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YEIDA Plot Scheme 2024: The draw of lots will determine the successful applicants, with separate draws conducted for each category
YEIDA Residential Plots Scheme RPS 08 2024
YEIDA Plot Scheme Draw Date 2024: The Yamuna Expressway Industrial Development Authority (YEIDA) in Greater Noida launched its much-anticipated Diwali 2024 Residential Plot Scheme, offering 821 premium residential plots near the Yamuna Expressway. Strategically located close to the upcoming Noida International Airport (Jewar), these plots present an exceptional investment opportunity for homebuyers and investors alike.
YEIDA Plot Scheme 2024 Latest News
The application deadline for this sought-after scheme closed on November 30, 2024, marking the end of the registration phase. Now investors are looking forward to knowing the draw date as the process will decide who gets the plot.
Key Highlights of YEIDA Plot Scheme 2024
- Total Number of Plots: 821 residential plots
- Location: Sector-24A, Greater Noida, near the Yamuna Expressway
- Plot Sizes Available: 120 sqm, 162 sqm, 200 sqm, and 250 sqm
- Pricing: Rs 25,900 per square meter
Plot Pricing and Additional Charges
Base Rate: Rs 25,900 per square meter
Additional Location Charges:
Park-facing or Greenbelt plots: 5% of the premium
Corner plots: 5% of the premium
Plots near roads wider than 18 meters: 5% of the premium
Maximum Total Location Charge: 15% of the premium
Payment Details
Full Payment Deadline: Must be completed within 60 days of receiving the allotment letter.
Payments can be made online through the YEIDA website.
GST: Additional charges will apply as per government regulations.
Allotment Process and Refund Policy
Allotment: The draw of lots will determine the successful applicants, with separate draws conducted for each category.
Refund for Unsuccessful Applicants:
-The registration amount will be refunded.
-No interest will be paid if the refund is processed within a year.
-Beyond one year, the refund will accrue interest at SBI’s savings account rate.
Lease Terms and Documentation
Lease Period:
Plots will be leased for 90 years from the date of the lease deed.
A one-time lease rent, equivalent to 10% of the total plot cost, must be paid before executing the lease deed.
Documentation Costs:
The allottee will bear all associated costs, including stamp duty and other charges. Documentation fees are non-refundable.
YEIDA Residential Plots Scheme RPS 08 2024 Draw Date
YEIDA Plot Scheme 2024 Draw Date
The eagerly awaited draw for plot allotment is scheduled for December 27, 2024. Applicants will be selected through a transparent draw system, ensuring fairness across all categories.
Why People Invest In YEIDA Plots?
Strategic Location: The proximity to the Yamuna Expressway and Noida International Airport makes these plots highly lucrative for both personal and investment purposes.
Transparent Process: A fair draw system ensures an equitable allotment process.
Versatile Options: Multiple plot sizes cater to diverse needs, offering flexibility for buyers.
Mark your calendar for the December 27, 2024, draw date to find out if you’ve secured your dream plot in Greater Noida’s premier real estate development.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Readers are advised to check with certified experts before making any investment decisions.
