YEIDA’s new housing plot scheme 2024: Prices, plot sizes, eligibility and other details

The Yamuna Expressway Industrial Development Authority has launched a new housing plot scheme this Diwali 2024. On offer are around 400 plots in Sector 24A

Addressing the high demand for residential options near the upcoming Noida International Airport area, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme this Diwali 2024. On offer are around 400 plots in Sector 24A.

This scheme mainly features smaller plots for buyers who want to build homes near the Noida airport, said officials.

Applications for the scheme opened on October 31, 2024, and will close on November 30, 2024. The draw for the plots is scheduled for December 27.

Plot sizes and availability
The scheme will feature plots in these sizes: 120 square metres (sqm), 162 sqm, 200 sqm, 250 sqm and 260 sq m. In Sector 24A, there are 451 plots available of which 372 plots are available in the general category.

Residential demand in the YEIDA area
The area surrounding the Noida International Airport, which includes the planned international film city, has generated considerable interest among homebuilders. Many buyers view this as an excellent opportunity to invest in a developing urban hub, with the airport expected to commence operations by April 2025.n September, Yeida had launched a 361 plots scheme in which over 200,000 applicants applied for plots located near Noida international airport in Jewar that is slated to become operational by April 17, 2025. The previous scheme offered plot sizes ranging from 120 to 4,000 sqm, priced at ₹29,500 per sqm.

5% percent preferential location charges . Park facing/Green belt location charges will be 5% of the premium. Corner locations charges will be 5% of the premium. If the width of the road is 18mtr or more, the location charges will be 5% of the premium.
The maximum location charge for any single plot shall not be more than 15% of the premium, the brochure showed.

Read more at:

https://www.hindustantimes.com/real-estate/commercial-real-estate-outlook-will-improve-in-2025-metlife-says-101730436737369.html

Categories: News