What is the cost of a plot scheme in YEIDA?

Plot scheme in YEIDA The Yamuna Expressway Industrial Development Authority (YEIDA) is responsible for the development and allocation of residential, industrial, institutional, and commercial plots along the Yamuna Expressway region. The cost of a plot scheme in Yamuna Authority Plots YEIDA varies depending on several factors such as the type of plot (residential, industrial, or commercial), its location within the region, size, and the specific scheme under which it is being offered.

1. Residential Plot Schemes

Yamuna Expressway  Residential plots are among the most sought-after categories in plot scheme in YEIDA due to their proximity to major infrastructure projects like Jewar Airport and the Yamuna Expressway. The cost for residential plots typically depends on their size and location.

Plot Sizes: plot scheme in YEIDA Residential plots are generally available in sizes ranging from 60 square meters to 4000 square meters.
Rates Per Square Meter: As of recent updates (2023), residential plots are priced between ₹75,500 per square meter to ₹85,600 per square meter. These rates can vary based on whether the plot is located near key infrastructure or falls under a premium zone.
Example Costs:
A 300-square-meter plot at ₹80,000 per square meter would cost ₹2.40 cr.
A smaller 120-square-meter plot at ₹80000 per square meter would cost approximately ₹1.80 cr.

2. Industrial Plot Schemes

YEIDA also offers industrial plots aimed at promoting manufacturing and other industries in this region. These schemes are particularly attractive due to incentives provided by YEIDA for businesses.

Plot Sizes: Industrial plots range from smaller units of 300 square meters to larger ones exceeding 10,000 square meters.
Rates Per Square Meter: Industrial land prices range from approximately ₹66,670 to ₹7,5000 per square meter depending on location and proximity to infrastructure like highways or airports.
Example Costs:
A medium-sized industrial plot of 1000 square meters priced at ₹7,000 per square meter would cost around ₹70 lakh.
3. Commercial Plot Schemes
Commercial plots are offered for retail outlets, office spaces, and other business purposes. These tend to be more expensive than residential or industrial plots due to their high demand.

Plot Sizes: Commercial plots typically range from small units (50–200 square meters) to larger spaces exceeding 1000 square meters.
Rates Per Square Meter: Prices for commercial land start at around ₹930,000 per square meter and can go up significantly based on location.
Example Costs:
A small commercial plot of 200 square meters priced at ₹85,000 per square meter would cost approximately ₹1.80 cr.
4. Factors Influencing Cost
Several factors influence the pricing of these schemes:

Proximity to Jewar Airport: Plots closer to Jewar Airport command higher prices due to expected economic growth in that area.
Infrastructure Development: Areas with better connectivity via roads or metro lines have higher rates.
Scheme-Specific Discounts: Occasionally YEIDA announces discounts or special rates under specific schemes aimed at promoting investment in certain zones.
5. Payment Plans

YEIDA often provides flexible payment plans for buyers:

plot scheme in YEIDA Buyers may pay an initial deposit (typically around 10%–30%).

The remaining amount can be paid through installments over several years with interest rates determined by YEIDA policies Godrej Plots in Sonipat .