The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the YEIDA Plot Scheme Money Refund to assist applicants who wish to withdraw from various plot schemes. This initiative underscores YEIDA’s commitment to customer satisfaction and transparency, making it easier for applicants to secure refunds for their application deposits.
Overview of the YEIDA Plot Scheme Money Refund
The YEIDA Plot Scheme Money Refund allows applicants to retrieve their deposited funds due to personal reasons or if they are unable to proceed with acquiring a plot. The refund process is designed to be straightforward, requiring a formal application along with necessary documentation.
What is the YEIDA Residential Plot Scheme RPS 08/24?
Launched on July 5, 2024, the YEIDA Residential Plot Scheme RPS-08/2024 offers residential plots in the burgeoning Yamuna Expressway area. This scheme provides various plot sizes, ranging from 120 to 4,000 square meters, in sectors 16, 18, 20, and 22D. A lucky draw will allocate these plots, with prices expected around ₹25,900 per square meter.
Draw Under YEIDA Plot RPS 08/24 Scheme
The draw for the YEIDA Residential Plot Scheme RPS-08/2024 is scheduled for October 10, 2024, at 10:00 AM. It will take place at the India Expo Center & Mart, Greater Noida, Uttar Pradesh. The application process is transparent, ensuring fairness and clarity.
Key Features of the YEIDA Plot Scheme Money Refund
| Feature | Details |
|---|---|
| Authority | Yamuna Expressway Industrial Development Authority |
| Purpose | Refund for applicants withdrawing from plot scheme |
| Location | Sectors 16, 18, 20, and 22D in Yamuna Expressway |
| Draw Date | October 10, 2024 |
| Draw Time | 10:00 AM |
| Draw Venue | India Expo Center & Mart, Greater Noida |
| Eligibility | Applicants wishing to withdraw or unable to acquire plots |
| Timeline for Refund | Typically less than a year, often within 2 months |
| Mode of Application | Online |
| Official Website | Yamuna Expressway Authority |
Refund Duration Under the YEIDA Plot Scheme
Under the YEIDA Plot Scheme, refunds are generally processed within less than a year of application submission. However, YEIDA strives for efficiency, and most refunds are completed within two months.
Important Dates
- 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
How to Get Your Money Refund?
To initiate the refund process under the YEIDA Plot Scheme, follow these steps:
- Submit a Surrender Application: Begin the refund process by submitting your surrender application to the appropriate authority.
- Wait for Written Acceptance: After submitting, you must wait approximately 90 days for the authority to acknowledge your surrender in writing.
- Receive Your Refund: Once approved, you will receive your refund amount as specified in your application.
Note: YEIDA offers a refund service for both residential plots and flats to eligible applicants.
Why Does YEIDA Refund Money?
YEIDA issues refunds for various reasons, including:
- Unsuccessful Applications: Full refunds for those not allocated a plot.
- Registration Refunds: Money refunded without interest if deposited less than a year before the draw.
- Uncontrollable Events: If delays exceed one year, deposits are refunded plus 4% simple interest.
- Voluntary Surrender: Allottees can surrender plots for a refund with interest.
- Violation of Conditions: Refunds are provided without interest for any breach of application conditions.
How to Check the YEIDA Plot Scheme Money Refund Status
To check your refund status under the YEIDA Plot Scheme:
- Email: Send inquiries to queries@yamunaexpresswayauthority.com.
- Help Desk: Reach out via phone at +91 9871964919 or email at yeida.helpdesk@medhaj.com.
These contact methods will provide the latest updates regarding your refund status.
Contact Details
Yamuna Expressway Industrial Development Authority
First Floor, Commercial Complex,
P-2, Sector Omega I,
Greater Noida, Gautam Budh Nagar,
Uttar Pradesh, PIN: 201308
Phone: +91 1202395153/7/8, 2395152, 2395157 (Monday to Friday, 9:30 AM to 6:00 PM)
Fax: +91 1202395150
Email: queries@yamunaexpresswayauthority.com
Required Documents for Refund Application
To apply for a refund, applicants must submit the following documents:
- Surrender Application Form
- Copy of ID Proof (Aadhar, Voter ID, etc.)
- Bank Details (for refund transfer)
- Receipt of Payment made for the plot
Eligibility Criteria for Refund
To qualify for a refund under the YEIDA Plot Scheme, applicants must meet the following criteria:
- Must have submitted an application for a residential plot under YEIDA.
- Must wish to withdraw their application voluntarily.
- Must comply with the terms specified by YEIDA regarding refunds.
Online Application Process for 2024
To apply online for the YEIDA Plot Scheme Money Refund, follow these steps:
- Visit the Official Website: Go to the YEIDA website.
- Navigate to Refund Section: Find the relevant section for the YEIDA Plot Scheme Money Refund.
- Submit Application: Fill out the online surrender application form and upload required documents.
- Confirmation: After submitting, ensure you receive confirmation of your application.
- Track Status: Utilize the previously mentioned methods to track the status of your refund.
Frequently Asked Questions (FAQs)
What is the YEIDA Plot Scheme RPS-08/2024?
It’s a residential plot scheme offering plots in the Yamuna Expressway area.
How can I apply for the YEIDA Plot Scheme?
Applications can be submitted online via the official YEIDA website.
What is the refund process?
Refunds are processed after submitting a surrender application, usually taking 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 varies based on the reason for the refund, potentially 4% or more.
What happens if my application is unsuccessful?
You will receive a full refund of your registration money without interest if deposited less than a year before the draw.
What circumstances lead to a refund?
Refunds can be issued for reasons like unsuccessful applications, uncontrollable events, voluntary plot surrender, and application condition violations.