YEIDA launched 821 Residential plots on Yamuna Expressway near Noida International Airport on Diwali 2024. They opened a new scheme to buy residential plots in Sector 24A. The plots are near important locations like the Noida International Airport and the International Film City.
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YEIDA 821 Residential Plot Scheme
The brochure is ready to download from the official YEIDA website. Plots are available to apply in two segments- the first segment will have plots in Sector 24A and the second segment will have plots in Sector 18.
YEIDA 821 Residential Plot Scheme Key Details
Here are the key details of the residential plot launched by YEIDA.
| Details | Information |
|---|---|
| Location | Sector 24A, Yamuna Expressway |
| Opening Date | October 31, 2024 |
| Closing Date | November 30, 2024 |
| Allotment | By draw |
| Draw Date | December 27, 2024 |
| Plot Sizes (sq. m.) | 120, 162, 200, 250, 260 |
| Registration Amount | Varies by plot size and applicant category |
| Lease Duration | 90 years |
| Application Mode | Online at YEIDA’s website |
Plot Sizes and Locations
YEIDA offers plots in five sizes. Some plots have additional charges due to location, park-facing or corner plots. Here are all the available plot sizes based on different categories of people.
| Plot Size (sq. m.) | Total Plots | Reserved for Farmers (17.5%) | General Category (82.5%) |
|---|---|---|---|
| 120 | 100 | 17 | 83 |
| 162 | 169 | 30 | 139 |
| 200 | 172 | 30 | 142 |
| 250 | 6 | 1 | 5 |
| 260 | 4 | 1 | 3 |
| Total | 451 | 79 | 372 |
Registration Amount
| Plot Size (sq. m.) | General Category (₹) | SC/ST Category (₹) |
|---|---|---|
| 120 | 3,10,800 | 1,55,400 |
| 162 | 4,19,580 | 2,09,790 |
| 200 | 5,18,000 | 2,59,000 |
| 250 | 6,47,500 | 3,23,750 |
| 260 | 6,73,400 | 3,36,700 |
Preferred Location Charges (PLC)
Preferred Location Charges (PLC) will apply for special features like park-facing views, corner plots, or plots on roads with 18 meters of width. Maximum charges are 15% of the total plot premium.
| Preferred Feature | PLC Rate (Percentage of Plot Premium) |
|---|---|
| Park-Facing / Green Belt View | 5% |
| Corner Plot | 5% |
| Road Width of 18 meters or more | 5% |
| Maximum PLC | 15% |
Eligibility to Apply
Various eligibility criteria are there. General has different eligibility methods while reserved categories have different ones.
General Eligibility
- Indian citizens or NRIs over 18 years.
- One plot per applicant/family (spouse and minor children).
- No previous residential allotments from YEIDA.
Reserved Categories
- Farmers
They are reserved if their land is acquired for the YEIDA projects. - Persons with Disabilities
4% of plots reserved; 1% for visually impaired. - Industrial Units
Functional industrial units in YEIDA’s area.
Required Documents
- Proof of age and nationality (e.g., Aadhaar, passport).
- Bank details (account number, bank name, IFSC code, cancelled cheque).
- For reserved categories: relevant certificates (SC/ST, disability, farmer).
- For industrial units: operational certificates and dues clearance.
How to Apply Online
- Visit YEIDA’s Website: www.yamunaexpresswayauthority.com.
- Register: Create an account using email and phone.
- Download Brochure: Read the brochure for full details.
- Fill Application Form: Enter all the details carefully.
- Upload Documents: Upload scanned copies of required documents.
- Pay Registration Amount: Complete online payment as per your plot size and category.
- Submit: Check everything and submit. You’ll get a confirmation receipt.
Payment Process
| Option | Details |
|---|---|
| Full Payment | 100% of plot price within 60 days from allotment. |
| Installments | Allowed with 13% annual interest for extended payments. |
| Refunds | Unsuccessful applicants will get a refund. |
Allotment Process
| Process | Details |
|---|---|
| Allotment Type | Draw-based, held on December 27, 2024. |
| Successful Applicants | Allotment letter sent within 30 days. |
| Possession | Plot possession after 5 years once development is completed. |
| Construction Time | 3 years to complete construction from the lease execution date. Extensions are allowed with extra charges. |
Period of Construction
Once you receive possession of the plot, you need to start construction on it. If you delay in starting the construction, the authority will apply late fees.
- Construction Time Limit: 3 years from the lease deed date.
- Extensions:
- First-Year Extension: 4% of total plot premium.
- Second-Year Extension: 5% of total plot premium.
- Third-Year Extension: 6% of total plot premium.
- Beyond 3 Years: 4% of sector rate per sq. meter at the time of extension.
If construction isn’t completed within the time given by the YEIDA then they may apply additional penalties or take further action as per the scheme rules.
Lease Terms
- 90-Year Lease: Plots are leased for 90 years. Renewal depends on fulfilling YEIDA’s conditions.
- Lease Rent: 10% of plot price as one-time rent before signing the lease.
Surrender, Withdrawal, and Cancellation Policies
| Situation | Policy |
|---|---|
| Surrender Before Draw | Full refund of registration amount. |
| Surrender After Allotment | Partial deduction on registration amount depending on plot status and amount paid. |
| Cancellation by YEIDA | Refund of the remaining amount after deductions for violations or delays. |
| Refund on Cancellation | Full refund of the registration amount. |
Important Rules for Plot Use
- Plots are for residential use only. You can not use it for any commercial purpose.
- Any commercial use like a shop or office is not allowed.
Final Thoughts
It is a better opportunity given by YEIDA to once again buy the plots near Noida International Airport. Plots are located at prime locations and are available at affordable prices.
Frequently Asked Questions
What is YEIDA 821 Residential Plot Scheme 2024
The YEIDA 821 residential plot scheme 2024 is the plots offered by Yamuna Authority near Yamuna Expressway. There are major developments happening near it which are Noida International Airport and Film City.
How many plots are there in YEIDA 821 Residential Plot Scheme 2024?
A total of 821 plots are there where 451 plots are in Sector 24A and the rest of the plots are in Sector 18 Block 9A and Block 9B.
What is the last date of YEIDA Plot Scheme 2024?
The last date to apply for the YEIDA 821 Residential Plot Scheme is 30th November 2024. There are currently 451 plots available to apply under the scheme.