YEIDA 821 Residential Plot Scheme 2024: Check Flat Price, Size and Application Process

The Yamuna Expressway Industrial Development Authority (YEIDA) is launching a residential plot scheme on October 31, during Diwali, featuring 821 plots near the upcoming Noida International Airport in Jewar. Plot sizes are 120, 162, 200, and, for the first time, 250 square meters. Of these, 344 plots are available in Sector 24A, and 477 in Sector 18’s blocks 9A and 9B. This follows a high demand seen in a previous scheme in September, where over 200,000 applications were submitted for 361 plots in the same area. The scheme aims to provide opportunities for buyers interested in building homes close to the airport, which is expected to open by April 2025. All necessary approvals are in place, including a registration certificate from the Uttar Pradesh Real Estate Regulatory Authority. Applications close on November 30, and the allocation will be decided by a draw on December 27, 2024.

YEIDA 821 Residential Plot Scheme
YEIDA 821 Residential Plot Scheme

About YEIDA 821 Residential Plot Scheme?

The Yamuna Expressway Industrial Development Authority (YEIDA) has finalized the brochure for its new residential plot scheme launching on October 31. YEIDA 821 Residential Plot Scheme offers 821 plots in various sizes such as 120, 162, 200, and, for the first time, 250 square meters. Of these, 344 plots are located in Sector 24A, while Sectors 18’s blocks 9A and 9B have 477 plots. Many buyers are eager to build homes in Yamuna City, near the Noida International Airport and the upcoming international film city. The scheme mainly features smaller plots, with 250 square meters being the largest. Additionally, farmers are given a 17.5% reservation in the allotment process. Following the overwhelming response to a previous scheme in September, YEIDA officials anticipate strong interest in this one as well. Applications are open until November 30, and a draw will be held on December 27 to allocate the plots.

Also Read: Noida Authority Plot Scheme

Short Summary of YEIDA 821 Residential Plot Scheme

Name of the SchemeYEIDA 821 Residential Plot Scheme 2024
Launched ByThe Yamuna Expressway Industrial Development Authority
Launched DateOctober 31, 2024 (Diwali)
Application DeadlineNovember 30, 2024
Draw DateDecember 27, 2024
Total Plots Available821
Plot Sizes120 sqm, 162 sqm, 200 sqm, 250 sqm (first time offering)
Sector LocationsSector 24A (344 plots) and Sector 18 (blocks 9A and 9B with 477 plots)
Special FeaturesHigh demand due to closeness to Noida International Airport and future international film city
Reservation17.5% of plots reserved for farmers
Approval StatusApproved by Uttar Pradesh Real Estate Regulatory Authority
Application MethodOnline application (YEIDA’s official website)
SignificanceOffers a unique opportunity for buyers interested in building homes close to upcoming developments
BeneficiariesCitizens of India
BenefitsCitizens can buy their own house at affordable price
Form of BenefitHousing Facility
Official Websitehttps://www.yamunaexpresswayauthority.com/

Also Read; YEIDA Plot Scheme Diwali

Purpose of Yeida Plot Scheme

Here are the key purposes of the YEIDA Plot Scheme:

  • The purpose is to provide residential plots for people wanting to build homes near the Noida International Airport and the upcoming film city in Yamuna City.
  • The aim is to reserve 17.5% of plots for farmers, offering them an opportunity to benefit from the area’s development.
  • The scheme aims to encourage residential growth around key infrastructure projects, like the airport and film city.
  • The aim of the scheme is to offer mostly smaller plot sizes to make it accessible for more people to build homes.

Also Read: YEIDA Login with Allotment Number

Eligibility Criteria

The eligibility criteria for the YEIDA 821 Residential Plot Scheme include:

  • Applicants must be Indian citizens.
  • Applicants should be at least 18 years old at the time of application.
  • Only one application is allowed per individual.
  • Applicants must have the financial means to pay for the plot and complete construction within the stipulated time.
  • A 17.5% reservation is available for farmers whose land was acquired by YEIDA.
  • Applicants should not already own a residential plot under YEIDA’s schemes to ensure fair access.

Number Of Flats and Its Price

Here’s the number of plots in the YEIDA 821 Residential Plot Scheme:

  • Sector 24A: 344 plots
  • Sector 18 (Blocks 9A and 9B): 477 plots
  • Total Plots: 821 plots

Here’s the price of the plots in the YEIDA 821 Residential Plot Scheme:

  • Price per Square Meter: Rs. 25,900
  • Approximate Price for 120 Square Meter Plot: Rs. 31.08 lakh
  • Approximate Price for 162 Square Meter Plot: Rs. 41.95 lakh
  • Approximate Price for 200 Square Meter Plot: Rs. 51.80 lakh
  • Approximate Price for 250 Square Meter Plot: Rs. 64.75 lakh

Required Documents

To avail the benefit under the scheme, candidates should have these following documents:

  • Aadhar Card
  • PAN Card/ Passport/ Voter ID Card
  • Reservation Category (if any)
  • Residence Certificate
  • Registration Certificate and Memorandum of Association of the Society
  • Passport size Photograph
  • Mobile Number
  • Email ID

Plot Size

Here are the plot sizes available in the YEIDA 821 Residential Plot Scheme:

  • 120 Square Meters
  • 162 Square Meters
  • 200 Square Meters
  • 250 Square Meters

Important Dates

Here are the important dates for the YEIDA 821 Residential Plot Scheme:

  • Launch Date: October 31, 2024 (Diwali Festival)
  • Application Submission Deadline: November 30, 2024
  • Draw of Lots Date: December 27, 2024

Allotment Process

Here is the allotment process for the YEIDA 821 Residential Plot Scheme:

  • Plots will be allotted on a first-come, first-serve basis based on applicant’s choices.
  • Applicants can pick their preferred plot from different options available on the YEIDA website.
  • When the applicant pays the required allotment fee, their selected plot will be temporarily reserved for them.
  • If there are any problems with the application, the temporary reservation will be canceled, and the paid money will be lost. However, if the applicant belongs to a reserved category, they will get a full refund of their deposit.

Payment Process

Here is the payment process for the YEIDA 821 Residential Plot Scheme:

Payment Options:

Option 1: One Time Payment Plan

  • Pay the entire amount within 60 days after receiving the Letter of Intent.
  • Goods and Services Tax may apply to the total.
  • Get a 2% discount off the total amount if you pay all at once.

Option 2: Installment Plan

  • Pay 30% of the total cost within 30 days of getting the Letter of Intent. This includes a 10% Earnest Money Deposit (EMD) and 20% as allotment money.
  • The last 70% is paid in ten equal half-yearly installments, with an interest rate of 10% per year on the reducing amount.
  • If you miss a payment, an extra 3% interest will be added, making it 13% per year on the overdue amount.
  • Generally, no extensions are allowed, but the CEO may grant an extension of up to 1 month, and this can happen a maximum of 3 times during the payment period.
  • Payments will first cover any extra interest and then the main cost of the flat.

YEIDA 821 Residential Plot Scheme Apply Online 2024

To apply for the scheme, please follow the below mentioned steps:

Step 1: Visit the YEIDA website.

Step 2: On homepage click on “Click here to apply” option.

Step 3: If you are a new user then click on “Register” button and fill the registration form to register yourself.

Step 4: Then Login using your login credentials and select the plot of your choice.

Step 5: Now fill the application form and pay the amount as mentioned.

Step 6: Click on “Submit” button to complete the application process.

Contact Details

  • Address: Yamuna Expressway Industrial Development Authority (A Govt. of U.P. Undertaking) First Floor, Commercial Complex, P-2, Sector- Omega I, Greater Noida, Gautam Budh Nagar, Uttar Pradesh PIN: 201308
  • Tel No: +91.120.2395153/7/8, 2395152, 2395157 (Monday to Friday at 9:30 Am to 6:00 Pm)
  • Fax: +91.120.2395150
  • Email ID: queries[at]yamunaexparesswayauthority[dot]com

FAQs

What is YEIDA 821 Residential Plot Scheme 2024?

The YEIDA 821 Residential Plot Scheme 2024 offers 821 plots in various sizes near Noida International Airport, with applications opening on Diwali, October 31.

How can I apply for a flat?

Interested applicants can apply through the YEIDA website, where they can select their preferred flat and complete the application process.

What are the payment options available?

There are two payment options: a one-time payment plan with a discount and an installment plan where you pay a percentage upfront and the remaining amount in installments.

What happens after I apply?

Once your application is submitted, you will receive a Letter of Intent. If you choose the payment plan, follow the payment instructions provided in the letter.

Is there a refund policy?

If your application has issues, the temporary allotment may be canceled, and the deposited money will be lost. However, applicants from reserved categories will receive a full refund.

Are there any GST charges?

Yes, Goods and Services Tax (GST) may apply to the total premium amount.

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