|
Yamuna Expressway Plots |
|
Plots Schemes on Yamuna Expressway:
[Updated Mar 2024] Yamuna Expressway region is being developed by YEIDA (Yamuna Expressway Industrial Development Authority and it is an emerging area in recent years with upcoming Noida International Airport, Film City and several giant projects in thousands of acres. There were several schemes launched including Residential, Industrial and Institutional plots. We have tried to list these schemes below:
Note: There is a new Scheme going RPS 07 / 2023 launched on 8th Aug’ 23 where scheme closing date is on 1st Sep’ 2023 and tentative date of Draw is 18th October’ 2023.
Scheme Name Year Scheme Type Plot sizes (Sqm) Sectors Allotment Rate (per sqm) Total Plots RPS-01/ 2009 2009 Residential Plots 300, 500, 1000, 2000 & 4000 18 & 20 Rs. 4750/- 21000
RPS-02/ 2015 2015 Residential Plots 120 & 162 22 D Rs. 14250/- 900
RPS-03/ 2016 2016 Residential Plots 120, 162 & 200 17 Rs. 15620/- 1850
RRPS-03/ 2019 2019 Residential Plots 60, 90, 120, 162 & 300 17, 18, 20 & 22D Rs. 16870/- (upto 200 sqm) 911 Rs. 16550/- (above 200 sqm)
RRPS-04/ 2020 2020 Residential Plots 120, 162, 200, 300, 500 & 1000 17, 18, 20 & 22 D Rs. 16870/- (upto 200 sqm) 1079 Rs. 16550/- (above 200 sqm)
RPS-04/ 2021 2021 Residential Plots 60, 90, 120, 300, 500 & 17, 18, 20 & 22D Rs. 16870/- (upto 200 sqm) 440 1000, 2000 & 4000 Rs. 16550/- (above 200 sqm)
RPS-05/ 2021 2021 Residential Plots 120, 162, 200, 300, 500, 16, 17, 18, 20 & 22D Rs. 17800/- (upto 200 sqm) 416 1000, 2000 & 4000 Rs. 17400/- (above 200 sqm)
RPS-06/ 2022 2022 Residential Plots 60, 90, 120, 162, 200, 300, 500, 16, 17, 18, 20 & 22D Rs. 18510/- (upto 200 sqm) 477 1000 & 2000
RPS-07/ 2023 2023 Residential Plots 120, 162, 200, 300, 500, 16, 17 & 20 Rs. 26400/- 1184 1000 & 2000
Note: YEIDA Residential Plots Scheme Open date: 8th Aug’ 2023 Scheme close date was : 1st Sep 2023 Draw date was: 18th of Oct 2023 Scheme Code: RPS 07/2023
Current Circle Rate: Sectors Current Circle Rate Plots Size (In sqm) 22 D Rs. 25900/- 120 & 162 17 Rs. 25900/- 120, 162 & 200 18 Rs. 25900/- 60, 120 & 300 20 Rs. 25900/- 60, 120 & 300, 500, 1000, 2000 & 4000
Current Market Price (Resale Price): (Updated Mar 2024) Plot Size Sectors Resale/ Market (Approx) Plot Transfer Condition 60 sqm 18 Rs. 50000 per sqm Transfer only after Registry 90 sqm 18 Rs. 70000 per sqm Transfer only after Registry 120 sqm 17, 18, 20 & 22D Rs. 70000 per sqm Transfer only after Registry 162 sqm 17 & 22D Rs. 70000 per sqm Transfer only after Registry 300 sqm 18 & 20 Rs. 50000 per sqm Transfer even before Registry (Unregistered of 2009 allotment) 500 sqm 20 Rs. 55000 per sqm Transfer even before Registry (Unregistered of 2009 allotment) 1000 sqm 20 Rs. 45000 per sqm Transfer even before Registry (Unregistered of 2009 allotment) 2000 sqm 20 Rs. 40000 per sqm Transfer even before Registry (Unregistered of 2009 allotment) 4000 sqm 20 Rs. 40000 per sqm Transfer even before Registry (Unregistered of 2009 allotment)
Note: The market price or resale price keeps fluctuating in the market, the resale price depends upon multiple factors like: 1. Size (lower the size, higher the price) 2. Sector or Pocket location i.e. if plot is in developed pocket where roads, street light, sewerage, water pipelines work is completed, the prices will be higher. 3. The direction of the plot, In India the most people choose plot as per Vastu Shashtra where demanding direction is North East, East, North and North West, thus prices will be higher for plots facing these directions. The modern people loves East and South East direction because of Sun Facing. The South East direction is getting popular because the Sun is aligned in front during the winters in India. 4. Plot location if there wider road in front, if plot is park facing or the corner.
Investment Option: Plots on Yamuna Expressway are best investment as per today. The prices are expected to roar after Airport inauguration and Film City Development. This is right time to invest in these plots. After few years, these plots may not be affordable for many people where people who can buy today may enjoy good returns where multiple fold price hike is expected after few years.
Loans available on registered plots from all leading Banks
Scheme RPS 07/2023 FAQ (Frequently Asked Questions by our clients:) What is allotment rate in Scheme? Answer: Allotment rate in new Scheme RPS 07/2023 is Rs. 25900/- per sq meter - Pradeep
Can we Resale the plot after the draw? Answer: You cannot resale these plots immediately after the draw as registration of plots is mandatory. Once registry is done, you can resale it. The registration may take longer thus resale immediately is not possible - Pradeep
Can both Husband and wife can apply? Answer: Yes, Both Husband and wife can apply but only one plot will be allotted either to husband or wife, one has to surrender if both gets plots in draw - Pradeep
Can any person who was allotted a plot can apply? Answer: No, if any person has been allotted any property in YEIDA previously in draw cannot apply, neither his/ her spouse can apply. Though his brother, father, major son or daughter can apply. - Pradeep
Can any person apply who hold a plot already or who purchased a plot in resale can apply? Answer: Yes, if any person who haven’t allotted any property in YEIDA draw previously, can apply. It doesn’t matter if he purchased in resale and hold a property purchased in resale. - Pradeep
What are resale price in market for similar size of plots in market? Answer: The resale prices of 120 sqm & 162 sqm are approx 70,000/- onwards, the resale price of 300 sqm are approx Rs. 50000/- per sqm onwards, 500 sqm plots prices are approx Rs. 55000/- per sqm onwards, 1000 sqm and 2000 sqm prices are Rs. 40000/- per sqm onwards. You can also check our latest resale Prices on below Link - Pradeep
If we apply in a draw, when we will get our earnest money back if not allotted a plot? Answer: In general in past 3-4 years almost everyone get his/ her money back within 2 to 3 months though in broucher information written the maximum time is 1 year - Pradeep
Which payment plan is best to apply? Why? Answer: Anyone should apply in Payment Plan 1 (Down Payment) only, we strongly recommend it. In past several years the applicant in Down Payment Plan are coming more than number of plots, thus applications of other payment plans are not considered. - Pradeep
What is allotment Price/ Rate? What is lease rent amount? When to pay lease rent? Answer: Allotment Rate of the plots is Rs. 25900/- per sq meter. The lease rent will be charged additional 10% of plot price at the time of registry. - Pradeep
What is the best size to apply? Why? Answer: Anyone should apply in bigger size, I recommend to apply in 2000 sqm. If budget is less than 1000 or 500 sqm else go for smaller size. - Pradeep
Can we apply in joint name? Can friends or relatives can apply? Answer: Only immediate family members can apply in joint name like Husban/wife, brother sister, Father Son, Father daughter, Mother son, Mother daughter. Friends or relatives cannot apply. - Pradeep
Are these plots lease hold or freehold? How long is lease? What after lease expiry? Answer: These are lease hold plots and allotted for 90 years of lease. After lease expiry allottee can renew the lease. - Pradeep
What is the construction clause? Is there any time limit to build the house? Answer: There is time limit of 3 years after registry to build the minimum construction on the plot.
Is loan available on these plots? Answer: Yes, loans are available and ICICI bank is facilitating for loan as well as for application filling. Bank finance for applications as well. - Pradeep
SQUARE METERs Realtors Pvt. Ltd. Office Address :FF-33 & 34, 1st Floor, SNG Plaza, Ansal Golf Link 1, Greater Noida
No Brokers Please!!
To Sell your Property, Please Whatsapp or SMS PROP SALE on 9717452701 & receive call back. |
|
Follow SQUARE METERs Realtors Pvt. Ltd. on Twitter & Facebook to get all Property Updates |