Table of Contents
- What is YEIDA?
- What is the YEIDA Masterplan?
- Salient Features of YEIDA Master Plan
- YIEDA Group Housing Plot Scheme 2024 Highlights
- Eligibility Criteria for YEIDA Plot Scheme 2024
- Plot Details for YEIDA Group Housing Plot Scheme
- Important Dates for YEIDA Group Housing Plot Scheme
- YEIDA Group Housing Plot Scheme Application Process
- YEIDA Sector 22D Location Advantage
- 5 Reasons for the rise in Demand For These Plots
- YEIDA Mixed Plot Scheme 2024
- Conclusion
- Faq's
The Yamuna Expressway, a 302-km stretch connecting Delhi with Agra in Uttar Pradesh, has emerged as a highly sought-after real estate destination in the National Capital Region (NCR). With its strategic location and smooth connectivity to major cities like Lucknow through the Agra-Lucknow Expressway Project, the expressway route offers ample investment opportunities in the commercial and residential segments.
The Yamuna Expressway Industrial Development Authority (YEIDA) has been providing housing units and residential plots and Group Housing Plots for sale along the route, cashing in on the increased demand for residential, commercial, and industrial properties in the area which is close to the Jewar Airport in Noida.
The authority has recently announced that it has extended the date of its Group Housing Scheme till 21st May 2024. As per the scheme, the authority is offering six plots for sale in Sector 22D along the Yamuna Expressway, near the Jewar International Airport also known as Noida International Airport.
This Scheme is particularly noteworthy as it comes after a decade of waiting and highlights the authority's commitment to addressing the housing shortage in the area.
In this article, we will delve deeper into YEIDA's Group Housing Scheme for 2024, and provide valuable insights for potential investors and interested parties regarding the Number of plots and sizes, the location and its advantages and disadvantages, Price and registration fees, Allotment and payment plans.
What is YEIDA?
YEIDA stands for the Yamuna Expressway Industrial Development Authority. It is a regulatory body established under the UP Industrial Development Act, 1976, with the aim of ensuring the planned development of industrial and allied activities in the state of Uttar Pradesh. YEIDA, along with Noida and Greater Noida, has been created under this Act to facilitate the systematic development of their respective notified areas, preventing unauthorized urban growth and promoting planned urbanization. YEIDA plays a crucial role in overseeing the development and management of industrial and residential projects in the region, including the allocation of plots, infrastructure development, and ensuring compliance with regulations and guidelines.
What is the YEIDA Masterplan?
YEIDA area is envisioned as an area with industry as its main economic activity, supported by knowledgebase institutions integrated with the industry, residential, commercial, and other such uses required for a comprehensive urban development. The location being along the Yamuna Expressway connecting major tourist attractions Agra and Delhi and the trade and commerce activities will also be an important aspect of the economic base. Further, considering a large number of educational centers located in the vicinity of the area, the area is also proposed to be developed for Institutions at regional level as well as settlement level.
Source: YEIDA Official Website
Salient Features of YEIDA Master Plan
- Create an appropriate urban form for the Greenfield city.
- Provide adequate space for airport city side development.
- Balanced regional development and conformity with regional plan
- Provision of high containment ratio to control traffic demand within the city limits.
- Sustainable development of a new planned Greenfield city with surrounding urban centres.
- Flexibility in land use to respond to dynamic and evolving market conditions.
- Prioritization of affordable housing for industrial workers.
- Integration of public transport system through Metro Neo, buses, NMT, cycle track, pedestrian pathway and IPT
- "Image of the City:" City level Central Commercial Centre with world-class infrastructure along with iconic pedestrian promenade.
- Facilities and movement of heavy industrial traffic through peripheral road.
- Logistics facilities near airport to cater to industrial demand
- Integration of existing villages
- Green buffer along Yamuna River, water bodies and canals.
YIEDA Group Housing Plot Scheme 2024 Highlights
Particulars | Dates |
Scheme Name | YEIDA Group Housing Scheme 2024 |
Last Date of Registration | 20th May 2024 |
Last Date of Document Submission | 21st May 2024 |
E-auction Date | 10th June 2024 |
Total Number of Group Housing Plots available under scheme | 6 plots |
Plot Size | 5 Plots : 20,000 sq mtr each |
Estimated Price of YEIDA Housing Scheme Plots | Starts from Rs 61.5 crore to Rs 135.3 crore |
Registration Charges | 10 % of total plot cost |
Official Website | https://www.yamunaexpresswayauthority.com/ |
Eligibility Criteria for YEIDA Plot Scheme 2024
To apply for the YEIDA Plot Scheme 2024, applicants must meet the following eligibility criteria:
- Be an Indian citizen.
- Be at least 18 years old.
- Not have previously been awarded a plot or apartment by YEIDA.
- Only one plot can be applied for per applicant, their spouse, and any dependents
Plot Details for YEIDA Group Housing Plot Scheme
Let's look at the plot details to know about the scheme better
Plot Number | Sector | Area | Rate of allotment | PLC | EMD/Registration amount | Total amount |
|---|---|---|---|---|---|---|
GH-01A/1 | 22D | 40,000 sq m | 30750 sq m | 10 percent | Rs 13.53 crore | Rs 123 crore |
GH-01A/2 | 22D | 20,000 sq m | 30750 sq m | 10 percent | Rs 6.765 crore | Rs 61.5 crore |
GH-01B/1 | 22D | 20,000 sq m | 30750 sq m | Nil | Rs 6.15 crore | Rs 61.5 crore |
GH-01B/2 | 22D | 20,000 sq m | 30750 sq m | Nil | Rs 6.15 crore | Rs 61.5 crore |
GH-01C/1 | 22D | 20,000 sq m | 30750 sq m | Nil | Rs 6.15 crore | Rs 61.5 crore |
GH-01C/2 | 22D | 20,000 sq m | 30750 sq m | Nil | Rs 6.15 crore | Rs 61.5 crore |
Important Dates for YEIDA Group Housing Plot Scheme
The YEIDA authority has extended the last date of registration for the New Group Housing Scheme in Sector 22D, YEIDA City.
Below are the important dates that one needs to adhere to in case opting for the scheme
Event | Date |
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 |
Also Read: List Of Key Expressways & National Highways Connecting Delhi
YEIDA Group Housing Plot Scheme Application Process
Interested individuals can visit the official YEIDA website to access the scheme brochure upon payment of the relevant fees. Upon acquiring the brochure, they can complete the form and submit it on the portal along with the payment challan for registration fees, Earnest Money Deposit (EMD), and any other relevant charges specified in the brochure.
Process for YEIDA Plot Scheme
Step 1: Registration needs to be done by visiting the official website, once done users need to pay the application fee of Rs 500 and download the application form. The link to the form is available on the right-hand side once you have logged in.
One can also get the application form from ICIC Bank by paying the application fee in the form of a demand draft drawn in favour of Yamuna Expressway Industrial Development Authority.
Step 2: You will need to submit the required documents along with a passport-size photograph and your signatures
Step 3: The completed application form along with the requested documents need to be submitted at one of the ICICI Bank Branches in New Delhi or Noida or Greater Noida along with 10 % of the registration amount before the last day of registration i.e 20th May 2024.
YEIDA Sector 22D Location Advantage
YEIDA Location Advantage
Sector 22D is nestled along the picturesque Yamuna Expressway, these plots present an exceptional opportunity for those seeking a blend of urban convenience and serene surroundings. With seamless connectivity to renowned historical cities like Mathura and Agra, as well as the bustling hub of Greater Noida, residents here can immerse themselves in the rich cultural heritage and modern amenities of the region. Moreover, the strategic location of Sector 22D ensures easy access to upcoming developments that promise to elevate the area's allure even further.
Notably, these plots are in close proximity to several major infrastructural projects that are set to redefine the landscape of the region. Among these developments is the proposed film city, poised to be a hub of entertainment and creativity. Additionally, the upcoming Noida International Airport near Jewar promises to enhance connectivity and stimulate economic growth in the area. The renowned Buddha International Circuit, known for hosting international motorsport events, adds to the allure of the location. Furthermore, the presence of the Medical Device Park underscores the potential for growth and innovation in the healthcare sector. With direct access to the Eastern Peripheral Expressway, Sector 22D ensures seamless connectivity to key regions, facilitating smooth travel to and from western Uttar Pradesh, Delhi, and Haryana, thus making it an ideal destination for both residential and investment purposes.
5 Reasons for the rise in Demand For These Plots
Upcoming Noida International Airport at Jewar, Gautam Budh Nagar: The development of the Noida International Airport in Jewar is a major catalyst for the region's real estate market. This international airport is expected to boost connectivity and attract commercial and residential developments, driving demand for plots in the area.
Availability of Sporting Facilities: The presence of world-class sporting facilities adds to the allure of the region. With amenities such as the F1 track (Buddh International Circuit), international cricket stadium, and advanced facilities for hockey and kabaddi, Yeida offers a vibrant lifestyle with ample opportunities for recreation and entertainment.
Excellent Connectivity: Yeida enjoys excellent connectivity to Delhi and adjoining cities in Uttar Pradesh, Haryana, and Rajasthan. The well-connected road network, including the Yamuna Expressway, Eastern Peripheral Expressway, and the proposed Palwal Khurja Expressway, ensures seamless travel and accessibility to key destinations.
Upcoming Residential, Commercial, and Industrial Projects: The region is witnessing a surge in upcoming residential, commercial, and industrial projects. This burgeoning development landscape is expected to drive property price appreciation, making it an attractive investment destination for buyers and investors alike.
Proximity to Tourist Attractions: The proximity to neighboring towns such as Mathura, Vrindavan, Agra, and Delhi, along with the development of the new heritage city Raya Urban Centre, adds to the region's appeal. The influx of tourists to these attractions is expected to spur commercial developments, further enhancing the value proposition of investing in YEIDA plots.
Also Read: Jewar Airport: Everything You Need To Know About Noida International Airport
YEIDA Mixed Plot Scheme 2024
The YEIDA Mixed Plot Scheme for 2024 offers a range of mixed-use plots in Sector 24, Greater Noida, with various sizes and amenities. The scheme was launched on January 1, 2024 until January 22, 2024. Eligible entities for this scheme included various business entities like proprietorship firms, registered partnerships, trusts, societies, private and public limited companies, and government/semi-government undertakings.
The YEIDA Mixed Plot Scheme aims to attract investors and businesses by offering plots strategically located near the upcoming Noida International Airport, the proposed film city, the Buddha International Circuit, and the Medical Device Park. These plots enjoy proximity to key infrastructure like the Yamuna Expressway and the Eastern Peripheral Expressway, enhancing connectivity to Delhi, Haryana, and other significant locations. The scheme emphasises world-class amenities and facilities, making it an attractive opportunity for investors looking for lucrative prospects in a well-planned and connected area.
Conclusion
In conclusion, the Group Housing Scheme offered by YEIDA in 2024 presents a remarkable opportunity for both investors and potential homeowners to secure a piece of prime real estate along the coveted Yamuna Expressway. With its strategic location, seamless connectivity to major cities, and proximity to upcoming infrastructural projects like the Jewar International Airport, the scheme promises to redefine the landscape of the region. The extension of the registration deadline underscores the authority's dedication to addressing the housing shortage and fostering planned urbanization in the area.
Moreover, the meticulous planning and development envisioned by YEIDA, as highlighted in the master plan, emphasize sustainability, balanced regional growth, and integration of modern amenities with natural surroundings. The upcoming mixed plot scheme in Greater Noida further accentuates the authority's commitment to attracting diverse businesses and fostering economic growth in the region.
Overall, the Group Housing Scheme represents not just a real estate investment opportunity but also a gateway to a vibrant lifestyle amidst a harmonious blend of urban conveniences and serene surroundings. As the region continues to witness rapid development and infrastructure enhancements, investing in YEIDA plots emerges as a prudent choice for those seeking long-term appreciation and prosperity in the heart of the National Capital Region.
explore further
Latest from Editorials
More from Publications
Resources
