The Yamuna Expressway Industrial Development Authority (YEIDA) recently announced a new scheme for residential plots close to the proposed location of the Noida International Airport (Jewar Airport), expected to be launched in January 2026. This is expected to draw a huge response not only from homebuyers but also from investors.
This is a blog post that gives a detailed and clear overview of the scheme, important aspects of the scheme, details of reservation, and implications of this scheme on interested residential plots close to the airport.
The new scheme launched by YEIDA has proposed a total of 973 residential plots across prime sectors near the airport, which are Sectors 15C, 18, and 24A.
These will then be divided into plots of varying sizes:
The mixture allows for the participation of many buyers with diverse needs, ranging from investment to family homes and future development.
Reservation Quota:
The interested applicants have to deposit 10% of the plot cost as registration money, and in return, their names will be included in a lucky draw for plot allotment.
The window for registration will be one month, after which the lucky draw will be held, and allotment letters will be issued. Only thereafter will possession of the plots be offered to the successful applicants.
The following are some of the benefits that have been discussed in property market circles:
This residential plot scheme by YEIDA near Jewar Airport could, therefore, be a once-in-a-lifetime opportunity for homebuyers and investors alike. Sufficed with reservation categories, transparency in the lucky draw system, and strong development of infrastructure around the plots, industry experts have opined that demand and the rise in value of the plots would work out phenomenally.
This development thus provides a long-term growth corridor, aligned with infrastructure-led urban expansion, for global investors such as ERM Global Investors. Since the firm also focuses on emerging markets, such authorized projects are one potential asset class to consider in diversified investment portfolios.
Q1. When will the residential plot scheme be launched?
Ans: The scheme is expected to be launched in January 2026 after obtaining registration from UP Real Estate Regulatory Authority (UPRERA).
Q2. How many plots are available in the scheme?
Ans: As many as 973 residential plots have been offered across several sectors that lie close to Jewar Airport.
Q3. Is there any reservation for certain groups?
Ans: Yes. Farmers with land acquired: 17.5%, industrialists with functional units: 5%, and the rest is for the general public: 77.5%.
Q4. How are plots allotted?
Ans: The plots would be allotted through a lucky draw system, and the applicants have to deposit 10 percent registration money to participate.
Q5. Are residential plots near the airport a good investment?
Ans: With the rapid infrastructure development and strategic location, plots are widely expected to appreciate over time.
Comments