Discover the ultimate opportunity to own your dream residential plot in the coveted Yamuna Expressway Area through the YEIDA Residential Plot Scheme 2023. This comprehensive guide brings you all the essential details, from plot sizes and special features to eligibility criteria and financing options. With its strategic location, modern amenities, and innovative offerings, this scheme promises a lifestyle of luxury and convenience. Don’t miss out on this chance to secure your place in one of the most promising residential developments.
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Everything You Need to Know about YEIDA Residential Plot Scheme 2023
Location and RERA Details
- RERA No.: UPRERAPRJ563740
- Location: Sectors 15, 17, and 20 of the Yamuna Expressway Area
Features that make it special
- Proximity to Noida International Airport, Jewar: Ideal for frequent flyers and aviation enthusiasts.
- Near International Film City: A hub for creativity and entertainment.
- Dedicated Parks: MSME, Medical Apparel, Handicrafts, and Toy Park to foster innovation and craftsmanship.
- Electronic Manufacturing Cluster (EMC): A haven for tech enthusiasts.
- Adjacent to Yamuna Expressway: Ensuring smooth connectivity.
- Pod Taxi Service: Futuristic transportation at your doorstep.
- F1/Moto GP Track Race: For speed lovers
- Devices Park: A unique addition to the modern lifestyle.
Details of New Vacant Plot (Sector- 16)
| Sl. No. | Size of plots (in sq. m.) | Block | Total Plots |
| 1 | 120 | D | 118 |
| 2 | 162 | E | 98 |
| 3 | 200 | F | 58 |
| 4 | 200 | G | 326 |
| 5 | 300 | G | 208 |
| TOTAL | 808 |
Details of New Vacant Plot (Sector- 17& 20)
| Sl. No. | Size of plots (in sq. mt.) | Total Plots |
| 1 | 120 | 76 |
| 2 | 162 | 162 |
| 3 | 200 | 82 |
| 4 | 500 | 24 |
| 5 | 1000 | 13 |
| 6 | 2000 | 19 |
| Total | 376 |
Important YEIDA Residential Plot Scheme Dates to Remember
- YEIDA Residential Plot Scheme Open Date: 08.08.2023
- YEIDA Residential Plot Scheme Closing Date: 01.09.2023
- YEIDA Residential Plot Scheme Date of Draw: 18.10.2023
Details of the YEIDA Residential Plot Scheme and Location
Applications are now open for the allotment of residual residential plots in Sectors 16, 17, and 20, developed under the possession of the Yamuna Expressway Industrial Development Authority. Here’s what you need to know:
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Reservation Details
- SC/ST Applicants: 21% and 2% reservation from the plots reserved for Institutional units and farmers whose land has been acquired.
- Persons with Disabilities: 4% horizontal reservation in both reserved and general categories, as per THE PERSONS WITH DISABILITIES ACT, 1995 & 2016.
- Handicapped Applicants: 4% reservation, with 1% specifically for visually impaired applicants.
- Certificate Requirement: Handicapped/SC/ST applicants must provide an attested certificate from a Competent Authority.
- Transfer to General Category: Any remaining plots after allocation to reserved categories will be transferred to the General Category.
- Leftover Plots: If there are fewer applicants in a reserved category, leftover plots will be included in the draw for the general category.
Premium on Plot
The rate for a residential plot under this scheme is ₹24,600.00 per sq. meter. Please note that this rate may be revised, and allottees will be responsible for any proportionate increased cost due to changes in acquisition cost, compensation, ex-gratia, etc.
Eligibility to Apply for Yeida Residential Plot Scheme in Yamuna Expressway Area
Eligibility for General Category
- Age Requirement: The applicant/Co-applicant must be at least 18 years old on the date of issue of the scheme.
- Nationality: All Indians and Non-Resident Indians, unless specifically prohibited by the Government of India or the U.P. Government, are eligible.
- One Plot Rule: Eligible persons can only apply for one plot under this scheme. If you have already been allotted a residential plot/flat, you are not eligible for this scheme.
- Family Applications: You can apply in joint names (Co-Applicant) only with immediate family members (mother/father/brother/sister/son/daughter/spouse) with proof of family relation.
- Spousal Participation: Both spouses can participate, but if both are allotted plots, one must be surrendered within one month of allotment. Failure to do so will result in cancellation and forfeiture of registration fees.
Eligibility for Prescribed Reserved Category Applicants
- Age Requirement: The applicant/Co-applicant must be at least 18 years old on the date of issue of the scheme.
- Specific Eligibility: Only those applicants or establishments whose land has been acquired by Yamuna Expressway Industrial Development Authority or in Jewar Airport, and have not been allotted any residential plot/flat in earlier schemes, are eligible.
Eligible Bonafide Institution
- Allotment and Possession: The institution must have been allotted the plot/premises on or before 30-06-2023 and declared functional by YEIDA.
- Clearance of Dues: All payable dues must be cleared by the closing date of the scheme.
- Recorded Names: Names of Directors/Trustees/Executive Members must be on record with YEIDA.
- Restrictions: Charitable/Religious institutions are not eligible. Only one application per institution is allowed.
- Transfer Restrictions: Successful applicants cannot transfer the allotted plot for five years from the date of allotment.
Eligible Farmers whose Land has been Acquired
- Land Acquisition: Only those farmers whose land has been acquired by YEIDA or in Jewar Airport before the closing date are eligible.
- Compensation Received: The applicant farmer must have received compensation for the acquired land.
- No Encroachments: No encroachments should have been done by the applicant on any acquired land.
- Joint-Khatedar: All joint-khatedar can apply, and a draw will be made to select one successful applicant.
- Transfer Restrictions: Successful applicants cannot transfer the allotted plot for five years from the date of allotment.
- Legal Affidavits: Various legal declarations and affidavits are required as part of the application process.
YEIDA Residential Plots Scheme 2023: Your Guide to Applying Online and Downloading the Brochure
The Yamuna Expressway Industrial Development Authority (YEIDA) has launched its Residential Plots Scheme for 2023, and here’s how you can get started.
Read: How To Pick Your Flat Amenities in 2024
How to Apply Online?
The application process for the YEIDA Residential Plots Scheme 2023 is entirely online. You can find the application form and brochure on the official website of the Yamuna Expressway Industrial Development Authority. Here’s what you need to know:
- Visit the Official Website: Head over to www.yamunaexpresswayauthority.com.
- Get the Brochure: The brochure containing the application is available for download at a nominal fee of Rs 500/- + 18% GST.
- Apply Online: Follow the instructions on the website to complete your application through the online method.
- Download the Brochure PDF
If you’re keen on exploring this opportunity further, you can download the detailed brochure in PDF format. Here’s how:
- Navigate to the Right Section: On the official website of the Yamuna Authority, look for the ‘Property’ section, and then click on the ‘New Scheme’ section.
- Find the Scheme: Look for the ‘New Residential Plot Scheme’ and click on it.
- Download the Brochure: You’ll find the option to download the brochure in PDF format. This document will provide you with all the details you need about the scheme, including eligibility criteria, plot sizes, and more.
Payment Made Easy: A Guide to Paying for Your Plot at Yamuna Expressway Area
Here’s everything you need to know about the payment methods and options available to make the process smooth and hassle-free.
YEIDA Residential Plot Scheme Payment Method
All payments can be made online through the Yamuna Authority’s website at www.yamunaexpresswayauthority.com or the Online Property accounts system using net banking. It’s secure, convenient, and environmentally friendly.
YEIDA Residential Plot Scheme Payment Options
Choose the payment option that suits you best! Here are the three options available to allottees for depositing the land premium:
Option 1: Pay in Full
- 100% Payment: Pay the total premium (including registration fee) within 90 days from the date of the allotment letter.
- GST: Additional, if applicable.
Option 2: Pay in Two Parts
- 50% Payment: Pay half of the total premium (including the registration fee) within 90 days from the date of the allotment letter.
- Remaining 50%: Payable in two equal half-yearly instalments, calculated from the 91st day from the date of allotment, with 10.00% p.a. interest.
- Penalty: In case of default, an additional penal interest of 13.00% p.a. (10.00% + 3%) on the defaulted amount and period, compounded half-yearly with applicable GST.
Option 3: Pay in Ten Parts
- 30% Payment: Pay 30% of the total premium (including the registration fee) within 90 days from the date of the allotment letter.
- Remaining 70%: Payable in ten equal half-yearly instalments, calculated from the 91st day from the date of allotment, with 10.00% p.a. interest.
- Penalty: Similar to Option 2, a 13.00% p.a. penal interest on default.
Note: If the last date of deposit is a bank holiday, the instalment can be deposited on the next working day, treated as the last date of deposit.
Adjustment/Refund of Registration Amount
- Successful Applicants: Registration money will be adjusted against the total payable premium.
- Unsuccessful Applicants: Registration money will be refunded without interest if the deposit period is less than one year. If more than one year, the prevailing simple interest rate of saving A/c in SBI will be paid for the period exceeding one year.
- Important: Applicants must mention their mobile phone numbers, Bank Account Numbers, Bank name, IFSC code, and address of the Bank in the application form for smooth refund processing.
The Allotment Process: Step by Step
Drawing of Lots
The allotment will be through a draw of plot numbers, conducted separately for each category.
Payment Plan Preference
- First Draw: For applicants who chose Option 1 as the payment plan.
- Second Draw: If plots remain, a second draw for applicants who chose Option 2.
- Third Draw: If plots still remain, a third draw for applicants who chose Option 3.
- Preference Order: Preference will be given to applicants choosing Option 1, followed by Option 2, and then Option 3 if plots remain unallotted.
Allotment, Possession, Construction, and Sub-Division Rules
- Availability of Plots: The number of plots may be increased or reduced at the Authority’s discretion.
- Manual Draw: The allotment will be done manually, with a tentative draw date of 18.10.2023. Any changes will be published in the daily newspaper and on the YEIDA website.
- Allotment Letters: Successful applicants will receive allotment letters within 30 days from the draw date by registered post.
- Possession Timeline: Possession will be offered after approximately five years from the completion of development, subject to payment according to the Payment Plan in the Allotment Letter.
- Construction Guidelines: Allottees must get construction done according to the Lease Deed and Building Regulations of the Authority applicable at the time of allotment.
- No Division or Amalgamation: The Lessee/Allottee cannot divide or amalgamate the allotted plot.
- No Previous Allotment: Neither the allottee nor their family members (spouse or minor dependent children) should have a Residential plot/flats allotted by YEIDA earlier. Any such applicant will be debarred.
Withdrawal and Surrender Policy for YEIDA Residential Plot Scheme
Applying for a residential plot is an exciting step, but what if you need to withdraw or surrender your application? A withdrawal is the process of retracting your application for the YEIDA Residential Plot Scheme. Surrender would be the process of giving up the allotted plot. Understanding the rules and procedures for withdrawal or surrender is essential to avoid unnecessary complications. Here’s a detailed guide:
- Surrender Before Drawing of Lots: If you decide to surrender before the drawing of lots, you’ll receive a full refund of the registration money without interest.
- No Withdrawal After Final Eligibility List: Once the final eligibility list is published, no withdrawal of the application will be entertained.
- Withdrawal Before Allotment Letter Issued: If you withdraw your application before receiving an allotment letter, Rs. 10,000 will be deducted from the registration money, and the balance will be refunded without interest.
- Surrender After Allotment But Before Due Date: If you surrender after allotment but before the due date for depositing allotment money, 10% of the registration amount will be deducted, and the balance will be refunded without interest.
- Surrender After Due Date But Before Lease Deed: If you surrender after the due date of depositing allotment money but before executing the lease deed, an amount equivalent to the registration money will be deducted, and the balance, if any, will be refunded without interest.
- Surrender After Lease Deed Execution: In case of surrender after executing the lease deed, 30% of the total premium of the plot will be deducted, and the balance will be refunded without interest.
How to Apply for Withdrawal or Surrender?
- You can send your application for withdrawal or surrender by registered post with acknowledgement due or personally at the reception office of the Authority against a stamped receipt.
- The date of withdrawal/surrender will be the date the application, along with the required documents, is received by the Authority’s office.
Required Documents for Surrender
Along with the application for surrender, you must attach the originals of-
- The receipt of the registration form
- Allotment letter
- Bank Passbook
- Photocopy/Cancelled Cheque bearing your name
- Account Number, IFSC Code, and the name of the bank and branch
- Your signature is required on the application for withdrawal/surrender, and a self-attested photograph should also be pasted on it
Transfer of Plot and Land Use Guidelines: Everything You Need to Know
When it comes to owning a residential plot, understanding the rules around transferring ownership and the permitted land use is crucial. Here’s a comprehensive guide to help you navigate these aspects:
Transfer of Plot in Favour of Legal Heirs
- Upon Death of Allottee/Lessee: The transfer of a plot to the legal heirs of the Allottee/Lessee is allowed upon their death.
- Permission Required: Prior written permission from the Chief Executive Officer (CEO) or an authorized officer is necessary.
- Conditions: The transfer must meet the prescribed conditions prevalent on the date of the permission grant.
- No Transfer Charges: There are no transfer charges payable in the case of transfer by succession.
Transfer of Plot to Others (Except Legal Heirs)
- Not Permissible Without Permission: Transferring the plot to anyone other than the legal heir is not allowed without prior written permission from the CEO or an authorized officer.
- Transfer Charges: Such permission may require payment of transfer charges and compliance with other terms and conditions.
- Effective Transfer: The permission to transfer becomes effective only after depositing the transfer charges and fulfilling all other requirements.
- Acceptance or Rejection: The power to accept or reject the transfer request lies with the CEO or an authorized officer.
Transfer in Case of Company/Private Limited Firm
Changes in Constitution/Shareholding: Any change in the constitution or shareholding of the company will be applicable according to the current policy of the YEIDA authority.
YEIDA Residential Plot Scheme 2023: Land Use Guidelines
- Residential Purpose Only: The allotted/leased plot must be used solely for residential purposes.
- No Change in Land Use: Engaging in activities that change the land use or cause pollution or nuisance is prohibited.
- Breach of Terms: Using the plot for non-residential purposes (e.g., shop, office, clinic, school, crèche) would breach the terms and may lead to cancellation of the allotment/lease.
- Authority’s Rights: The Authority has the right to seal/re-enter the premises if there’s a breach of terms.
- No Indecent Display: The lessee must not display or exhibit any indecent or immoral posters, statues, or other articles.
YEIDA Residential Plot Scheme Financing Options
Financing for the YEIDA Residential Plot Scheme 2023 can be availed at the following ICICI Bank branches-
| Sr. No. | Branch Code | Branches Address |
| 1 | Omega 1 | ICICI Bank Ltd, Omega 1, P 2, Shopping Complex, Sector Builders Area, Greater Noida, Gautam Buddha Nagar Dist., Uttar Pradesh |
| 2 | Alpha 1 | ICICI Bank Ltd, Krishna Apra Royal Plaza, D2, EAcb, Alpha 1, Greater Noida, Uttar Pradesh |
| 3 | Gamma 1 | ICICI Bank Ltd, S-4, Gamma1, Gamma Shopping Complex, Greater Noida, Uttar Pradesh |
| 4 | Noida 61 | ICICI Bank Ltd, Supertech Shopprix, C134 B, Sector 61 Noida, Uttar Pradesh |
| 5 | Noida 18 | ICICI Bank Ltd, K1, Senior Mall, Sec18, Noida, Uttar Pradesh |
| 6 | Noida 63 | ICICI Bank Ltd, H 1A/34, Sector 63, Noida, Uttar Pradesh |
| 7 | Noida 50 | ICICI Bank Ltd, Plot No. 43,44,45,47,48,65,66,67, Block B1, Sector 50, Noida, Uttar Pradesh |
| 8 | Noida 132 | ICICI Bank Ltd, Express Trade Towers 2, Plot No. B 36, Sector 132, Noida, District Gautam Budh Nagar, Uttar Pradesh |
| 9 | Green Park | ICICI Bank Ltd, S 26,27, 28, Green Park Extension, Near Uphaar Cinema, New Delhi |
| 10 | Greater Kailash 1 | ICICI Bank Ltd, W57, Greater Kailash I, New Delhi |
| 11 | Dwarka | ICICI Bank Ltd, HI Square, Plot No. 6, Sector 5 Mlu, Dwarka, New Delhi |
| 12 | Connaught Place | ICICI Bank Ltd, 9A, Phelps Building, Connaught Place, New Delhi |
| 13 | Rohini | ICICI Bank Ltd, C4/37, Sector 11, Rohini, New Delhi |
| 14 | Preet Vihar | ICICI Bank Ltd, F11, Preet Vihar, New Delhi |
| 15 | Janakpuri | ICICI Bank Ltd, Mahatta Towers, 54, BBlock, Community Centre, Janakpuri, New Delhi |
| 16 | Pitampura | ICICI Bank Ltd, RP-4, Pitampura, New Delhi |
| 17 | Ghaziabad | ICICI Bank Ltd, R1/88, Raj Nagar, Ghaziabad, Uttar Pradesh |
| 18 | Hazratganj | ICICI Bank Ltd, 28/10, Ashok Marg, Hazratganj, Lucknow, Uttar Pradesh |
| 19 | Aliganj | ICICI Bank Ltd, Ground Floor, 39, Chandralok Colony, Aliganj, Lucknow, Uttar Pradesh |
| 20 | Gomti Nagar | ICICI Bank Ltd, 3/64, Vivek Khand, Gomti Nagar, Lucknow, Uttar Pradesh |
| 21 | Alambagh | ICICI Bank Ltd, Shop No. 1, 569 Ka/199, Sneh Nagar, Alambagh, Lucknow, Uttar Pradesh |
| 22 | Aligarh | ICICI Bank Ltd, Ground Floor, No. 2, Court Of Wards Compound, Agra Road, Opp. Gandhi Park, Aligarh, Uttar Pradesh |
| 23 | Mathura | ICICI Bank Ltd, 217/360, Kesopur, Bhuteshwar Road, Mathura Uttar Pradesh |
| 24 | Bulandshahr | ICICI Bank Ltd, Municipal No. 107 108, Old Number 193194, Civil Lines, Tehsil And District Bulandshahr, Uttar Pradesh |
| 25 | Meerut | ICICI Bank Ltd, Rajlok, 4, Civil Lines, Boundary Road, Near BSNL Telephone Exchange, Meerut, Uttar Pradesh |
| 26 | Agra | ICICI Bank Ltd, No 6,8- 13, Ground Floor, Shanta Tower, Sanjay Place, Agra, Uttar Pradesh |
| 27 | Hathras | ICICI Bank Ltd, Naripur Road, Near Hathras Bus Stand, Hathras, Uttar Pradesh |
These branches offer financing options subject to necessary qualifications, and the terms and conditions of the financing bank will apply.
The YEIDA Residential Plot Scheme 2023 opens doors to a world of possibilities for those seeking an exclusive residential experience on the Yamuna Expressway. With an array of plot sizes, innovative features, and easy financing options, this scheme caters to diverse preferences and aspirations. As the application window opens, seize the chance to become a part of this thriving community and turn your dream of owning a residential plot into reality. Embrace a future of comfort, connectivity, and creativity with the YEIDA Residential Plot Scheme 2023.
FAQ’s
1: What is the upcoming YEIDA Plot Scheme 2023?
The upcoming YEIDA Plot Scheme 2023 offers residential plots in the Yamuna Expressway Area. It’s a chance to own a piece of this strategic location with modern amenities and innovative features.
2: What is the payment plan for the YEIDA scheme?
The payment plan provides flexibility. You can choose to pay in full within 90 days (Option 1), pay 50% upfront and the rest in instalments (Option 2), or pay 30% upfront and the rest in ten instalments (Option 3).
3: Is it good to invest in YEIDA plots?
Investing in YEIDA plots can be a smart decision due to the strategic location, connectivity, and future growth potential. It offers a chance to be a part of a thriving community with various amenities.
4: Is buying a plot near Jewar Airport a good investment?
Yes, buying a plot near Jewar Airport can be a promising investment. The airport’s development can boost the area’s overall growth, attracting commercial and residential developments and potentially increasing property value.
5: How do I get a refund from YEIDA?
To get a refund from YEIDA, submit your application for withdrawal or surrender by registered post or in person at the Authority’s office. Follow the guidelines mentioned in the scheme documentation for a smooth refund process.
