YEIDA Built-Up Housing Scheme BHS-10/2024 How to Apply, Last Date and More

YEIDA Built-Up Housing Scheme BHS-10/2024

The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a significant opportunity for prospective homebuyers with its “Built-Up Housing Scheme – Choose Your Own House” in Sector 22D, along the Yamuna Expressway. This scheme offers 1BHK and 2BHK flats at affordable rates, making it an attractive proposition for families, individuals, and investors. Here’s everything you need to know to apply successfully.

Important Links

Also Read [Yamuna Expressway Master Plan 2041 Download Links]

Key Features of YEIDA Built-Up Housing Scheme BHS-10/2024

• Launch Date: September 19, 2024
• Closing Date: March 31, 2025, or until all units are sold
• Project Location: Sector 22D, Yamuna Expressway
• Unit Types: 1BHK and 2BHK flats
• UPRERA Registration No: UPRERAPRJ8647

Types of Flats Available

YEIDA offers three types of units under this scheme:

1. 1BHK Affordable Units:
   • Super Area: 29.76 sqm
   • Carpet Area: 21.62 sqm
   • Price Range: ₹20.72 – ₹23.37 lakh (depending on the floor)
   • Earnest Money Deposit (EMD): ₹2,07,200 – ₹2,33,700 based on the selected floor.
2. 1BHK Flats (S+4 Configuration):
   • Super Area: 54.75 sqm
   • Carpet Area: 36.97 sqm
   • Price: ₹33.05 lakh
   • EMD: ₹3,30,500
3. 2BHK Flats (S+16 Configuration):
   • Super Area: 99.86 sqm
   • Carpet Area: 64.72 sqm
   • Price: ₹45.09 lakh
   • EMD: ₹4,50,900

Also Read [UP Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2024]

Location Advantages of YEIDA Built-Up Housing Scheme BHS-10/2024

Sector 22D is strategically located along the Yamuna Expressway, making it an ideal choice for connectivity to major hubs such as Noida, Greater Noida, and Jewar Airport. With the rise of infrastructure and industrial developments in the region, the location promises immense future potential for appreciation and quality living.

Payment Plans and Financing Options for YEIDA Built-Up Housing Scheme BHS-10/2024

YEIDA offers two flexible payment plans to suit the financial capabilities of the applicants:

1. One-Time Payment Plan:
   • Pay 100% of the total flat premium within 60 days from the date of the Letter of Intent (LOI). A discount of 2% on the flat premium is provided under this plan.
2. Installment Plan:
   • Pay 30% of the total premium (10% as EMD + 20% allotment money) within 30 days of the LOI. The remaining 70% can be paid in 10 equal half-yearly installments over five years with a 10% annual interest rate on the outstanding balance.

Maintenance and Other Costs

1. Maintenance Corpus: A maintenance corpus is collected for the upkeep of the complex for the first two years, after which the Apartment Owners Association (AOA) will take over. The amount to be deposited is as follows:
   • 1BHK Affordable Unit: ₹50,000
   • 1BHK (S+4): ₹1,00,000
   • 2BHK (S+16): ₹1,50,000
2. Location Charges: Additional charges based on the floor of the selected unit. For instance, first and second-floor units of the multistorey flats will have location charges of ₹1,07,489.
3. Car Parking: Optional parking space is available for an additional ₹1,00,000. Parking spaces will be allotted via a lucky draw system.

Eligibility Criteria for Applicants for YEIDA Built-Up Housing Scheme BHS-10/2024

To be eligible for the YEIDA housing scheme, the following conditions must be met:

• The applicant must be an Indian citizen, at least 18 years of age, and competent to contract.
• Applicants who already own residential plots or flats in YEIDA schemes are not eligible.
• Applicants can apply jointly with an immediate family member (mother, father, sibling, spouse, or child).

There are also reserved categories for farmers whose land was acquired for YEIDA’s development projects and for persons with disabilities.

Allotment Process: First Come, First Serve

The scheme follows a first-come, first-serve basis, allowing applicants to choose their preferred flat. Upon selecting a flat, a temporary reservation is made once the required fees are deposited. If any discrepancy is found during the verification process, the allotment may be canceled, and the deposit forfeited.

How to Apply for YEIDA Built-Up Housing Scheme BHS-10/2024

Prospective applicants can follow these steps:

1. Online Application: Visit the official YEIDA portal to register and submit your application. You will need to upload key documents such as your Aadhaar card, PAN card, and passport-size photograph.
2. Selection of Flat: Once registered, select your preferred unit type, floor, and sector.
3. Payment of Registration Fee: After selection, applicants must pay a non-refundable registration fee of ₹600 and 10% of the flat premium as Earnest Money Deposit (EMD).

Important Dates and Timelines

• The scheme is open from September 19, 2024, to March 31, 2025, or until all flats are allotted.
• The Letter of Intent (LOI) will be issued once the application is processed.
• The allotment money (30% of the total premium) must be paid within 30 days of receiving the LOI.

Benefits of Investing in YEIDA Flats

1. Future Growth Potential: With the rapid development of infrastructure and the upcoming Jewar Airport, this region is poised for growth. Property values are expected to appreciate significantly.
2. Affordable Housing: The scheme offers affordable housing in a prime location, making it an ideal option for first-time homebuyers and investors.
3. Flexible Payment Options: YEIDA’s installment plan makes it easy for applicants to own a home without immediate financial strain.

Contact Information for Queries

For any technical or scheme-related queries, applicants can contact the following:

• Helpline Numbers: 9106196864, 7016716557
• Email: apurva@procure247.com, karan@procure247.com

Applicants are encouraged to visit the official YEIDA Built-Up Housing Scheme page for detailed instructions, downloadable brochures, and application forms.

Apply now to book a flat in YEIDA scheme

The YEIDA Built-Up Housing Scheme provides an excellent opportunity for homebuyers to secure affordable homes in a rapidly developing area. With flexible payment options, strategic location, and modern amenities, this scheme is designed to meet the needs of prospective homeowners and investors alike.