YEIDA's New Housing Plot Scheme 2024: Detailed Overview of Prices, Plot Sizes, and Eligibility

Get a comprehensive look at YEIDA's new housing plot scheme for 2024, including detailed information on prices, plot sizes, eligibility criteria, and more.

Housing Plot SchemeYeidaPlot SizesEligibility CriteriaAffordable HousingReal EstateNov 02, 2024

YEIDA's New Housing Plot Scheme 2024: Detailed Overview of Prices, Plot Sizes, and Eligibility
Real Estate:The Yavatmal Economic Development and Infrastructure Authority (YEIDA) has announced a new housing plot scheme for 2024, designed to provide affordable housing solutions to the growing population. This scheme offers a range of plot sizes and prices, catering to various income groups and needs. Here’s a detailed overview of the key aspects of the scheme.

Introduction to YEIDA
The Yavatmal Economic Development and Infrastructure Authority (YEIDA) is a government body established to promote economic growth and infrastructure development in the Yavatmal district. YEIDA focuses on providing modern and affordable housing solutions, along with essential amenities, to improve the quality of life for residents.

Overview of the New Housing Plot Scheme 2024
YEIDA's new housing plot scheme for 2024 aims to address the increasing demand for residential land in the region. The scheme offers a wide range of plots, from small to large, to cater to different family sizes and income levels. The primary goal is to provide a transparent and fair distribution of plots, ensuring that all eligible applicants have an equal opportunity to secure a plot.

Plot Sizes and Prices
The scheme offers various plot sizes to accommodate different needs
- Small Plots (100-200 sq yds) Ideal for single or small families, these plots are priced at an affordable range starting from ₹3 lakh.
- Medium Plots (201-400 sq yds) Suitable for medium-sized families, these plots are priced between ₹5 lakh and ₹10 lakh.
- Large Plots (401-600 sq yds) Perfect for large families or those looking for more space, these plots are priced between ₹12 lakh and ₹20 lakh.

Eligibility Criteria
To apply for the new housing plot scheme, applicants must meet the following criteria
- Age Applicants must be at least 18 years old.
- Residency They must be residents of the Yavatmal district or have a valid residency proof in the neighboring districts.
- Income The annual income should not exceed ₹10 lakh for small and medium plots, and ₹15 lakh for large plots.
- No Existing Property Applicants should not own any residential property in the Yavatmal district.

Application Process
The application process for the new housing plot scheme is straightforward and can be completed online or through physical forms available at YEIDA offices
1. Online Application
- Visit the YEIDA official website.
- Click on the 'New Housing Plot Scheme 2024' link.
- Fill out the application form with the required details.
- Upload necessary documents such as proof of identity, residency, and income.
- Submit the application and make the application fee payment.
2. Physical Application
- Visit the nearest YEIDA office.
- Collect the application form.
- Fill out the form and attach the required documents.
- Submit the form along with the application fee.

Payment Options
Payment for the plots can be made through various modes
- Online Payment Credit card, debit card, net banking, and UPI.
- Offline Payment Bank draft, cheque, or cash at YEIDA offices.

Additional Benefits
Applicants who secure a plot through this scheme will enjoy several benefits
- Access to Basic Amenities Each plot will come with essential amenities such as water, electricity, and roads.
- Affordable EMI Options Flexible EMI options are available to make the payment process easier.
- Fast Approval Applications are processed quickly, and plots are allocated on a first-come, first-served basis.

Conclusion
YEIDA's new housing plot scheme for 2024 is a significant step towards ensuring affordable and accessible housing for the residents of Yavatmal. With a range of plot sizes and prices, as well as a transparent and fair application process, this scheme aims to provide a comfortable living environment for all eligible applicants.

FAQs
1. What are the minimum and maximum plot sizes available under the new scheme?
- The minimum plot size is 100 sq yds, and the maximum plot size is 600 sq yds.
2. What is the eligibility criteria for applying for a plot under the new scheme?
- Applicants must be at least 18 years old, residents of the Yavatmal district or neighboring districts, have an annual income not exceeding ₹10 lakh for small and medium plots and ₹15 lakh for large plots, and should not own any residential property in the Yavatmal district.
3. How can I apply for the new housing plot scheme?
- You can apply online through the YEIDA official website or physically at YEIDA offices. The application process involves filling out a form and submitting necessary documents.
4. What payment options are available for the plots?
- Payment can be made online through credit card, debit card, net banking, and UPI, or offline through bank draft, cheque, or cash at YEIDA offices.
5. What are the benefits of securing a plot under this scheme?
- Benefits include access to basic amenities, flexible EMI options, and fast approval of applications.

Frequently Asked Questions

What are the minimum and maximum plot sizes available under the new scheme?

The minimum plot size is 100 sq yds, and the maximum plot size is 600 sq yds.

What is the eligibility criteria for applying for a plot under the new scheme?

Applicants must be at least 18 years old, residents of the Yavatmal district or neighboring districts, have an annual income not exceeding ₹10 lakh for small and medium plots and ₹15 lakh for large plots, and should not own any residential property in the Yavatmal district.

How can I apply for the new housing plot scheme?

You can apply online through the YEIDA official website or physically at YEIDA offices. The application process involves filling out a form and submitting necessary documents.

What payment options are available for the plots?

Payment can be made online through credit card, debit card, net banking, and UPI, or offline through bank draft, cheque, or cash at YEIDA offices.

What are the benefits of securing a plot under this scheme?

Benefits include access to basic amenities, flexible EMI options, and fast approval of applications.

Related News Articles

Police Cracks Down on Gangsters: 151 Cases Registered in Recent Raids
real estate news

Police Cracks Down on Gangsters: 151 Cases Registered in Recent Raids

The Kerala police have intensified their efforts against gangsters involved in real estate, soil, and gravel quarrying activities, registering 151 cases in recent raids.

December 15, 2024
Read Article
Sonam Kapoor: The Glamorous Face of Runwal Properties
Real Estate Pune

Sonam Kapoor: The Glamorous Face of Runwal Properties

Bollywood actress Sonam Kapoor has been appointed as the brand ambassador for Runwal Properties, one of the leading real estate developers in MMR and Pune. Known for her elegance and grace, Sonam Kapoor will bring a new dimension to Runwal's luxury projects.

April 19, 2025
Read Article
Abhinandan Lodha's HoABL Enters Mumbai's Vertical Real Estate Market with Rs 3,500 Crore Projects
Real Estate Mumbai

Abhinandan Lodha's HoABL Enters Mumbai's Vertical Real Estate Market with Rs 3,500 Crore Projects

Abhinandan Lodha's House of Abhinandan Lodha (HoABL) is making a significant move into Mumbai's vertical real estate market with the launch of Rs 3,500 crore projects. This strategic expansion underscores the company's commitment to high-quality developments and its confidence in the city's growth potential.

April 23, 2025
Read Article
RBI Rate Cut to Revitalize the Real Estate Market in Bhubaneswar
real estate news

RBI Rate Cut to Revitalize the Real Estate Market in Bhubaneswar

The Reserve Bank of India (RBI) has announced a repo rate cut, which is expected to significantly boost the real estate sector in Bhubaneswar. This move is likely to lower borrowing costs, making it more attractive for homebuyers and investors.

April 10, 2025
Read Article
Vedanta Faced with ₹141.36 Crore GST Penalty for Ineligible ITC Claims, Plans Legal Action
Real Estate Mumbai

Vedanta Faced with ₹141.36 Crore GST Penalty for Ineligible ITC Claims, Plans Legal Action

Mumbai-listed Vedanta has been hit with two GST notices totaling ₹141.36 crore for claiming ineligible input tax credit (ITC). The company has expressed its intention to challenge the penalties legally.

February 8, 2025
Read Article
Indian Real Estate Sees Unprecedented Growth in Q2 2024 with $2.5 Billion Institutional Investments
Real Estate

Indian Real Estate Sees Unprecedented Growth in Q2 2024 with $2.5 Billion Institutional Investments

The Indian real estate market has witnessed a significant surge in institutional investments, with a total of $2.5 billion in Q2 2024, driven by foreign investments and domestic institutional and retail investor activity.

July 3, 2024
Read Article