News: YEIDA Offers 973 Plots Near Noida Airport at Rs 36,260/Sqm-07-04-2026
The Yamuna Expressway Industrial Development Authority (YEIDA) has opened its residential plot scheme 2026 with 973 plots near the newly inaugurated Noida International Airport. A top YEIDA official has been quoted as saying the scheme is meant to meet rising demand in the airport corridor and that two more schemes are likely in the next three to four months.
According to the YEIDA brochure, the plots are in the newly developed sectors 15-C, 18 and 24. There are 476 plots of 162 sqm, four of 183 sqm, four of 184 sqm, 481 of 200 sqm, six of 223 sqm and two of 290 sqm. The land rate is Rs 36,260 per sqm. Registration amounts are Rs 5.87 lakh for 162 sqm, Rs 6.63 lakh for 183 sqm, Rs 6.67 lakh for 184 sqm, Rs 7.25 lakh for 200 sqm, Rs 8.08 lakh for 223 sqm and Rs 10.51 lakh for 290 sqm.
Real estate experts told Hindustan Times Real Estate that plotted developments in the airport region should gain traction because organised, legally approved land is scarce. They added that the market’s momentum will depend on execution, particularly job creation, infrastructure and livability.
Santhosh Kumar, vice chairman, ANAROCK Group, said the scheme, spanning Sectors 15C, 18 and 24A, is priced well below comparable offerings in Noida and Greater Noida, which makes it attractive to middle-income buyers planning future use. He said it suits long-term investors with a 7-10 year horizon and end-users who want to build their own homes, and is not for short-term investors. NRIs and HNIs seeking government-backed plots with clear titles are another natural set of buyers.
Shalin Raina, Managing Director, Residential Services, Cushman & Wakefield, said that with Phase 1 of the airport launched and logistics hubs and industrial corridors emerging, such plots may form part of a balanced strategy aimed at wealth preservation and steady appreciation.
Experts said the "announcement alpha" of the airport has largely been captured and the phase of quick speculative profits is over, but new investors will still come. Kumar expects buyers who missed the first wave to return and the lottery system to result in heavy over-subscription of each scheme. End-user interest, he said, is growing structurally, and real housing demand will slowly replace pure speculation as schools, hospitals and stores come up around the corridor.
Plotted development in the region is likely to remain largely with YEIDA. Kumar said the authority tightly controls land parcels and private developers can buy only through its auctions, not on the open market, which makes it hard to assemble land banks for plotted layouts. Raina said private developers are expected to stay focused on premium and luxury apartment projects, where scale and value creation are stronger, with only limited and selective participation in plots.
Prices are expected to keep rising, though more moderately than over the past five years. Kumar named the rollout of RRTS operations, metro expansion and the development of Film City as triggers. He said the government-set allotment rate establishes a minimum price but also creates a two-tier market of allotment prices and a less clear resale market, and that real price discovery happens in the gap between them. Raina said lower ticket sizes typically bring more transactions in plotted developments, which helps sustain price momentum.
