The Yamuna Expressway Industrial Development Authority (YEIDA) has recently announced an enticing scheme for residential plots near the upcoming Noida International Airport. With over 350 plots available, this new offering presents a golden opportunity for investors and homeowners alike. Below we have provided every detail you need to know about this new development.
Location and plot Details: YEIDA is offering 361 residential plots in four strategic sectors: 16, 18, 20, and 22D. These plots are conveniently located near the Yamuna Expressway, providing excellent connectivity to Greater Noida, Agra, and Mathura. Additionally, their proximity to the Eastern Peripheral Expressway (EPE), the proposed Film City, and the upcoming Noida International Airport makes them highly attractive.
Plot Sizes and Categories: The scheme includes plots of varying sizes to cater to different needs: 120 square metres (sq m), 162 sq m, 200 sq m, 300 sq m, 500 sq m, 1000 sq m, 4000 sq m
The most numerous are the 300 sq m plots, with 131 available. Whether you’re looking for a modest-sized plot or a large area for expansive development, this scheme has something for everyone.
Pricing and Financials: The plot is priced at Rs 25,900 per square metre, 120 sq m: Rs 31.08 lakh, 162 sq m: Rs 41.95 lakh, 200 sq m: Rs 51.8 lakh, 300 sq m: Rs 77.7 lakh, 500 sq m: Rs 1.29 crore, 1000 sq m: Rs 2.59 crore, 4000 sq m: Rs 10.36 crore
The total revenue expected from this scheme is approximately Rs 343.04 crore.
Allotment Process: Plot allotments will be done through a lucky draw scheduled for September 20, 2024. Interested applicants can download the application form and brochure from YEIDA’s official website by paying a fee of Rs 600. The last date to apply for this scheme is August 5, 2024.
Payment Plans: To facilitate ease of payment, YEIDA offers three flexible payment plans:
Option 1: 100% upfront payment within 60 days from the allotment date.
Option 2: 50% payment within 60 days, with the remaining 50% payable in two equal half-yearly instalments at 10% per annum interest.
Option 3: 30% payment within 60 days, with the remaining 70% payable in 10 equal half-yearly instalments at 10% per annum interest.
This new plot scheme by YEIDA near Noida International Airport is a lucrative investment opportunity. With excellent connectivity, strategic location, and flexible payment options, these residential plots are set to attract a high level of interest from both investors and potential homeowners. Don’t miss out on this opportunity to secure the best land of real estate in a quickly developing Noida.