Introduction
Yamuna Expressway is a coveted real estate destination in the National Capital Region (NCR). To increase applicant participation, the Yamuna Expressway Industrial Development Authority (YEIDA) has extended the last application dates for its plot schemes. The expressway route offers ample investment options in both commercial and residential segments. It connects Delhi with Agra in Uttar Pradesh.
Table of Contents
- Opportunities to Invest in YEIDA Plots
- YEIDA Group Housing Scheme was Extended
- Yamuna Expressway Authority (YEIDA) New Group Housing Plot Scheme 2024
- YEIDA Group Housing Plot Scheme Details
- Important Dates of YEIDA Plot Scheme
- How to Apply for the YEIDA Plot Scheme
- YEIDA New Commercial Shop Scheme
- Details of the Commercial Shop Scheme
Yamuna Expressway Industrial Development Authority (YEIDA), popularly known as the Yamuna Expressway Authority, is developing areas adjacent to the expressway. Considering the expressway’s strategic importance, the authority periodically announces several residential, commercial, industrial, and institutional plot schemes.
Opportunities to Invest in YEIDA Plots
Yamuna Expressway Industrial Development Authority (YEIDA), known as Yamuna Expressway Authority, is developing the areas adjacent to the expressway. Considering the strategic importance of the expressway, the authority periodically announces several residential, commercial, industrial, and institutional plot schemes. These schemes will see economic growth and infrastructure development in the region.
The authority will also focus on providing world-class facilities and amenities to attract investors and residents to these upcoming areas. By offering competitive rates and flexible payment plans, YEIDA aims to make investing in these plots accessible to many people. This proactive approach has led to significant regional interest and investment, which will lead to rapid development and growth along the Yamuna Expressway.
YEIDA Group Housing Scheme was Extended
On February 19, 2024, YEIDA announced a new Group Housing Plot Scheme for the allotment of six plots in Sector 22D, YEIDA City, through e-auction. On April 10, 2024, the last date of registration for the YEIDA Group Housing Scheme was extended to May 20, 2024. This was postponed due to the limited number of applications received for the scheme.
The decision to extend the registration deadline was made to allow more interested parties to participate in the e-auction process. YEIDA officials hope the extended deadline will attract a larger pool of potential buyers for the plots in Sector 22D. This extension aims to ensure a competitive bidding process and maximize the potential benefits for both the authority and interested buyers.
Interested parties are encouraged to take advantage of this opportunity and register before the new May 20, 2024, deadline. On January 1, 2024, YEIDA announces two new plot scheme offering data centers and mixed-use land along the Yamuna Expressway.
Yamuna Expressway Authority (YEIDA) New Group Housing Plot Scheme 2024
Yamuna Expressway Industrial Development Authority has announced the New Group Housing Plot Scheme (YEA-GH-07/2024) at Sector 22D, YEIDA City, for e-auction on February 19, 2024. Under this scheme, there are six plots ranging from 20,000 square meters to 40,000 square meters. The allotment process will be done through e-auction. It will happen on June 10, 2024.
On March 12, 2024, YEIDA announced a new plot scheme offering five institutional plots in Sector 22E, YEIDA City. On the same day, the authority approved a hike in allotment land rates along the Yamuna Expressway.
YEIDA Group Housing Plot Scheme Details
Details of plots opened for allotment under new group housing plot scheme by Yamuna Expressway Industrial Development Authority (YEIDA) are as follows:
| Plots Number | Sector | Area | Rate of allotment | EMD/Registration amount | Total amount |
|---|---|---|---|---|---|
| GH-01A/1 | 22D | 40,000 sq m | 30750 sq m | Rs 13.53 crores | Rs 123 crores |
| GH-01A/2 | 22D | 20,000 sq m | 30750 sq m | Rs 6.765 crores | Rs 61.5 crores |
| GH-01B/1 | 22D | 20,000 sq m | 30750 sq m | Rs 6.15 crores | Rs 61.5 crores |
| GH-01B/2 | 22D | 20,000 sq m | 30750 sq m | Rs 6.15 crores | Rs 61.5 crores |
| GH-01C/1 | 22D | 20,000 sq m | 30750 sq m | Rs 6.15 crores | Rs 61.5 crores |
| GH-01C/2 | 22D | 20,000 sq m | 30750 sq m | Rs 6.15 crores | Rs 61.5 crores |
Important Dates of YEIDA Plot Scheme
Due to limited applications from the participants of the scheme, officials said the registration date for the new group housing scheme in YEIDA Sector 22D, YEIDA City, has been extended. Following are the dates of important events in the new YEIDA Group Housing Plot Scheme:
| Important Event | Dates |
|---|---|
| Registration starting date | 19-Feb-24 |
| Last date for registration | 20-May-24 |
| Last date to submit the brochure | 20-May-24 |
| Last date to pay processing fees | 20-May-24 |
| Last date to pay EMD | 20-May-24 |
| Date for final bid submission | 21-May-24 |
| Announcement of qualified bidders | 4-Jun-24 |
| Date of e-auction | 10-Jun-24 |
How to Apply for the YEIDA Plot Scheme
Interested candidates need to register on the official YEIDA portal to obtain a user ID and password. pay the applicable fees. After that, they can download the scheme brochure. After downloading the brochure, they can fill out the form and upload it on the portal with the payment challan for registration money, EMD, and other applicable charges, as mentioned in the brochure. This is a good opportunity to invest in a fast-growing area with growth potential.
YEIDA New Commercial Shop Scheme
On February 14, 2024, YEIDA introduced the allotment of commercial shops in YEIDA city under scheme CSO-06/2024. The scheme consists of 11 commercial shops in Sector 22D, YEIDA City. It spans from 30.44 square meters to 116.33 square meters. The shops are strategically located in an area. Making them ideal for businesses looking to attract customers.
Interested parties can submit their applications online through the official YEIDA website until March 15, 2024. The shops are being offered competitively, with flexible payment plans for various budgets. This scheme presents a great opportunity for entrepreneurs and investors to establish their presence in the growing commercial hub of YEIDA City. Some important dates for events as part of the scheme are:
| Important Event | Dates |
|---|---|
| Scheme starting date | 14-Feb-24 |
| Registration starting date | 14-Feb-24 |
| Last date for registration | 8-Mar-24 |
| E-auction | 7-Jun-24 |
Details of the Commercial Shop Scheme
Under the YEIDA Commercial Shop Scheme, around 11 shops are open for allotment. Interested buyers can contact the YEIDA office for more information on the available shops and the allotment process. These range between 30.44 sq m and 116.33 sq m. Shop details like floor, sector, shop number, super area, total premium, and EMD are as follows:
The shops are located in prime locations within the city, making them ideal for businesses looking to establish a presence in the area. They are also equipped with modern amenities and facilities to cater to the needs of various businesses.
| Shop number | Floor | Super area | EMD | Total premium at price |
|---|---|---|---|---|
| SR-101 | Ground | 116.33 sq m | Rs 40,45,000 | Rs 4,04,54,442 |
| S-111 | Ground | 31.22 sq m | Rs 10,86,000 | Rs 1,08,56,939 |
| S-113 | Ground | 31.22 sq m | Rs 10,86,000 | Rs 1,08,56,939 |
| SR-201 | First | 116.33 sq m | Rs 19,19,000 | Rs 1,91,91,240 |
| SR-202 | First | 105.4 sq m | Rs 17,39,000 | Rs 1,73,88,092 |
| S-204 | First | 31.22 sq m | Rs 5,15,000 | Rs 51,50,439 |
| S-206 | First | 31.22 sq m | Rs 5,15,000 | Rs 51,50,439 |
| S-209 | First | 30.44 sq m | Rs 5,02,000 | Rs 50,21,760 |
| S-211 | First | 31.22 sq m | Rs 5,15,000 | Rs 51,50,439 |
| S-215 | First | 31.22 sq m | Rs 5,15,000 | Rs 51,50,439 |
| S-221 | First | 31.22 sq m | Rs 5,15,000 | Rs 51,50,439 |
Conclusion
Yamuna Expressway Authority (YEIDA) Plot Scheme 2024 invites investors and home buyers. Offers an excellent opportunity to purchase land in a rapidly developing area. It is poised with its strategic location, modern infrastructure and promising future growth opportunities.
Investing in YEIDA plots is profitable for long-term returns. The scheme offers different plot sizes to meet different budget requirements. It is accessible to many people. YEIDA’s transparent and efficient process instills confidence in potential buyers regarding the legality and security of their investment. For more information, visit openplot.
| Also read: A Mixed-Land-Use Scheme of the Yamuna Expressway The plots are located in YEIDA Sector 24 along the 165 km Yamuna Expressway connecting Greater Noida and Agra. They are close to the Eastern Peripheral Expressway. Proposed Film City and Noida International Airport at Jewar. |
Frequently Asked Questions
Q. What is the YEIDA Plot Scheme?
A. Yamuna Expressway Industrial Development Authority (YEIDA) has launched its latest YEIDA Plot Scheme 2024. The focus is on the sale of 1,184 residential plots in three sectors along the expressway.
Q. Can we sell the YEIDA plot?
A. Yes, any seller can sell his property. They will not be given possession (for unregistered plots). It does not matter whether the lease is completed or not. The seller must execute a registered deed of sale (with 2% stamp papers) and transfer. It is a very simple process.