YEIDA Plot Scheme 2023: Registration, Eligibility, Payment

Yamuna Expressway, Industrial Development Authority, was set up to develop the Yamuna Expressway area. The project aims to manage and create more space for migration within Uttar Pradesh. To incorporate this development change, the authority developed YEIDA Plot Scheme 2023. Through this scheme, the authority has put up 1,184 plots for sale between August 8, 2023, to September 1, 2023, and more than 400 flats under the BHS Scheme 2023. The location of these plots is close to the upcoming Noida International Airport. The plots will be allotted based on a lucky draw system. Let’s go through the details of YEIDA Plot Scheme 2023. 

YEIDA Residential Plot Scheme 2023

The Yamuna Expressway Industrial Development Authority launched a residential plot scheme where the authorities are launching 1,184 plots at Yamuna Expressway in Sectors 16, 17 and 20. The plots are available from 120 square metres to 2000 square metres. The number of plots is divided into Farmer’s Categories- 206 plots (17.5%), Functional, Industrial, Institutional or Commerical units- 59 plots (5%), and the remaining plots are for the General Category- 919 (77.5%). Under the scheme, the rate of residential plots is ₹ 24,600 per square metre. Schedules Castes and Schedule Tribe will have 21% and 2% plots reserved. The result of the lucky draw will be announced on October 18, 2023. The table below shows the number of plots allotted under specific sizes of the plots. 

In June, YEIDA announced three more locations, Medical Devices Park and Data Centre Park, for plot schemes. 

You can go through the attached brochure for the application form if you need to register online (yeidarps07[dot]disgenservices[dot]in/).

YEIDA New BHS Flat Scheme

Yamuna Expressway Industrial Development Authority launched BHS Flat Scheme on August 8, 2023. The scheme offers 468 2 BHK flats in a 16-floor high structure in Sector 22 D, close to Yamuna Expressway. These flats have a carpet area of approximately 696.64 square feet and start at ₹ 42 lakhs. The BHS Flat Scheme received a good response within the first 24 hours by receiving 3,089 applications. 

One-Time Settlement Policy of YEIDA 

The YEID Authority introduced the one-time settlement policy on August 1, 2023. The policy is placed to filter out defaulters. YEIDA has launched this three times before. The amount due is up to ₹50 lakhs; as soon as the demand letter is sent out, it has to be paid within 60 days, and if the amount exceeds ₹50 lakhs, then you can get an extension of up to 90 days. 

If you want to apply for the OTS Scheme, follow the steps below. 

Step 1: Visit: yamunaexpresswayauthority[dot]com

Step 2: Click on  ‘Citizen Services’ and then on ‘Citizen Portal/OTS System’

Step 3: You will be redirected to this page: ccp[dot]yamunaexpresswayauthority[dot]com 

Step 4: Register yourself if you haven’t on the YEIDA page. 

• If you haven’t registered, enter basic details like your name, phone number, allotment, plot and scheme. 
• You would also need your passport number, Aadhaar number, Pan card and your e-signature. 
• Click ‘submit’ to receive an OTP on your registered mobile number. 
• After successfully logging in, you can see the deposited, payable, and due amount concerning the one-time settlement policy. 
• Upload the bank receipt for the already paid amount and ‘Pay’ the remaining amount. 
• Once the payment is made, you will be redirected to the OTS website to download the receipt. 

Registering for YEIDA Plot Scheme

The process to register for YEIDA Plot Scheme is seamless. Follow the steps given below. 

Step 1: Visit the Yamuna Expressway Industrial Development Authority website and log in to the portal using your credentials. 

Step 2: If you haven’t registered, sign up with your full name, email address and mobile number. You will also need your allotment letter and photo identification proof. 

Step 3: After registering on the portal, you must pay ₹500 as application fees. You will find the application on the right-hand side of the screen. 

You can also get the form from the nearest ICICI bank branch. The DD should be made to ‘Yamuna Expressway Industrial Development Authority’, payable at New Delhi/Noida/Greater Noida.

Step 4: For YEIDA Plot Scheme, provide your passport-size photograph and signature. 

Step 5: Submit the form to an ICICI bank with 10% of the property registration amount. 

YEIDA Allotment Process and Payment Schedule

The allotment process of the YEIDA plot scheme is based on a lucky draw. For every category, the draw is conducted separately. The first draw of lots identifies those selected, and the second draw is conducted to allot plots and flats under the scheme. Candidates who are not selected are returned their application fee without any interest. 

The funds are broken into three phases. The registration money for the first phase is just 10% of the property and the registration fee. The next step is allotment money of 20% of the property to be paid within 45 days of allotment. The last phase of the amount, the remaining 70%, is to be paid in twelve equal half-yearly instalments. 

see also – Smart Cities Mission: Objective, Meaning, List of Projects

YEIDA Eligibility Criteria 

The eligibility criteria for YEIDA Plot Scheme candidates are listed below. 

• The candidate must be a minimum of 18 years old.
• The candidate must be a citizen of India.
• No land or flat owned by the Yamuna Motorway Industrial Development Authority should be owned by the person applying for it.
• A single plot application per applicant is permitted.

Location Charges as per YEIDA

The Preference Location Charges (PLC) are special charges if a candidate applies for a specific flat post allotment. The corner locations add 5% to the property, a park or a green belt facing area adds 5%, the property with a road wider than 18 metres will also be 5% extra, and location charges for one plot are 15%. 

YEIDA Mixed Plot Scheme 

Yamuna Expressway Industrial Development Authority has undertaken another initiative in Greater Noida Sector 24, offering mixed plots with lots measuring more than 40,000 square feet. This property is strictly established to promote on-polluting industries in the area. The Mixed Plot Scheme allows YEIDA to lease up to five plots totalling 40,000–52,000 square feet to commercial undertaking projects with a maximum Floor Area Ratio of two.

Conclusion

The Yamuna Expressway Development Authority has started a revolutionary journey to encourage migration and growth within Uttar Pradesh. The 1,184 residential plots in Sectors 16, 17, and 20 are offered by the YEIDA Plot Scheme 2023. The experience of Urban living, made possible by the planned Noida International Airport, is promised by these plots, which range in size from 120 to 2,000 square metres. Additionally, the BHS Flat Scheme, which was just introduced, offers 468 magnificent 2 BHK flats in Sector 22 D, paving the way for contemporary living with unbroken connectivity. The One Time Settlement Policy seeks to promote easier relationships within the community while upholding the commitment to empowering individuals. Find out the specifics, requirements, and procedures for these revolutionary products, paving the way for a better stand of living for the people of Uttar Pradesh.

FAQ’s about YEIDA Plot Scheme 2023