Launch of housing plot scheme near Jewar airport site soon-YEIDA

The Yamuna Expressway Authority(YEIDA) plans to launch a residential plot scheme in sectors 17 and 22D near the upcoming international airport at Jewar by October this year.

Officials have been told to locate about 1,000 feasible plots ranging from 120 to 300 sqm in these two sectors.

GNIDA is also preparing to launch a built-up residential housing scheme in sectors Xu 1, 2 and 3 by the middle of this month.

“Work is underway to locate plots for the residential plot scheme in sectors 17 and 22D of the Yamuna Expressway area. Instructions have been given by the CEO to draw up the scheme for launch latest by early next month,” said an official from YEIDA.

GNIDA officials, meanwhile, said that their property department has made all preparations, including the brochure, for the residential housing scheme that is expected to be launched by mid-September.

For this, about 113 built-up buildings as well as plots, which had been left out of allotment earlier, have been identified by the Authority in sectors Xu 1, 2 and 3.

“Some 12 buildings of 200 sqm in Sector Xu 1, 16 buildings of 120 sqm in Sector Xu 2, and 85 plots of 120 sqm in Sector Xu 3 have been identified. The cost of a 120 sqm building will be around Rs 58 lakh while that of a 200 sqm building will be around Rs 82 lakh,” an official said.

“Allotment will be done on a first come first serve basis. Preference will be given to allottees opting to make a lump sum payment. There will also be an option to pay in instalments. The applicant will have to apply by paying 10% of the total cost and only through the online application process,” he added.

While the link to apply for the scheme will be available on the GNIDA website, the successful applicants will have to deposit 20% of the total amount within 60 days from the date of allotment.