allocation process for the Yamuna Motorway Plot Scheme (YEIDA Plot Scheme) involves the following steps:
- Registration: Applicants must first register for the scheme.
- Selection Process: The selection for residential plot allocation is conducted through a manual or computerized draw.
- Separate Draws: A separate draw is held for each qualifying category.
- Plot/Flat Assignment:
- First Draw: Determines the successful applicants.
- Second Draw: Assigns specific plot or flat numbers to the successful applicants.
- Refunds for Unsuccessful Applicants: Applicants who are not successful in the draw will receive a full refund of their registration fees without any interest.
This process ensures a fair allocation of plots and provides transparency in the selection and assignment of residential units.