YEIDA Plot Scheme 2023: How to Apply, Who’s Eligible, and What’s New

The Yamuna Expressway Industrial Development Authority has shared details about offering apartments in New Delhi and Noida. This plan started on June 30, 2022, and it’s creating significant opportunities for plots.

On September 7, 2022, YEIDA got an update, and they’ve introduced new rules. In this article, we’ll explain the requirements to qualify and how to apply for the YEIDA Plot Scheme 2023. We’ll also keep you informed about any recent scheme updates.

YEIDA Plot Scheme 2023: Get Ready for New Plots in Greater Noida

YEIDA is set to launch a residential property project, offering 477 plots in Greater Noida sectors 16, 17A, 18, 20, and 22D. These plots range from 60 to 2000 square meters.

You can apply online from September 7 to October 7, and we’ll choose plot allocations through a draw on November 18.

To apply, applicants must deposit 10% of the plot’s total cost on the Authority’s website, with various payment options available.

Preference will be given to those making a single payment. Next in line are those who pay in 50:50 instalments, and lastly, those who choose the 30:70 payment plan.

YEIDA Plot Scheme Overview

  • Scheme Name: YEIDA Plot Scheme
  • Administered by: Yamuna Expressway Industrial Development Authority
  • Intended for: Residents of Uttar Pradesh
  • Total Available Plots: 477

Benefits of the YEIDA Plot Scheme

  • Business Expansion Opportunity: These plots’ proximity to airports offers an excellent chance for existing businesses to grow.
  • Flexible Payment Options: Buyers have three payment choices, making it convenient for those applying for the scheme to pay either in full or in installments.
  • Long Lease Period: Successful applicants will receive a lease for ninety years, providing ample opportunities for company expansion over this extended period.
  • Limited Availability: There are only four plots of 2,000 square meters, eight of 1,000 square meters, and five of 500 square meters, making these plots a valuable and limited opportunity.

Eligibility Criteria for the YEIDA Residential Plot Scheme

To be eligible for the YEIDA scheme, applicants must meet the following criteria:

  • Indian Citizenship: Applicants must be Indian citizens.
  • No Prior Plot or Apartment: Applicants should not have received any other plots or apartments previously.
  • Legal Capacity: Applicants must have the legal capacity to contract, possess a clear legal status, and not be prohibited from engaging in business by relevant laws.
  • Age Requirement: Applicants must be at least 18 years old.
  • Limited Eligibility: Only the applicant, their spouse, and dependent children are eligible to apply for a plot or apartment.

Entities Eligible to Apply

Apart from individuals, the following entities are also eligible to apply:

  1. Registered Partnership Firms
  2. Registered Trusts
  3. Proprietorship Firms
  4. Registered Societies
  5. Limited Liability Partnerships (LLPs)
  6. Private Limited Companies
  7. Public Sector Undertakings (PSUs)
  8. Public Limited Companies
  9. Semi-Government or Government Undertakings

Required Documents for YEIDA Plot Scheme Application

You will need the following documents for registration:

Personal Identification:

  • Aadhar card
  • Mobile Number

For Registered Society:

  • Memorandum of Association
  • Registration Certificate

For Partnership Firm:

  • Partnership deed
  • Forms A and B issued by the Firm Registrar

For Company:

  • Memorandum of Association & Articles of Association
  • Incorporation Certificate issued by the Companies Registrar

For Limited Liability Partnership (LLP) Firm:

  • LLP Agreement
  • Incorporation Certificate from the Ministry of Corporate Affairs

For Trust:

  • Deed of Registered Trust
Video Credit : NoBroker.com

How to Apply Online for the YEIDA Plot Scheme

Follow these simple steps:

  • Visit the official website.
  • Once on the homepage, click “Register Here.”
  • A new page named “Entrepreneur Registration” will open.
  • Fill in the required details, including company information, in the provided text boxes.
  • Click the registration button to proceed smoothly.
  • After registration, log in with your credentials and select a scheme from the dashboard.
  • Complete the application form with the requested information, including your details.
  • Click “Save & Next” to continue.
  • Your application submission will be successful.

Checking YEIDA Plot Scheme Draw Results

  • Log in to your account.
  • Click on the provided link to access the draw result information list on the official website.
  • From the drop-down menu, select the scheme of your choice.
  • Opt for the “Draw Result” option from the menu.
  • You can then review the complete list of winners.