The YEIDA Plot Scheme Money Refund is an initiative by the Yamuna Expressway Industrial Development Authority (YEIDA) aimed at providing financial relief to applicants of various plot schemes who wish to withdraw their applications. Under this scheme, applicants can request a refund of their deposited money due to personal reasons or if they are unable to proceed with the plot acquisition. The process is straightforward, requiring applicants to submit a formal application along with relevant documents to initiate the refund. Refunds are typically processed within a specified timeframe, ensuring timely reimbursement. This initiative reflects the commitment of YEIDA to customer satisfaction and transparency, facilitating easier access to refunds for those who no longer wish to pursue their applications.
What is the YEIDA Plot RPS 08/24 Scheme?
The YEIDA Residential Plot Scheme RPS-08/2024, launched by the Yamuna Expressway Industrial Development Authority on July 5, 2024, provides a chance for people to buy residential plots in the fast-growing Yamuna Expressway area. The plots come in different sizes, from 120 to 4,000 square meters, and are available in sectors 16, 18, 20, and 22D. To ensure fairness, plots will be allocated through a lucky draw. The expected price is around Rs. 25,900 per square meter. This scheme aims to fill the remaining residential plot options in various locations along the Yamuna Expressway. The area’s close proximity to major projects, like the Noida International Airport and Film City, makes these plots a smart investment.
Also Read: YEIDA Plot Scheme 2024 Draw Date
Draw Under YEIDA Plot RPS 08/24 Scheme
The Yamuna Expressway Industrial Development Authority (YEIDA) has scheduled the draw for its Residential Plot Scheme RPS-08/2024 on October 10, 2024, at 10:00 AM. The event will be held at the India Expo Center & Mart in Greater Noida, Uttar Pradesh. This draw aims to allocate residential plots ranging from 120 to 4,000 square meters in various sectors along the Yamuna Expressway. The allotment process will be conducted transparently, with an application committee and observers present to ensure fairness.
Helpful Summary of YEIDA Plot Scheme Money Refund
| Name of the Post | YEIDA Plot Scheme Money Refund 2024 |
| Authority | The Yamuna Expressway Industrial Development Authority |
| Purpose | To provide a refund for applicants who wish to withdraw from the plot scheme |
| Location | Sectors 16, 18, 20, and 22D in the Yamuna Expressway Region |
| Draw Date | October 10, 2024 |
| Draw Time | 10:00 AM |
| Draw Venue | India Expo Center & Mart, Greater Noida, Uttar Pradesh |
| Eligibility | Applicants who have submitted applications for residential plots under YEIDA but wish to cancel or if they are unable to proceed with the plot acquisition |
| Timeline for Refund | Refunds are typically processed within less than 1 year after application submission |
| Mode of Application | Online |
| Official Website | https://www.yamunaexpresswayauthority.com/ |
Money Refund Duration Under YEIDA Plot Scheme
Under the YEIDA Plot Scheme, refunds are usually processed within less than a year after submission of the application. However, the authority aims to expedite the process and has experienced that most refunds are completed within two months. This quick turnaround ensures that applicants receive their money back as soon as possible, making the refund process efficient and user-friendly.
Important Dates
Here are the important dates for the YEIDA Plot Scheme RPS-08/2024:
- Launch Date: July 5, 2024
- Application Submission Period: Until March 31, 2025, or until all units are allotted
- Final List Release Date: October 3, 2024
- Draw Date: October 10, 2024, at 10:00 AM
- Draw Venue: India Expo Center & Mart, Greater Noida, Uttar Pradesh
Booking Start: GDA Housing Scheme
What do you do to Get your Money Refund?
To get a refund under the YEIDA Plot Scheme, follow these steps:
Step 1: To initiate the refund process, submit your surrender application to the relevant authority.
Step 2: After submitting your application, you must wait 90 days for the authority to provide written acceptance of your surrender.
Step 3: Receive your refund amount as per the approved application.
Note: YEIDA provides a refund service for both residential plots and flats to eligible applicants.
Why YEIDA Refunds the Money?
YEIDA refunds the money for various reasons:
- Unsuccessful applicants will receive a refund.
- Registration money is refunded without interest if deposited less than one year before the draw.
- In cases of uncontrollable events, the authority refunds deposits plus 4% simple interest if the delay exceeds one year.
- Allottees can surrender their plots and receive a refund with interest.
- If an applicant violates any application conditions, their registration money is refunded without interest.
How to Check YEIDA Plot Scheme Money Refund Status
To check the status of your refund under the YEIDA Plot Scheme:
- You can contact YEIDA via email at queries@yamunaexpresswayauthority.com.
- Alternatively, reach out to the help desk by phone at +91 9871964919.
- Or email at yeida.helpdesk@medhaj.com.
Note: These channels will provide you with the latest updates regarding your refund status.
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: 201308
- Tel No: +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[dot]com
FAQs
What is the YEIDA Plot Scheme RPS-08/2024?
The YEIDA Plot Scheme RPS-08/2024 is a residential plot scheme by the Yamuna Expressway Industrial Development Authority, offering plots in the Yamuna Expressway area to mid-income individuals.
How can I apply for the YEIDA Plot Scheme?
Applications can be submitted online through the official YEIDA website.
What is the refund process?
Refunds are processed after submitting a surrender application and typically take less than a year.
How can I check the refund status?
Contact YEIDA via email or phone for updates on your refund status.
What interest rate is applicable for refunds?
Interest rates vary depending on the reason for the refund; it can be 4% or more.
What happens if my application is unsuccessful?
If your application is unsuccessful, you will receive a full refund of your registration money without any interest if it was deposited less than a year before the draw.
What circumstances lead to a refund?
Refunds can be issued for various reasons, including unsuccessful applications, uncontrollable event situations, voluntary plot surrender, and violations of application conditions.