YEIDA Allocates 451 Housing Plots Near Noida International Airport: All You Need to Know
Introduction
The Yamuna Expressway Industrial Development Authority (YEIDA) has once again captured headlines with its transparent and much-anticipated plot allotment scheme near Noida International Airport. On December 27, 2024, YEIDA conducted a manual lucky draw for 451 housing plots, attracting over 111,000 applicants eager to secure prime real estate in the booming Jewar and Greater Noida regions. This initiative is a significant step in boosting residential and industrial development near the Yamuna Expressway, a hub for future infrastructure growth.
Key Highlights of the YEIDA Plot Allotment Scheme
Overwhelming Public Response
- Application Period: The scheme opened on October 10, 2024, and closed on November 30, 2024.
- Massive Interest: A staggering 111,703 applications were submitted for the 451 plots on offer, underscoring the high demand for affordable housing in this high-potential area.
Transparent Allotment Process
YEIDA's commitment to fairness was evident in the meticulous planning of the manual lucky draw:
- Live Streaming: The entire process was live-streamed, ensuring accessibility and transparency for all applicants.
- Manual Draw: Children were invited to manually select applicants' names, further enhancing the credibility of the process.
- Instant Results: The names of winners were immediately published on YEIDA's official website, with plots allocated in key sectors near the Yamuna Expressway.
Plot Details and Categories
The plots, ranging in size from 120 sqm to 260 sqm, were categorized to ensure inclusivity:
| Plot Size (sqm) | Total Plots | Farmer Category (17.5%) | General Category (82.5%) | Registration Amount (SC/ST) | Registration Amount (Others) |
|---|---|---|---|---|---|
| 120 | 100 | 17 | 83 | ₹155,400 | ₹310,800 |
| 162 | 169 | 30 | 139 | ₹209,790 | ₹419,580 |
| 200 | 172 | 30 | 142 | ₹259,000 | ₹518,000 |
| 250 | 6 | 1 | 5 | ₹323,750 | ₹647,500 |
| 260 | 4 | 1 | 3 | ₹336,700 | ₹673,400 |
Payment Deadlines and Construction Mandates
Payment Terms
Winners must adhere to the following deadlines to secure their plots:
- Full Payment Deadline: Payment must be completed within 60 days of allotment.
- Grace Period: A 30-day grace period is available, subject to an interest charge of 13% per annum.
Construction Requirements
YEIDA mandates that construction on the allocated plots be completed within three years. This regulation ensures timely development and prevents speculative holding of land.
Steps to Check Allotment Status
Applicants can verify their allotment status through a simple online process:
- Visit the Official YEIDA Website.
- Navigate to the section titled "RPS08.2024 Final Draw Result".
- Enter your Application Number or Form Number to view details of your allocation.
Significance for Real Estate Development
The YEIDA plot allotment near Noida International Airport signals a new wave of real estate and infrastructure development:
- Proximity to Noida Airport: The allocated plots are strategically located near the upcoming Noida International Airport, which is set to transform the region into a global economic hub.
- Increased Connectivity: With the Yamuna Expressway providing seamless connectivity to Delhi-NCR and beyond, this region offers excellent prospects for investors and end-users alike.
- Growth Potential: The scheme aligns with YEIDA’s vision of fostering planned urbanization and creating opportunities for businesses and residents in the area.
Conclusion
YEIDA’s transparent and well-executed plot allotment scheme has set a benchmark for real estate initiatives in the region. By combining fair practices with strategic planning, this initiative is poised to drive economic growth and establish the Yamuna Expressway corridor as a sought-after destination for residential and industrial investment.
If you’re among the lucky winners or considering future opportunities, this is your chance to be part of the transformative growth around Noida International Airport.
