The Yamuna Expressway Industrial Development Authority (YEIDA) has launched the YEIDA Plot Scheme 2024, offering 821 residential plots near the upcoming Noida International Airport. This scheme, known as RPS08A/2024, aims to meet the growing demand for housing in the rapidly developing region along the Yamuna Expressway.
Key Details
Application Period: October 31, 2024 to November 30, 2024
Draw Date: December 27, 2024
Plot Locations: Sectors 18 and 24A
Plot Sizes:
- 120 square meters
- 162 square meters
- 200 square meters
- 250 square meters (newly introduced)
Base Price: ₹25,900 per square meter
Scheme Highlights
- Strategic location near Noida International Airport (Jewar Airport)
- Transparent allotment process through a computerized draw
- Online application and payment system
- Preference for farmers (17.5% reservation)
- Various payment options available
Eligibility Criteria
- Indian citizens or Non-Resident Indians
- Minimum age of 18 years
- Proof of financial capability to pay for the plot and construction
- Applicants should not already own a residential plot under previous YEIDA schemes
Application Process
- Visit the official YEIDA website (www.yamunaexpresswayauthority.com)
- Fill out the online application form
- Upload required documents
- Pay the registration amount online
- Submit the application before the deadline
Payment Options
- One-time payment (highest preference in draw)
- 50% upfront, 50% in installments (second preference)
- 30% upfront, 70% in installments (third preference)
Preference Location Charges (PLC)
- Park Facing/Green Belt: 5% of premium
- Corner Location: 5% of premium
- Road width (18m or more): 5% of premium
- Maximum PLC: 15% of premium
Draw Process
- The draw will be conducted on December 27, 2024
- It will be held at a public venue and live-streamed for transparency
- Results will be published on the official YEIDA website
Future Development
The YEIDA Plot Scheme 2024 is part of a larger development plan for the region, which includes:
- Proximity to the upcoming Noida International Airport
- Proposed Film City project
- Planned logistics hub and freight corridor
- Proposed international electronics city and global financial hub
This scheme presents a significant opportunity for homebuyers and investors to secure land in a rapidly developing area with strong potential for future growth and appreciation.