YEIDA Plot Scheme 2026: Good news for buyers as the Yamuna Expressway Industrial Development Authority (YEIDA) has announced new plot schemes for housing projects and hotels near Noida International Airport.
The move comes as demand for homes and hotels in the area is growing after the airport became operational. YEIDA has put up 10 plots for group housing and another 10 plots for hotel projects.
According to Shailendra Bhatia, additional chief executive officer of YEIDA, demand for residential and hotel plots has increased since the airport started operations in June.
Where are the housing plots?
The group housing plots are spread across sectors 17, 18, 20 and 22D. Their sizes range from 11,513 square metres to 50,600 square metres, according to HT.
- Sector 17 has four plots. One plot is spread over 12,141 square metres, one is 20,335 square metres, and two plots are 11,513 square metres each.
- Sector 18 has one plot measuring 20,720 square metres.
- Sector 20 has one plot covering 25,000 square metres.
- Sector 22D has four plots. One measures 27,925 square metres, two are 45,700 square metres each, and the biggest plot measures 50,600 square metres.
YEIDA has fixed the rate for these housing plots at Rs 52,500 per square metre. The largest plot has a reserve price of Rs 265 crore, reported HT.
How can buyers apply?
People taking part in the bidding will have to pay a processing fee of Rs 5 lakh for each plot. They will also need to deposit 10 per cent of the required amount as earnest money.
The registration process started on September 25. The last date to submit applications is October 26 at 5 pm.
Officials said the names of applicants who meet the requirements will be announced on November 16. The final allotment of the plots will take place through an e-auction starting at 11 am on November 18.
YEIDA offers plots for hotels
YEIDA has also introduced a separate scheme for hotel projects near Noida International Airport.
Under this scheme, 10 plots are available, ranging from 3,100 square metres to 10,000 square metres in size. Six plots are in Sector 29 and four are in Sector 28.
The reserve price has been set at Rs 87,010 per square metre. This means the reserve price for a 10,000-square-metre plot will be around Rs 91 crore.
The deadline to apply for the hotel plots is October 24. The list of eligible applicants will be released on November 2. The e-auction will take place on November 4 at 11 am.
Applicants will have to pay 10 per cent as earnest money. They will then have to pay 40 per cent of the total plot price within 60 days of receiving the allotment, after adjusting the earnest money already paid.
The remaining 60 per cent will have to be paid over two years in four payments, made every six months.
An additional 5 per cent charge will apply if the plot is located on a corner. Another 5 per cent charge will apply to a plot facing a green belt.
A further 5 per cent charge will be added for a roadside plot facing a road that is 45 metres wide or more.
The plots will be given on a 90-year lease from the date the lease deed is signed.
There is no fixed height limit for hotel buildings under the scheme. However, because sectors 28 and 29 are close to Noida International Airport, the allowed building height is around 29 metres.
