Yamuna Authority Scheme 2024 | Post-draw rules

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new residential plot scheme in Sector 24A, with the following details:
1. Scheme Overview and Plot Details
• Location: Sector 24A, along the Yamuna Expressway. RERA Registration No: UPRERAPRJ653232/10/2024.
• Plot Availability: 451 total plots, divided into different sizes from 120 to 260 sq. meters. Plot allocation is in two categories:
• Farmers: 79 plots
• General: 372 plots, with 17.5% reserved for farmers whose land has been acquired and 5% for industrial units.
• Registration Fees (per plot size in INR):
• 120 sq. mtr.: 155,400 (SC/ST); 310,800 (General)
• 162 sq. mtr.: 209,790 (SC/ST); 419,580 (General)
• 200 sq. mtr.: 259,000 (SC/ST); 518,000 (General)
• 250 sq. mtr.: 323,750 (SC/ST); 647,500 (General)
• 260 sq. mtr.: 336,700 (SC/ST); 673,400 (General)
2. Location Charges
• Additional charges apply for specific location preferences:
• Park Facing: 5% of premium
• Corner Plot: 5%
• Road Width ≥18 m: 5%
• Total location charges are capped at 15% of the premium for any plot.
3. Eligibility and Reserved Categories
• Reserved Categories: Farmers (17.5%) and functional industrial units (5%). Of the reserved plots, 21% are for SC/ST farmers.
• General Category Eligibility: Open to Indian citizens and NRIs who are 18 years or older. Prior allottees of YEIDA plots are not eligible.
• Joint Application: Only immediate family (parents, siblings, spouse, children) are allowed to apply jointly.
4. Premium and Payment Terms
• Plot Rate: INR 25,900 per sq. mtr.
• Payment Options:
• 100% payment within 60 days of allotment.
• Online payment only via the official YEIDA website.
• Late Payment: 13% annual interest for up to 30 days extension.
5. Allotment and Refund Process
• Draw Date: December 27, 2024, subject to change.
• Refund for Unsuccessful Applicants: Registration fee refunded without interest within a year or with interest for deposits over a year.
6. Lease and Construction
• Lease Period: 90 years, with a one-time lease rent of 10%.
• Construction Timeline: Allottee must complete construction within three years or face additional charges for extensions.
7. Application Procedure
• Submission: Apply online through the YEIDA website with a fee of INR 600.
• Documentation: Required documents include proof of identity, address, registration fees, and specific forms for reserved categories.
For detailed terms and to apply, visit Yamuna Expressway Authority’s official website.
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