YEIDA Plot Scheme Refund Overview
The YEIDA (Yamuna Expressway Industrial Development Authority) Plot Scheme Money Refund initiative provides applicants with the option to withdraw from their plot schemes and claim a refund. Whether due to personal reasons or inability to proceed with the plot acquisition, this scheme offers a clear and transparent process to reclaim the deposited money.
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YEIDA Plot Scheme RPS-08/2024 Overview
- Launch Date: July 5, 2024
- Plot Size: 120 to 4,000 square meters
- Location: Sectors 16, 18, 20, and 22D along the Yamuna Expressway
- Price: Approx. Rs. 25,900 per square meter
- Allocation Method: Lucky draw
- Draw Date: October 10, 2024
- Key Projects Nearby: Noida International Airport, Film City
This scheme presents a lucrative opportunity for investors interested in acquiring residential plots in a rapidly developing area.
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Key Details of the Refund Process
Eligibility for Refund
- Applicants who have applied for plots but wish to withdraw their application can request a refund.
- Refunds are also available for those unable to proceed with the acquisition.
Refund Processing Timeline
- Refunds are processed within a year of submitting the refund application, with most applicants receiving their money within two months.
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Important Dates for YEIDA Plot Scheme RPS-08/2024
- Launch Date: July 5, 2024
- Application Submission Period: Until March 31, 2025, or until all plots are allocated
- Draw Date: October 10, 2024
- Draw Venue: India Expo Center & Mart, Greater Noida
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Steps to Claim Your Refund
- Submit a Surrender Application: Start the process by formally submitting your surrender application to YEIDA.
- Await Written Acceptance: Wait for 90 days after submission for written acceptance from the authority.
- Receive Refund: Upon approval, you will receive your refund as per the terms.
Note: Refunds are available for both residential plots and flats, with specific conditions applicable depending on the applicant’s situation.
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Conditions for YEIDA Refunds
- Unsuccessful Applicants: Full refund without interest.
- Refund for Registration Money: Registration deposits under a year are refunded without interest.
- Extended Delays: In the event of delays exceeding one year, YEIDA provides a refund with 4% simple interest.
- Plot Surrender: Allottees can voluntarily surrender their plots and receive a refund with interest.
- Application Violations: In cases where application conditions are violated, registration money is refunded without interest.
Checking the Refund Status
- Email: queries@yamunaexpresswayauthority.com
- Phone: +91 9871964919
- Helpdesk Email: yeida.helpdesk@medhaj.com
These contact points will provide the latest updates regarding your refund status.
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Contact Information
- Address:
Yamuna Expressway Industrial Development Authority (Govt. of U.P. Undertaking)
First Floor, Commercial Complex, P-2, Sector- Omega I, Greater Noida, Gautam Budh Nagar, Uttar Pradesh PIN: 201308 - Phone: +91.120.2395153/7/8, 2395152, 2395157 (Available Monday to Friday, 9:30 AM to 6:00 PM)
- Fax: +91.120.2395150
- Email: queries@yamunaexpresswayauthority.com
Frequently Asked Questions (FAQs)
- What is YEIDA Plot Scheme RPS-08/2024?
It is a residential plot scheme offering plots in the Yamuna Expressway area to mid-income individuals. - How can I apply for the YEIDA Plot Scheme?
Applications can be submitted online through the official YEIDA website. - What is the refund process?
Submit a surrender application, and the refund will be processed within less than a year. - How can I check the refund status?
Contact YEIDA via email or phone for the latest updates. - What interest rate is applicable for refunds?
The interest rate varies, with a standard of 4% in specific situations. - What happens if my application is unsuccessful?
If the application is unsuccessful, the registration money is refunded without interest. - What circumstances lead to a refund?
Refunds are issued for unsuccessful applications, voluntary surrender, uncontrollable events, and violations of application conditions.