Housing Scheme From Yamuna Authority Group 

Yamuna Expressway Industrial Development Authority has introduced a new housing scheme, bringing excellent news for residents of Delhi-NCR. This scheme is situated in sector 22-D of YEIDA, offering plots in close proximity to Jewar Airport, Buddh International Circuit, and the upcoming Medical Device Park near Jewar Airport. These plots not only connect to historical cities like Mathura, Agra, and Greater Noida but are also conveniently located near the Eastern Peripheral Expressway, linking western Uttar Pradesh to Delhi and Haryana.

Six plots will be available for sale, presenting a lucrative opportunity to generate revenue of approximately 450 crores from this housing scheme. The first registration will take place on May 20. Plot prices range from Rs 61.5 crore to Rs 135.3 crore, depending on the size and location. Bidding starts at Rs 30,750 per sq m and goes up to Rs 33,825 per sq m, with registration fees fixed at 10%. These group housing plots will be allotted through an e-auction scheduled on June 10, 2024.

To provide developers with easy payment options, YEIDA has also introduced a new payment method. Under this method, developers will pay sequentially within 90 days instead of the traditional way of payment where upfront payment is asked. This allows for better financial planning and reduces the burden of immediate payment, making the investment process more manageable.

Applicants are required to deposit 10% earnest money on the application. Successful bidders, determined through a transparent and fair e-auction process, must pay 40% of the total cost within 60 days of plot allotment. The remaining 60% must be paid in 10 half-yearly instalments over five years. 

This region, in close proximity to Delhi-NCR, offers excellent commercial and residential development growth. It is witnessing significant capital infusion by both the government and private sector, ensuring the security and growth of your investment. The superb connectivity of this region further solidifies its status as a must-invest place to secure your future.