Real Estate

YEIDA Plot Scheme Diwali 2024: How to Apply? Check Last Date, Eligibility, Other Key Details

Check details about Yamuna Expressway authority plots and YEIDA plot scheme 2024 last date to apply online.

In a golden opportunity for homebuilders near the Noida Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) launched the YEIDA Plot Scheme Diwali on October 31, 2024. The scheme’s application window will be closed on November 30. It offers small plots in prime locations for individuals who wish to build their dream homes near the upcoming Noida airport. Here’s everything potential buyers need to know about the scheme.

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About YEIDA Plot Scheme Diwali (RPS-08A) 2024

The YEIDA Plot Scheme Diwali (RPS-08A) 2024 offers 821 plots exclusively for residents of Noida. Situated close to the new airport, this scheme targets citizens who want to build houses in a well-connected and rapidly developing area. With the convenience of nearby air travel, buyers gain both a promising location and access to comprehensive infrastructure and amenities.

Key Details

  • Launch Date: October 31, 2024
  • Draw Date: December 27, 2024
  • Application Deadline: November 30, 2024
  • Eligible Applicants: Noida citizens, aged 18+, who meet specified criteria
  • Location of Plots: Primarily in Sector 24A
  • Official Website: https://yamunaexpresswayauthority.com/

Eligibility Criteria and Allotment Rules

General category requirements:

Applicants must meet the following criteria:

  • Age: 18 years and above.
  • Residency: Indian citizens and Non-Resident Indians who are eligible to purchase property under Indian and UP government regulations.
  • Ownership Restrictions: Applicants (and their spouses, children, or parents) who already own a plot or flat under YEIDA are ineligible to apply.
  • Family Applications: Co-applicants are allowed only for immediate family members. Both spouses may apply, but if both are allotted plots, one must surrender their allotment within a month.

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Reserved Category Requirements

For reserved categories, additional eligibility rules apply:

  • Special Applicants: Reserved for farmers whose land has been acquired by YEIDA, and functional industrial units in the area.

Reservation Quota:

  • Farmers: 17.5%
  • Functional Industrial Units: 5%

Plot Locations and Availability

The plots, all located in Sector 24A, are set amidst strategic and growing residential zones. This proximity to the airport and other upcoming developments enhances both lifestyle and investment potential. Here’s the distribution:

  • 100 plots in Sector 24A
  • 169 plots in Sector 24A
  • 172 plots in Sector 24A
  • 06 plots in Sector 24A
  • 04 plots in Sector 24A
  • 451 plots in Sector 24A

Application and Payment Process

Applying for the YEIDA Plot Scheme Diwali 2024 is an online-only process. Interested citizens can visit YEIDA’s official website, pay the application fee, and complete their registration. The online system ensures a seamless process, and here are the steps:

  • Visit the YEIDA Website: Complete the application form on https://yamunaexpresswayauthority.com/ after paying the application fee of INR 600.
  • Fill and Submit: Complete the form with accurate details and submit it online.
  • Attach Documents: Required documents include Aadhaar Card, Ration Card, PAN Card, Address Proof, and Mobile Number.
  • Online Payment Only: Payments for plot registration must be made online. Offline payments will not be accepted.

Payment Process

All payments should be conducted through YEIDA’s official payment gateway. Financing options are available through major banks, including ICICI, Bank of Baroda, SBI, and HDFC Bank, subject to the terms of each institution.

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Allotment Process and Draw

The plot allotments will be done through a transparent draw scheduled for December 27, 2024. Each category will have a separate draw, ensuring that all applicants have a fair opportunity based on their eligibility. Winners will have their registration fee adjusted against the plot’s total cost.

Refund Process for Unsuccessful Applicants

For applicants who are not successful, the registration money will be refunded without interest if the money has been with YEIDA for less than one year. For periods longer than one year, a simple savings account interest rate (as per SBI) will apply to the refunded amount. Applicants must provide bank details and submit a canceled cheque for easy refund processing.

Additional Benefits and Advantages

The scheme offers a unique advantage due to its location near Noida International Airport, providing a major draw for those interested in accessible air travel, potential rental income, or long-term property appreciation. YEIDA’s aim to develop residential plots near the airport enhances the project’s appeal.

Important Dates and Deadlines

  • Application Start Date: October 31, 2024
  • Application End Date: November 30, 2024
  • Draw Date: December 27, 2024

FAQs

1. How many plots are available under the YEIDA Plot Scheme Diwali (RPS-08A) 2024?

There are a total of 821 plots available for sale under this scheme.

2. Who can apply for these plots?

The scheme is open to Indian citizens and NRIs above 18 years of age who do not already own residential properties under YEIDA.

3. Can couples apply jointly?

Yes, applicants can apply jointly with immediate family members such as spouses or parents. If both husband and wife apply, only one plot can be retained.

Conclusion

The YEIDA Plot Scheme Diwali 2024 is a promising option for individuals seeking to own residential plots in the expanding region of Noida. Offering plots in a prime location with clear guidelines and a transparent draw process, this scheme appeals to those looking to build a house close to Noida International Airport. Interested buyers are encouraged to apply before the November 30 deadline to participate in the December 27 draw.

For more details, citizens can contact YEIDA’s toll-free helpline at 0120-2395152 or 0120-2395157.

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