
The Yamuna Expressway Industrial Development Authority (YEIDA) will launch a new residential plot scheme for Diwali 2024, featuring 821 plots in Sectors 18 and 24A near the upcoming Noida International Airport. YEIDA officials noted that this scheme focuses on smaller plots to meet increasing demand. The brochure for these plots is already complete.
New Scheme Responds to High Demand
YEIDA’s decision to introduce this scheme comes after a strong response to its September plot offering, which saw over 200,000 applicants for just 361 plots in the airport vicinity. The new scheme offers plots of different sizes in Sectors 18 and 24A to accommodate the high interest in residential land near the expanding airport area.
YEIDA Diwali Plot Scheme Application Period
Applications for this scheme will be open from October 31 to November 30, 2024.
YEIDA Plot Scheme Draw Date
The draw to allocate plots is set for December 27, 2024.
“Fulfilling Demand for Airport-Adjacent Housing”
“We are launching this plot scheme due to the large demand for residential land near the airport,” stated Arun Vir Singh, YEIDA’s Chief Executive Officer, to HT. “It’s a great chance for buyers looking to build homes near Noida airport.” Singh also mentioned that the scheme has been registered with the Uttar Pradesh Real Estate Regulatory Authority (UP RERA), confirming all necessary approvals for the Diwali launch.
Plot Sizes and Distribution
This scheme offers plots in four sizes: 120, 162, 200, and—for the first time—250 square meters. Sector 24A will provide 344 plots, while Sectors 18’s Blocks 9A and 9B will feature 477 plots.
Rising Demand in YEIDA’s Area
The area around Noida International Airport, which also includes a planned international film city, has become a major draw for homebuilders.
Expected Opening of Noida International Airport
With the airport expected to open by April 2025, many buyers see this as a key investment opportunity in a growing urban area near the airport.
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