The YEIDA Plot Scheme for Medical Devices Park Prak began on June 12, 2023, and ended on July 3, 2023. The YEIDA Authority has scheduled the scheme’s lucky draw for July 19th, 2023. The plots covered by the plan are in the YEIDA Authority region’s Sector 28. According to the project report, plot allotment for displays up to 4,000 sq m will occur through a lucky draw. The chosen beneficiaries must pay 30% of the total cost of the chart within 60 days of receiving the allotment letter. The ten percent deposit will go toward the thirty percent payment. The buyer must pay the remaining 70% in 10 equal half-yearly installments. The interest rate will be 10% per year. Buyers may be required to pay additional fees such as mortgage processing costs, transfer costs, location costs, and so on.
The YEIDA Authority has extended the application deadline for the Data Center Park Yamuna Expressway Plot Scheme to Jul 17, 2023
Yamuna Authority has decided to extend the deadline for submitting the Data Center Park Plot Scheme to July 17, 2023. The project is underway in Sector 28, along the Yamuna Expressway. Previously, the deadline for applying to the plot scheme was July 3, 2023. On June 12, 2023, plans were announced, with five data center plots for sale. Under this YEIDA Authority Plot Scheme, the authority has offered three displays measuring 40,000 sq mt and two shows measuring 20,000 sq mt. The power has confirmed that one or two applications came in for each plot. The scheme’s terms and requirements, however, require three applications.
The YEIDA Authority has granted the scheme a 14-day extension to allow interested buyers to submit bids. The prices of 40,000 sq m plots range from Rs 12,819 to Rs 14,100.90 per square meter. The cost of a 20,000-square-meter chart ranges from Rs 14,088 to Rs 15,496 per square meter. The e-auction for the Yamuna Expressway pilot scheme will occur on July 17, 2023, from 11:00 a.m. to 2:00 p.m.
Soon, the Yamuna Authority will launch the new YEIDA Plot Scheme 2023 near the Jewar International Airport.
The Yamuna Authority has decided to launch a new YEIDA Plot Scheme near Noida’s Hewar International Airport on July 13, 2023. The authority has confirmed that the residential plot scheme will be subject to the Real Estate Regulation and Development Act (RERA). The new YEIDA Plot Scheme 2023 project report has gone to RERA for approval. The RERA Authority will likely approve it soon.
Under the scheme, the YEIDA authority intends to offer residential and industrial plots. There will be four residential plots ranging from 120 to 300 square meters. The authority will offer 1351 plots in various Yamuna City sectors, including Sectors 16, 17, 18, 20, and 24. 17.5 percent of the YEIDA Scheme plots will be reserved for farmers whose land parcels have become available for the scheme’s development.
The YEIDA Scheme plot allocation will more resemble a lucky draw than an e-auction. Participants in the Happy Sketch Contest must deposit a certain amount to participate. The plot allotment rate set by the YEIDA Authority is Rs. 24,600 per square meter.
YEIDA City: An Overview of YEIDA Plot Schemes
YEIDA City (previously known as “Yamuna City”) is a greenfield project in Uttar Pradesh and the third city of the Gautham Buddha District after Noida and Greater NOIDA. It is underway over a 25,000-hectare land area along the Yamuna Expressway. The city is home to the NOIDA International Airport at Jewar, which plans to be India’s largest airport, along with an F1 track (Buddh International Circuit), a sports city, an international cricket stadium, and proposed India’s largest Film City.
The emerging city, which is already a part of the Delhi National Capital Region (NCR), is planned to be developed on a sector-by-sector occasion, with better and cleverer infrastructure.
The city, once grown, will complement the real estate development in NOIDA and Greater NOIDA.
The city is underway in the Gautam Buddha Nagar district of Greater NOIDA, along the Yamuna Expressway in Uttar Pradesh. A township is developing between the proposed Eastern Peripheral-Yamuna Expressway intersection and Jewar Airport. It is 45 kilometers from Delhi (via DND Expressway), 14 kilometers from Pari Chowk (in Greater NOIDA), 110 kilometers from Mathura and Vrindavan, and 160 kilometers from Agra.
YEIDA City (Yamuna Expressway Plot Scheme) Project Facilities
While the Buddh International Circuit (F1 Track) and NOIDA Cricket Stadium (or Tehra Cricket Stadium) with a seating capacity of 25,000 people are already operational in Sector 21A, the city’s residential development includes authority-allocated plots with private development in the form of Gaur Yamuna City and Ajnara Panorama.
The total area of YEIDA City in terms of layout is 24,739 hectares. Around 26% of this is planned for industrial use and 19% for residential use. The city’s green area coverage is expected to be 5,148 hectares or 22%. YEIDA covers a total area of 2,688 square kilometers.
An upcoming MSME cluster, toy park, furniture, apparel park, handicraft park, and three hotels in the city, including a three-star hotel (2.5 acres), a four-star hotel (5 acres), and five-star hotel (10acres), are also planned by the authority. While YEIDA has approved land for three community health centers and a girls’ inter-college, Gaursons Group is working on constructing a 108-foot-tall statue of Lord Krishna (India’s tallest) in its Gaur Yamuna City, along with a grand temple.
Other private developers have begun to flock to the city, offering a modern lifestyle in various integrated townships, with offerings ranging from high-rise apartments to luxury villas to commercial properties.
