YEIDA Plots Resale on Yamuna Expressway

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Pocket 7E, Sector 18, Yamuna Expressway (YEIDA)

Pocket 7E, Sector 18, Yamuna Expressway

 

 

YEIDA Residential Plots, Yamuna Expressway

 

[Updated Sep 24]

Pocket 7E in Sector 18 is located on near 130 meter wide ring road. This 130 meter wide road is going to be the main road of YEIDA City. There are several key pockets and sectors located on this YEIDA City ring road. There is wide green belt along the ring road and in front of 7E pocket. The development of 7E pocket is in fast pace. There are several plots demarcated and registered. 

 

Google Map Location - Satellite View of Pocket 7E:

https://www.google.com/maps/@28.3384302,77.5914078,1072m/data=!3m1!1e3!5m1!1e1?entry=ttu&g_ep=EgoyMDI0MDkxMC4wIKXMDSoASAFQAw%3D%3D

 

 

Allotment Rate & History of Pocket: This pocket is located in Sector 18. The plots were allotted at the rate of Rs. 4750/- per sq meter in year 2009. The cost of 300 sqm plot in year 2009 allotment was 14.25 lacs in down payment while cost was higher in other two plans because of payment plan interest. Also, the farmer compensation of 1330/- per sq meter was added later. These Plots were allotted in three payment plans:  a) Down Payment where 100% was deposited  b) 50-50 Plan where 50% payment was deposited and rest was adjusted in installments. C) 30-70 Plan where 30% payment was deposited and rest was adjusted in installments.

 

 Resale Prices : Resale price is between 65000 to 85000 per sqm.

 

Que:  What is One time lease rent? Does it affect registry cost? How much it is?

Answer: The one time lease rent is 10% of the allotment cost which is Rs. 142500/- for 300 sqm plot. The allottee need to submit this during the time of registry/ possession. Allottee will get offer of possession and notification for registry where he will be asked to submit this and get his registry done.  - Pradeep. 

 

Que. What is the cost of Transfer & Registry of these Plots?

Answer: The approximate cost of transfer & Registry of these plots is as below:

Transfer Charges = The transfer & Registry cost of these plots is Rs. 9 Lakhs approx. Where Transfer and Registry Charges are as below:

                                       Circle Rate = Rs. 25900/- per sq meter

                                       Transfer Charges = Rs. 2.55 Lakhs approx (Where a DD is required in favor of YIEIDA, Greater Noida of Rs. 1.95 Lacs)

                                       Registry Charges = Rs. 6.5 Lakhs approx (Where 7% stamp charges and 1% processing fees)

                                       *Rest of the charges are other miscellaneous charges along with lawyer fee.

 

The stamp and registry cost will increase if there are preferred location charges are 5% of the allotment rate for Corner, Park, Wide roads (18 meter, 24 meter and 45 meter road for each PLC). For one PLC charges are 5% extra, for 2 PLCs these are 10% and for 3 PLCs charges are 15% which is maximum.  - Pradeep.

 

*Please connect with our team for right cost of transfer & registry. The cost of transfer and registry varies if it was allotted directly, if someone purchased in resale, if it is allotted in later schemes after 2009 .Above is standard cost.

 

 

For getting Registry/ Lease deed done, Please Call/ Whatsapp 9717452701

 

Que:  What is the process of Possession?

Answer: The physical possession is given once Authority issue Possession Letter. It is issued after allottee submit all dues, clear outstanding and get his registry done. It is normally given after the registry is done.  - Pradeep.

 

Que:  What are option of Bank Finance in these plots in resale?

Answer: All nationalize Banks give loans in resale but only on registered Plots.  Mostly nationalize banks give bank loan up to 70% but ICIC and HDFC banks gives up to 90% of the agreement to sale value. Some national banks consider only circle rate value as well as agreement to sale value.  - Pradeep. 

 

Que:  What is the current status of development and progress in this Pocket ?

Answer: At Present approx 20% plots have been given possession where roads and development work for these plots is completed. - Pradeep.

 

Que:  What is the key advantage of this pocket?

Answer: There is commercial sectors 14 and 15 are adjacent to pocket L, there is commercial market planned nearby pocket L which will increase it’s value in future. Another advantage is it is nearby Sector 21 Film City and connected directly to film city via 45 meter road. Parks and roads are really big.

 

Que. Why YEIDA City is most popular in Delhi NCR and north India for Investment?

Answer: There are several upcoming and in progress projects on Yamuna Expressway which indicates that YEIDA is one of the best future cities of India.
1. Jewar International Airport - Spread over 13,000 acres of land

2. Around 1.5 lakh crore investment and 6+2 runways (Will create 1 lakh+ jobs)
3. Budh international circuit - 874 acers
4. Patanjali food park - 430 Acre
5. Electronic city it park - 200 Acre
6. Lava - 2,000 crore invested in 100 acres
7. Vivo - 7,000 crore invested in 169 acre will create 60,000+ jobs
8. Film city - 10,000 crore investment in 1,000 acres of land creating India’s biggest film city
9. Furniture park - 300 acres
10. Textile park - 150 acres will create 5 lakh plus employment in which 90% will be reserved for women
11. Handicraft park - 403 crore investment in 50 acres will create 22,000 jobs
12. Leather manufacturing park - 4,000 crore investment in 100 acres will create 50,000 jobs
13. Commando training Centre - 3 acres
14. Handloom cluster - 5,000 crore investment in 300 acres
15. Toy city - 1,000 crore investment in 100 acres creating 50,000 jobs
16. Metro coach factory - 1,200 crore investment in 20 acres will create 10,000 jobs

 

 

Que. What appreciation is expected for YEIDA Plots, What could be the price after 3, 5 or 10 years?

Answer: Yamuna Expressway region is one of the best investment zone. YEIDA Authority Plots are premium plots and are best with very low maintenance. The wider roads and big parks and greenery all around make this infrastructure best among other builder’s project. The big project plans like Airport construction, Industrial development are under construction and in progress where work in progress for many several projects like film city, metro, high speed train, airport metro, connectivity of Eastern Peripheral with Yamuna Expressway. Keeping all these things in mind, I don’t see any other region better than this. I expect 50% to 100% appreciation in next 2 to 3 years, in next 5 years, it could be 150% and in next 10 years, it could be 300% to 400% - Pradeep

 

For Resale of plots in this Pocket , Please Whatsapp or call 9717452701

 

 

SQUARE METERS Realtors Pvt. Ltd.

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Office Address :FF- 34, 1st Floor, SNG Plaza, Ansal Golf Link 1, Greater Noida

 

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To Sell your Property, Please Whatsapp or SMS PROP SALE on 9717452701 & receive call back.