YEIDA Plot Scheme: Eligibility, Process, Benefits & Draw Date

The plot scheme introduced on September 7, 2022, has received a positive response from the Yamuna Expressway Industrial Development Authority (YEIDA). As of the last day for submission of applications, over 85,000 purchasers had submitted 477 residential plot applications. On November 18, 2022, there will be an online lottery draw. The YEIDA plot scheme 2022.

What is YEIDA Plot Scheme 2022?

Plots are available under the YEIDA Plot Scheme for institutional and YEIDA industrial plot scheme 2021 use. A residential real estate project YEIDA is getting ready to launch will sell plots in Noida sectors 16, 17A, 18, 20, and 22D. 477 plots totaling 60 to 90 to 120 to 162 to 200 to 300 to 500 to 1000 to 2000 square meters are available under this proposal. The plots in the current proposal range from those that were entirely new to those that were carried over from the earlier plans and also many properties in Noida. Online applications for the program are accepted between September 7 and October 7, and the allocation will be done on November 15 by a draw.

Application Process for YEIDA Plot Scheme 2022?

Please start by visiting the official website.

Once you locate the legitimate website, the homepage will show up on the screen.

By selecting the "Register Here" option located on the homepage, you can register.

A new window will appear with the "Entrepreneur Registration" page on it.

Fill out the text boxes that are displayed as required fields, such as "business information."

Pick the provided button to sign up.

You can then expect a smooth registration process.

Once you have clicked the log-in button, you will be prompted to enter your login information and choose a scheme from the dashboard. Then, a screen with an application form will appear for you to complete.

Your personal information, which is displayed on the provided form, as well as other information requested by the application form must be provided.

Pick Save & Next if you want to go further.

Your application form submission will go through successfully.

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Eligibility Criteria YEIDA Residential Plot Scheme

Only applicants who meet the requirements for the following points may enrol in the YEIDA residential plot scheme 2022:

● The candidate must be an Indian national to be considered.

● The applicant should never have been allocated any additional plots or apartments in the past.

● To be considered, an applicant must be legally capable of entering into a contract, have a sound mind, and not be prohibited from conducting business by any applicable laws.

● The applicant needs to be older than 18 years of age.

● The only people who may apply for a plot or flat are the applicant, their spouse, and any dependent children.

Other eligible parties include the following

● a recognized partnership firm is required.

● Applicants may be registered trusts.

● Ownership companies are eligible to apply.

● Applicants may be registered societies.

● The structure of a limited liability partnership is an option.

● Applicants may be private limited corporations.

● Public sector organizations are eligible.

● Applicants may be public limited companies.

● Governmental OR semi-government endeavor.

Benefits of the YEIDA Plot Scheme

Because the plots will be close to the airports by the YEIDA plot scheme 2021, there will be an excellent opportunity for existing businesses to grow.

● Plot purchases can be made using one of three methods of payment. Three payments are convenient since those applying for the plan may do so with a total direct payment or with installment payments.

● The participants of this scheme will be offered leases with terms of 90 years each.

● Over 90 years, there have been many prospects for business expansion; as a result, individuals who apply for the plot will benefit greatly from it.

● Only four of the 2,000 square meter plots, eight of the 1,000 square meter plots, and five of the 500 square meter plots are still available.