YEIDA gets 1.12 Lakh Applications for 451 Housing Plots near the International Airport

The Yamuna Expressway Industrial Development Authority (YEIDA) launched a residential plots scheme during Diwali, and the response was 1.12 lakh applications for 451 residential plots in sector 24 A. This shows that buyers are willing to invest near the upcoming Noida International Airport.

YEIDA's statistics indicates that the Authority's home plot project brought in around Rs. 4,848 crore in income. On December 27, 2024, the draw will take place.The program ran from October 31 to November 30.

This is noteworthy since, before to its commercial operation in April 2025, Noida International Airport (NIA) carried out its first flight validation test on December 9.

Residential plots in five different sizes were introduced by YEIDA: 120 square meters (sq m), 162 sq m, 200 sq m, 250 sq m, and 260 sq m. There were 100 120 square meter plots available, 169 162 square meter plots, 172 200 square meter plots, six 250 square meter plots, and four 260 square meter plots. The cost of the plots is Rs. 25,900 per square meter.

48,266 applications were received for the 200 square meter plots, 36,523 for the 162 square meter plots, 24,063 for the 120 square meter plots, and 1,837 for the 250 square meter plots, according to the data. 1,333 people applied for the 260 square meter plots.

More than 200,000 people sought for plots close to Noida International Airport in Jewar when Yeida unveiled a 361-plot project in September. The plan is expected to go into effect on April 17, 2025. Plot sizes in the previous scheme ranged from 120 to 4,000 square meters, with prices of Rs. 29,500 per square meter.