Yeida Plot Scheme Draw Date 2024
October 10, 2024 – The much-awaited residential plot draw under the Yamuna Expressway Industrial Development Authority (YEIDA) Plot Scheme 2024 is set to take place today at the India Expo Centre in Greater Noida. This announcement has generated significant excitement among applicants, as the scheme offers plots in a prime location near the upcoming Noida International Airport.
Key Details of the YEIDA Plot Scheme
- Draw Date: October 10, 2024
- Location: India Expo Centre, Greater Noida
- Number of Plots Available: 361 residential plots
- Plot Sizes: Ranging from 120 sqm to 4,000 sqm
- Application Period: July 5, 2024 – August 23, 2024
Immense Demand for Limited Plots
The YEIDA Plot Scheme 2024 has witnessed overwhelming interest from the public. A total of 187,000 applicants registered for just 361 available plots, resulting in stiff competition. On average, there are 518 applicants competing for each plot, highlighting the intense demand for residential properties in the region. This high level of interest can be attributed to the strategic location of the plots near the Noida International Airport, which is set to become operational in April 2025.
Plot Details
- The plots vary in size, catering to different types of homebuyers. Options range from smaller 120 sqm plots to larger 4,000 sqm plots, providing flexibility for potential homeowners and investors.
- The plots are priced at Rs 29,500 per sqm, making them a lucrative investment opportunity for those looking to secure property in a fast-developing area near critical infrastructure like the Noida International Airport.
Ensuring Transparency
In light of the immense public interest, YEIDA has taken significant steps to ensure a transparent and fair draw process. A committee consisting of three retired high court judges has been appointed to oversee the draw. Additionally, the entire process will be live-streamed on social media platforms, allowing applicants to watch the proceedings in real time. This transparency measure helps maintain public trust and fairness in the allocation of plots.
Strategic Location and Future Prospects
The proximity of these residential plots to the Noida International Airport makes them highly attractive for both homebuyers and investors. With the airport expected to begin operations in April 2025, the area is poised for significant growth in terms of infrastructure, commercial development, and real estate value. For those who secure a plot, it represents not only a place to build their dream home but also a long-term investment opportunity.
Application Statistics (Quick Overview)
Total Applicants | Plots Available | Applicants per Plot |
---|---|---|
187,000 | 361 | 518 |
Conclusion[Yeida Plot Scheme Draw Date 2024]
As the draw date arrives, applicants are eagerly awaiting the results of the YEIDA Plot Scheme 2024. The residential plots near the Noida International Airport offer a rare opportunity for homeownership in a rapidly developing area. With transparent procedures in place, the draw promises to be a significant event for all participants. Successful applicants will not only gain ownership of prime real estate but also the potential for future value appreciation as the airport and surrounding infrastructure come to fruition.
For those who miss out on this opportunity, future schemes from YEIDA will be closely watched, especially with the development of the Noida International Airport transforming the region into a real estate hotspot.Yeida Plot Scheme Draw Date 2024][