YEIDA Plot Scheme: The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled its much-anticipated Diwali 2024 Residential Plot Scheme, offering a golden opportunity for homebuyers and investors. With 821 premium residential plots located in the burgeoning region near the Noida International Airport (Jewar) and along the Yamuna Expressway, this scheme promises excellent returns and a chance to own prime real estate in Greater Noida.
As the deadline for applications closes on November 30, 2024, here’s everything you need to know about this scheme, including its features, eligibility, and application process.
Key Highlights of YEIDA Plot Scheme 2024
Number of Plots: 821 residential plots.
Location: Sector 24A, Greater Noida, near the Yamuna Expressway.
Plot Sizes: 120 sqm, 162 sqm, 200 sqm, and 250 sqm.
Price: ₹25,900 per square meter.
Strategic Advantage: Proximity to Jewar Airport, metro connectivity, and a rapidly developing region.
Important Dates to Remember
Application Period: October 31, 2024 – November 30, 2024.
Last Date to Apply: November 30, 2024 (Today).
Draw Date: December 27, 2024, to decide the allotment.
Pricing and Payment Details
Plot Pricing:
Base rate: ₹25,900 per square meter.
Additional Location Charges:
Park-facing/Greenbelt plots: 5% of the premium.
Corner plots: 5% of the premium.
Plots near roads wider than 18 meters: 5% of the premium.
Maximum location charge: 15% of the premium.
Payment Terms:
Full payment to be completed within 60 days of receiving the allotment letter.
Payments can be made online via the official YEIDA portal.
GST charges apply as per government regulations.
Allotment and Refund Policy
Allotment:
Conducted through a computerized draw for fairness.
Separate draws for different categories, ensuring equal opportunities for all applicants.
Refund Policy:
Unsuccessful applicants will receive a full refund of the registration amount.
Refunds processed within a year will not accrue interest. If delayed, refunds will earn interest at the SBI savings account rate.
Lease Terms and Documentation
Lease Period:
Plots are allotted on a 90-year lease from the date of the lease deed.
A one-time lease rent of 10% of the total plot cost is payable before executing the lease deed.
Documentation Costs:
All costs for documentation, stamp duty, and other formalities are borne by the allottee.
These charges are non-refundable.
Why Choose YEIDA Plots?
Strategic Location:
Close to Jewar Airport, one of India’s largest infrastructure projects.
Located along the Yamuna Expressway, providing seamless connectivity to Delhi, Agra, and Mathura.Transparency:
A fair and transparent allotment process through a computerized draw ensures equal opportunity.
Flexibility:
Availability of multiple plot sizes caters to diverse needs, making it suitable for individuals, families, and investors.
Future Growth:
With Jewar Airport and metro development underway, the region promises high growth and excellent ROI.
How to Apply for YEIDA Plot Scheme 2024
Visit the Official Website:
Go to YEIDA’s official website.
Register Online:
Sign up with valid personal details and contact information.
Fill the Application Form:
Enter required details like plot size preference and upload necessary documents (ID proof, address proof, etc.).
Pay Registration Fee:
Use the online payment gateway to submit the registration amount.
Submit:
Complete the process before midnight on November 30, 2024, and save the acknowledgment slip for future reference.
Key Takeaways
The YEIDA Plot Scheme 2024 is a once-in-a-lifetime opportunity for buyers seeking prime real estate in Greater Noida.
With competitive pricing and strategic location, it serves as an ideal investment for residential or speculative purposes.
Interested buyers must act quickly as today marks the final day for applications.
FAQs about YEIDA Scheme 2024
1. Who can apply for the YEIDA Scheme?
Individuals above 18 years of age are eligible, provided they do not own any YEIDA-allotted residential property.
2. How are plots allotted?
Plots are allotted through a computerized draw of lots, ensuring transparency.
3. What happens if I am not allotted a plot?
The registration fee is fully refundable if you are not selected in the draw.
4. Can NRIs apply for the scheme?
Yes, NRIs are eligible to apply, subject to specific guidelines.
5. Is there a loan facility for purchasing a plot?
YEIDA schemes are typically eligible for home loans from major banks, subject to their terms and conditions.
6. What documents are required for application?
Proof of identity (Aadhaar, Passport, PAN Card).
Address proof (Utility bill, Ration Card).
Income proof (Salary slips, IT returns).
7. When is the draw date for YEIDA Scheme 2024?
The draw will take place on December 27, 2024.
8. Can I visit the plot location before applying?
Yes, interested applicants can visit the site for inspection before submitting their application.
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For more details and to apply, visit the official YEIDA portal or contact their helpdesk. Don’t miss out on securing your dream plot in one of India’s most promising real estate developments.
