Yeida to launch 2 residential plot schemes near Noida airport during Navratri
Exciting news for home seekers! The Yamuna Expressway Industrial Development Authority is gearing up to unveil two new residential plot schemes aimed at low-income groups and the general public. Strategically located near the Noida International Airport, these initiatives come on the heels of a previous successful allotment of 973 plots, though prior applicants will not qualify this time around.
Yeida plans to launch two residential plot schemes near Noida airport during Navratri in October, aiming to meet the increasing demand for housing in the area. The schemes will be situated in Sector 5-A, close to the newly operational Jewar Airport. One scheme will be specifically for the low-income group, offering plots of 40 square meters, while the other will cater to the general public with plot sizes ranging from 162 to 300 square meters.
To maintain fairness, applicants who have previously received a residential plot under any previous Yeida scheme run by Noida Authority, Greater Noida Authority, or Yeida will not be eligible this time. Shailendra Bhatia, Yeida's additional CEO, stated that the Authority is finalizing the details of the scheme and the exact number of plots will be announced shortly.
The current allotment rate for residential plots in the Yamuna Authority region is Rs 36,260 per square meter. This announcement follows a similar initiative by Yeida, which recently allotted 973 residential plots through a lucky draw near the airport in June. The surge in interest can be attributed to the improved air connectivity, enhanced logistics infrastructure, and the promise of robust industrial and commercial growth in the region.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.