YEIDA to launch residential plot scheme today

NOIDA: Yamuna Expressway Industrial Development Authority will launch a residential plot scheme on Wednesday. As many as 477 plots of sizes ranging from 60 square metres to 2,000 square metres will be available in sectors 16, 17A, 18, 20 and 22D.

People can apply online in the scheme from September 7 to October 7, while the allotment will be done on November 15 through a draw, officials said.

Earlier, the Authority had also launched shop and kiosk schemes near Noida International Airport. Officials said in the new scheme, some of the plots are those remaining from the previous schemes while others are new.

While applying under the scheme on the Authority’s website, an applicant will have to deposit
10% of the total cost of the plot. There will be different payment options. Those who opt for onetime payment will be given priority in the allotment of plots, those who pay 50% of the amount in
lump sum and the remaining in installments will be considered next.
The last preference will be given to those who opt for paying 30% of the amount in lump sum
and 70% in installments.
The maximum number of 262 plots are available in 120 sqm size, followed by 67 in 200 sqm, 56
in 300 sqm, 40 in 162 sqm, 19 in 90 sqm and 16 in 60 sqm.
There are just four plots available in 2,000 sqm size, eight in 1,000 sqm and five in 500 sqm.
Earlier, a residential plot scheme launched by the Authority in December last year near the
upcoming Jewar airport got over 30 times the response. As against 416 plots on offer in sectors
16, 18 and 20 of YEIDA, located 6km from the upcoming airport, some 13,889 applications were
received by the Authority.