Mixed Land-Use

(A) Applications are invited for allotment of mixed land use plots for

UsePercentage
Industry / Institution / Warehouse / IT&ITES91% min
Institution & other Facilities5% min
Commercial(only for self use)1% max.
Residential (Flatted)( For Staff Housing only)3% max.

(B) Eligibility

– Individual

– Proprietorship Firm

– Registered Partnership Firm

– Limited liability Partnership Firm

– Registered Trust (eligible only if core activity is Institutional)

– Registered Society (eligible only if core activity is Institutional)

– Private Limited Company

– Public Limited Company

– Public Sector Undertaking

– Govt./ Semi Govt. undertaking/ Department

(C) How to apply

– Duly filled application form must be submitted alongwith detailed proposal/project details and other statutory documents.

– Applicant must attach a non-refundable & non-adjustable Processing Fee of Rs. 25000/-

– Registration money equivalent to 5% of total premium of the plot area.

– Rs. 1100/- also be deposited, in case application form is downloaded from website www.yamunaexpresswayauthority.com

– Registration money and processing fee should be deposited through a bank draft in favour of Yamuna Expressway Industrial Development Authority and payable at any scheduled bank of New Delhi/ Noida/ Greater Noida.

(D) Procedure of Allotment

– Applications are screened by Screening Committee.

– After scrutiny applicant will be called for interactions with Allotment Committee.

– After interaction with the applicant the reservation of plot is subject to the recommendation of Allotment Committee & approval of the CEO or Authorized officer.

(E) Mode of Payment, Lease, Possession, Completion & Functional

– Successful applicant further shall have to deposite registration money 5% of the total premium of the plot, within 30 days from issue of reservation Letter.

– Successful applicant on issue of formal allotment letter shall have to pay additional 20% of the total premium within 60 days of issue of allotment letter as allotment money.

– 70% of the total premium shall be paid in 12 equal half yearly installments with installments with interest @ 12% p.a. the first such installment will comes due first, after six months of the date of issue of the allotment letter.

– Default on the part of the applicant allottee / lessee for breach/violation of terms and conditions of registration allotment/lease and / or non deposit of reservation money/allotment money/ installment money.The entire deposits till the date of cancellation shall be forfeited and possession of the Plots will be resumed

– In addition to the premium of plot, annual lease rent at the rates of 2.5% would be payable in advance.

– Execute the lease deed and take the physical possession within 60 days from the date of issue of the checklist.

– The allotment of plot will be made on leasehold basis for a period of 90 years from the date of execution of lease deed.

– The allottee is required to take completion certificate within 36 months from the due date of lease deed.

– Units to become functional within 6 month from the due date of the issue of completion certificate.

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