The Yamuna Expressway Industrial Development Authority (YEIDA) plans to launch an affordable housing project providing 6,500 residential plots in sectors bordering the upcoming Noida International Airport. The bulk of plots (6,000) measuring 30 sqm each are priced at INR 8 lakhs to promote home ownership among lower-income groups. A further 500 larger plots from 200-4,000 sqm will be allotted via lottery following guidelines. The scheme aims to enable housing for all socioeconomic classes as the airport area expands. Launch is scheduled post-elections once final approvals are in place.
The Yamuna Expressway Industrial Development Authority (YEIDA) plans to launch an affordable housing scheme near the upcoming Noida International Airport. The project aims to provide housing opportunities for the lower- and middle-income segments of society.
Under the scheme, YEIDA will develop 6,500 residential plots across different sizes. The majority of plots (6,000) will measure 30 square meters each and are expected to be priced around INR 8 lakhs. This is intended to make home ownership feasible for those with more modest budgets.
In addition, there will be around 500 larger plots ranging from 200-4,000 square meters targeted for residential use. Pricing for these bigger plots is tentatively set at INR 24,000 per square meter.
Officials stated the goal is to enable housing options for all economic strata as the area around the new airport undergoes extensive development. Once final approvals are in place, the launch of the scheme is planned for June/July after model code of conduct guidelines are lifted post elections.
All plots will be allocated via random lottery system once applications are received under the scheme guidelines. Final details around locations, sizes, rates and timing will be communicated publicly by YEIDA in due course.
These plots will be available in sectors such as 17, 18 and 20, where the authority had earlier launched a plot scheme in 2008-09. However, YEIDA is yet to give possession to many allottees in these sectors because some farmers refused to give up their land for the development of housing schemes. They filed writs in the Allahabad High Court affecting the residential plot scheme, said officials.
YEIDA officials said they are resolving the issues of farmers, and offering possession to allottees. YEIDA said the land for the new scheme to be launched next month is free from all disputes and the possession of plots will be offered after the allotment is done.
This latest affordable housing initiative demonstrates YEIDA's commitment to planning balanced, inclusive development around major infrastructure projects like the Noida International Airport. By addressing needs of the economically weaker and middle sections, the scheme facilitates livelihood opportunities and strengthens local communities. With past land issues now resolved, YEIDA is well-positioned to efficiently deliver possession in a timely manner, fulfilling the vision of sustainable urbanization in the region.
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