YEIDA Plot Scheme 2023: Online application, eligibility, result, winner list and draw date
Yamuna Expressway Industrial Development Authority (YEIDA) has been instrumental in launching several plot schemes for residential, commercial and industrial ecosystems. YEIDA has introduced two new housing schemes in August 2023 offering residential flats and plots along Yamuna Expressway. Read on to know the process of applying for the latest Yamuna Expressway authority plots and flats schemes below.
Popularly known as the Yamuna Expressway Authority, the Yamuna Expressway Industrial Development Authority (YEIDA) has been working towards establishing the sectors adjoining the expressway. Taking cognisance of the strategic importance of the Expressway, the authority has introduced two new housing schemes in August 2023. The flat scheme comprises 468 flats, whereas the plot scheme comprises 1,184 plots of 120-2,000 sq m. Read on to know more about them.
The YEIDA plot scheme 2023 has been planned, witnessing the demand in the region, courtesy of the under-construction Jewar Airport. Leveraging on the popularity and estimated growth associated with this airport, Yamuna Expressway Authority is hopeful to also come up with new schemes for individual residential plots, industries, petrol pumps, milk booths, and vending zones.
Yamuna Expressway Authority: New BHS Scheme (August 2023)
YEIDA has launched a new BHS flat scheme on August 2, 2023. The scheme consists of 468 flats in Sector 22D, Yamuna Expressway. The 2 BHK flats are situated in Sector 22D along the Yamuna Expressway with a carpet area of 696.64 sq ft. The approximate flat pricing is Rs 42 lakh, and the structure has a stilt parking with 16 floors. The allotment of these floors will be on a ‘first come, first serve basis.’
The scheme has received a massive response within just 24 hours of its launch. Approximately 3,089 applications have already applied for the scheme out of which around 650 people have already paid a security deposit worth Rs 4.23 lakh, which is 10% of the property value.
YEIDA New BHS Scheme 2023: How to download the brochure?
The authority is charging a nominal amount of Rs 637 to download the brochure from the official website. To download the brochure, follow the below steps:
Step 1: Go to the official website
Step 2: Click on “New BHS Scheme 2023”
Step 3: Once you navigate to the next page, select “Prime BHS Flats- Apply Now” under Our projects.
Step 4: You will have to log in to see the details of YEIDA residential flats. Fill in your mobile number and verify it with the OTP received
Step 5: After logging in, the system will redirect you to the payment page.
Step 6: Download the BHS flats scheme brochure by paying a nominal feel of Rs 637 (including GST)
Step 7: By making the payment, you will be able to access the brochure
Yamuna Expressway Authority (YEIDA) Plot Scheme 2023: New Residential Plots Scheme (August 2023)
Apart from the BHS Scheme, YEIDA has also launched a new residential plots scheme on August 8, 2023. There are 1,184 plots available in 120 – 2,000 sq meters in Sectors 16, 17 and 20, Yamuna Expressway. The offering price for these plots is set at Rs 24,600 per sqm. The application process for the scheme has started, and the window will be open till September 1, 2023. The lucky draw is expected to happen on October 18, 2023.
Yamuna Expressway Authority (YEIDA) Plot Scheme 2023: How to download the brochure?
The authority is charging a nominal fee of Rs 500 plus 18 percent GST to download the brochure for YEIDA Residential Plot Scheme 2023. The interested parties will have to pay an amount of Rs 590 to either download the brochure or activate the form to apply online.
The below-mentioned process is to be followed to download the YEIDA plot scheme 2023-
Step 1: Visit the official website of YEIDA or click on the given link- https://www.yamunaexpresswayauthority.com/
Step 2: On the home page, click on ‘New Residential Plot Scheme- Apply Now.’ The page will be redirected to a new webpage where in you need to “Sign In” using your credentials or “Sign up” as a new user.
Step 3: The credentials will be shared over your email id. You can use your login credentials on the website
Step 4: The website will redirect to your personal dashboard, where you have to click on “Download Brochure/Activate Form.”
Step 5: Select the payment gateway to pay for activating the form or downloading the brochure and accept all instructions and terms and conditions to proceed further
Yamuna Expressway Authority (YEIDA) Plot Scheme 2023: How to apply?
Once the payment for the brochure is made, the form is activated on your personal account.
Step 1: Go to the official website
Step 2: On the home page, click on “New Residential Plot Scheme- Apply Now ”
Step 3: Sign in using your login credentials
Step 4: Select “Apply Online” from the main dashboard
Step 5: Fill in the form that appears on your screen with relevant information and documents. Then select “Submit”
Step 6: As you click on ‘continue,’ the next step is to pay the registration fee for the YEIDA plot scheme 2023
Step 7: Select the payment gateway and accept all instructions, terms and conditions to proceed
Step 8: The system will generate payment acknowledgement which you need to save for any future requirements
Note: You can also verify your payment by going back to the main dashboard and clicking on the ‘Verify Payment’ option
Yamuna Expressway Authority (YEIDA) Plot Scheme 2023: Eligibility criteria
- The applicant should be an Indian citizen and 18 years of age
- An applicant should not have been allotted a plot/flat earlier, in full or in part, on a leasehold or freehold basis by the Yamuna Expressway Industrial Development Authority
- Applicant, his/her spouse, or his/her dependent can apply for one plot only
YEIDA OTS Policy 2023
As per latest reports, the Yamuna Expressway Authority is planning to re-introduce the One-Time Settlement (OTS) Policy for the fourth time from August 1, 2023. The month-long program is expected to reduce the number of defaulters and earn the default amount stuck across various YEIDA plot schemes. Defaulters will be required to pay the default amount and the due instalments. Further, the penalty interest will be waived off.
The authority has previously conducted the OTS scheme thrice. If the due amount is up to Rs 50 lakh, the entire amount is required to be paid within 60 days of dispatching the demand letter. In case of an amount higher than Rs 50 lakh, the deadline is 90 days.
Earlier this year, the Yamuna Expressway Authority had listed over 10,300 defaulter allottees across various YEIDA plot schemes, who collectively owed around Rs 4,400 crore to the authority. To expedite payments from these defaulters, the authority in a board meeting decided to provide an OTS scheme. The scheme aimed to help the allottees save their properties and not lose out on them. This OTS policy also had a month-long window from March 1, 2023 till March 31, 2023.
As per Arunvir Singh, CEO, of YEIDA, the defaulting amount was calculated by adding a premium on future payable instalments to the default allotment money. The penalty interest on the default money was waived off. The timeline to clear the due amount was the same as the latest OTS policy.
How to apply for the YEIDA OTS scheme?
Follow this step-by-step guide to applying for the YEIDA OTS scheme-
Visit the official website of the Yamuna Expressway Authority (YEIDA)
- Hover the cursor on the ‘Citizen Services’ tab and click on ‘Citizen Portal/OTS System’
- You will be redirected to a new page to proceed ahead. You can access the page by clicking here
- If you have already registered yourself on the YEIDA website, then login to the portal by entering the Allotment Number and Password
- If you are new to the page, click on the ‘KYA for YEIDA Allottee (New Registration)’ option
- Enter basic details related to the allotment, scheme, and plot. Also, enter the mobile number and email address with which you had applied for the scheme
- Verify yourself with valid ID proof like Passport, Aadhaar Card, and PAN Card, among other documents. Also, upload your e-signature
- Click on ‘Submit’ and enter the OTP you will receive on your registered mobile number
- Once you have successfully logged in to the OTS portal, you will see the total payable amount and the deposited amount
- The site with then show you the due amount to be paid under the OTS scheme. It will show the processing fee and the OTS charge.
- These amounts will vary as per applicants based on the already paid amount and the scheme type
- Upload the bank receipts of the deposited amount in a PDF format
- Click on ‘Pay Now’. The portal offers six payment gateways to choose from
- Select the payment gateway of your choice. You can pay by any of the modes like NEFT/RTGS, Debit Card, Credit Card, Net Banking, and UPI
- Once you have paid the amount, you will be redirected to the OTS portal. You can download the payment slip from the site
YEIDA Non-residential Plot Schemes
The Yamuna Expressway Authority is once again attempting to popularise non-residential plots among investors YEIDA has announced plot schemes for the year 2023. Below are the details:
YEIDA non-residential plot scheme (June 2023)
The Yamuna Expressway Authority is once again attempting to popularise non-residential plots among investors. Hence, YEIDA has announced plot schemes for Medical Devices Park, Data Centre Park and Institutional Plots in June 2023.
Additionally, seven commercial plots are likely to be announced in Sectors- 29, 32 and 33 of Yamuna Expressway region. The authority aims to earn a combined revenue of around Rs 500 crore from the commercial scheme and currently approved YEIDA group housing project.
The Yamuna Expressway Authority also plans to launch a flatted factory scheme for aspiring entrepreneurs near the Jewar Airport. The scheme will not require any hefty investment from the applicants and the factories are expected to be ready for use in the upcoming 12 months. The YEIDA is likely to construct flatted factories on a 20,000 sq m plot in Sector- 28 Yamuna Expressway where the Medical Device Park has been established. Two more plots of sizes 18,000 sq m and 20,000 sq m in Sector- 29 Yamuna Expressway will be utilised to build factories.
The Apparel Park is already under construction in this sector. Under the scheme, 100 factories will be constructed in each of the two sectors, wherein each building will have four storeys. Once the currently proposed scheme is over, the YEIDA authority is likely to launch similar flatted factory schemes in Sectors- 32 and 33 of Yamuna Expressway.