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YEIDA Plot Scheme Money Refund : Benefits, Eligibility And How To Apply

The Yamuna Expressway Industrial Development Authority (YEIDA) launched the YEIDA Plot Scheme Money Refund 2024 project with the goal of giving applicants for different plot schemes their money back. An applicant may withdraw their deposit under this plan if they are unable to proceed with the purchase of the plot or have personal reasons for doing so. To begin the refund procedure, applicants must submit a formal application and the necessary supporting documentation. In order to ensure prompt reimbursement, refunds are usually processed within a certain timeframe. In this article you get every necessary information regarding this scheme such as benefits, objectives, eligibility, documents and how to apply.

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YEIDA Plot Scheme Money Refund

The Yamuna Expressway Industrial Development Authority introduced the YEIDA Residential Plot Scheme RPS-08/2024 on July 5, 2024, giving individuals the opportunity to purchase residential plots in the rapidly expanding Yamuna Expressway sector. The plots are available in sectors 16, 18, 20 and 22D and range in size from 120 to 4,000 square meters. The plots will be distributed by a fortunate draw to maintain equity.

An approximate cost of Rs. 25,900 per square meter is anticipated. The goal of this plan is to fill the remaining residential plot possibilities along the Yamuna Expressway in different areas. These plots are a wise investment because of the area’s near proximity to important developments like Film City and Noida International Airport.

Overview Of YEIDA Plot Scheme Money Refund

Name of the ArticleYEIDA Plot Scheme Money Refund
AuthorityYamuna Expressway Industrial Development Authority
BeneficiariesCitizens
ObjectiveTo give applicants who want to withdraw from the plot scheme a refund
Draw date10 October 2024
Draw time10:00 Am
LocationSectors 16, 18, 20, and 22D in the Yamuna Expressway Region
Application ModeOnline
Official websitewww.yamunaexpresswayauthority.com

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Money Refund Duration Under YEIDA Plot Scheme

Refunds are frequently processed less than a year after the application is filed under the scheme. Nonetheless, in an effort to expedite the process, the authority has discovered that the majority of payments are completed in less than two months. The refund process is efficient and easy to use because of the prompt response, which ensures that applicants will get their money returned as soon as possible.

Objective Of YEIDA Plot Scheme Money Refund

The primary goal of the scheme is to reimburse applicants for different plan concepts.

Important Dates

  • Launch date: 5 July 2024
  • Application submission period: until 31 march 2025 or until all units are allotted
  • Release date final list: 3 October 2024
  • Draw date: 10 October 204 at 10:00 am
  • Draw venue: India Expo Center & Mart, Greater Noida, Uttar Pradesh

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How To get Your Money Refund

  • Submit your surrender application to the appropriate authority to start the refund procedure.
  • You have to wait for 90 days following the submission of your application for the authorities to provide a written acceptance of your surrender.
  • Get the money back based on the application that was accepted.

Why YEIDA Refunds The Money

  • Refunds will be given to unsuccessful applicants.
  • If the registration fee is paid less than a year before the draw, it will be returned without interest.
  • If an uncontrollable occurrence causes a delay of more than a year, the authority will return deposits plus 4% simple interest.
  • Plot surrenders allow allottees to get a return, plus interest.
  • An applicant’s registration fee is returned without interest if they break any application requirements.

Check Money Refund Status

  • Email at queries@yamunaexpresswayauthority.com.
  • Phone at +91 9871964919 r email at yeida.helpdesk@medhaj.com.

Contact Details

  • Address: Yamuna Expressway Industrial Development Authority (A Govt. of U.P. Undertaking) First Floor, Commercial Complex, P-2, Sector- Omega I, Greater Noida, Gautam Budh Nagar, Uttar Pradesh PIN code: 201308
  • Phone Number: +91.120.2395153/7/8, 2395152, 2395157 (Monday to Friday at 9:30 Am to 6:00 Pm) Fax: +91.120.2395150
  • Email ID: queries[at]yamunaexparesswayauthority.com

FAQ’s

Que- What is the YEIDA Plot Scheme RPS-08/2024?

Ans- The Yamuna Expressway Industrial Development Authority offers mid-income people residential plots in the Yamuna Expressway region under the YEIDA Plot Scheme RPS-08/2024.

Que- How does the refund procedure work?

Ans- It usually takes less than a year to complete refunds after a surrender application is submitted.

Que- What interest rate applies for refunds?

Ans- Interest rates might range from 4% to higher, depending on the cause for the return.

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