The Yamuna Expressway Industrial Development Authority (YEIDA) has launched the highly anticipated Residential Plot Scheme (RPS) 08A/2024, offering a total of 821 residential plots in Sector-24A, Greater Noida, near the Yamuna Expressway. Here are the key highlights of the scheme:
- Total Number of Plots: 821 residential plots.
- Location: Sector-24A, Greater Noida, near the Yamuna Expressway.
- Plot Sizes Available: 120 sqm, 162 sqm, 200 sqm, and 250 sqm.
- Pricing: Rs 25,900 per square meter.
Eligibility Criteria
To qualify for participation in the RPS 08A/2024, applicants must be:
- Indian citizens or Non-Resident Indians (NRIs).
- 18 years or older.
- Not owning any residential properties under YEIDA to promote fair access.
Application Process and Important Dates for YEIDA Plot scheme RPS 8A
The application process for the scheme began on October 31, 2024, and closed on November 30, 2024. The draw date is scheduled for December 27, 2024, where successful applicants will be determined through a fair draw of lots. Here’s how to apply:
- Visit the official website of the Yamuna Authority.
- Download or complete the application form online.
- Pay the associated application fee (details available on the website).
- Submit the form within the specified timeframe.
Plot Sizes, Joint Applications, and Additional Assistance
Applicants can choose from four distinct plot sizes:
- 120 sqm
- 162 sqm
- 200 sqm
- 250 sqm
Joint applications are allowed, with each applicant counted as an individual, thereby increasing the chances of securing a plot. Applicants can also enlist the services of a broker or agent to facilitate the application process.
Additional Charges
- Park-facing or Greenbelt plots: 5% of the premium.
- Corner plots: 5% of the premium.
- Plots near roads wider than 18 meters: 5% of the premium.
- Maximum Total Location Charge: 15% of the premium.
Payment Details
- Full Payment Deadline: Must be completed within 60 days of receiving the allotment letter.
- Payments can be made online through the YEIDA website.
- Additional charges such as GST will apply as per government regulations.
Allotment Process and Refund Policy
- Allotment: The draw of lots will determine the successful applicants, with separate draws for each category.
- Refund for Unsuccessful Applicants:
- The registration amount will be refunded without interest if the refund is processed within a year.
- Beyond one year, the refund will accrue interest at SBI’s savings account rate.
Lease Terms and Documentation
- Lease Period: Plots will be leased for 90 years from the date of the lease deed.
- Lease Rent: A one-time lease rent, equivalent to 10% of the total plot cost, must be paid before executing the lease deed.
- Documentation Costs: The allottee will bear all associated costs, including stamp duty and other charges. Documentation fees are non-refundable.
Strategic Importance
The RPS 08A/2024 scheme plays a crucial role in the development of the Yamuna Expressway region, which is rapidly growing due to its strategic location near the upcoming Noida International Airport (Jewar). The scheme aims to meet the increasing demand for housing while boosting the local economy through investment and infrastructure development.
Conclusion
The YEIDA Residential Plot Scheme (RPS) 08A/2024 offers a prime opportunity for eligible applicants to invest in residential properties along the Yamuna Expressway, contributing to the growth and development of this key area. Interested parties should ensure they submit their applications by November 30, 2024, to participate in the draw scheduled for December 27, 2024.
The eagerly awaited draw for plot allotment under the YEIDA Residential Plots Scheme RPS 08A/2024 is scheduled to take place on December 27, 2024. For more information, here are several external links related to the YEIDA Residential Plots Scheme RPS 08A 2024:
- Online Services / OTS System: Apply for the YEIDA Plot Scheme RPS-08 2024
- Nivesh Mitra: Apply for YEIDA schemes
- OTS Policy: Information about the YEIDA’s One-Time Settlement (OTS) Scheme
- YEIDA’s Official Website: The main site for all YEIDA schemes and updates
- Group Housing Scheme: Details on YEIDA’s residential group housing scheme