Noida Authority Plot Scheme 2023: Online Registrations, Last Date, Eligibility

The New Okhla Industrial Development Authority (Noida Authority) introduced plot schemes for citizens to help them purchase commercial, industrial, or residential plots at a reasonable price. Noida Authority organises a bidding auction for the applicants to buy plots through the Noida Authority plot scheme. 

Find out the entire registration process, eligibility criteria, and essential documents of the Noida plot scheme in this blog. 

Noida Authority Plot Scheme: Types

The Noida Authority offers four schemes to citizens:

• Noida Authority Residential Plot Scheme

• Noida Authority Group Housing Scheme

• Noida Authority Industrial Plot Scheme

• Noida Authority Commercial Scheme

Keep scrolling further to know more about this Government plot scheme in Noida!

Benefits of Investing In The Noida Authority Plot Scheme

Here are a few advantages of investing in the Noida Authority plot scheme 2023:

• Wide Number of Options

The Noida Authority scheme provides you with a wide number of real estate options available in each type of scheme. You need to go to the official website of the Noida Authority and find properties that align with your financial preferences.

• Affordable Rates

Noida Authority scheme lists properties that have affordable rates for all income groups. The auction process lets you evaluate the value of the property that suits your budget.  

• Metro Connectivity

It is one of the major advantages of investing in Noida Authority schemes. Residential and commercial projects offered by Noida Authority have excellent metro connectivity.

Check Out: Property Prices in Noida

Noida Authority Housing Scheme 2023: Eligibility

• The applicant must be an Indian citizen aged 18 and up.

• PAN Cards must be submitted by applicants.

• ID proofs such as Aadhaar Card/Voter ID Card/Passport/Driving License must be submitted when participating on behalf of an individual.

• Applicants and their spouses/children must not own or be co-owners of a Noida Authority property.

• Separate flats are not available to an applicant's spouse or children under the scheme.

Also Read:The latest announcement by the Noida Authority 

Noida Authority Plot Scheme: Registration Documents 

Below are the documents you require if you want to apply for the Noida Authority Plot Scheme:

• Birth certificate

• Aadhar card

• Voter ID card

• Pan card

• Driving Licence

• Passport

• MOA of the society

• Registration certificate

Here is a list of the additional documents you will need apart from the above-listed documents in case of a company, partnership firm, and trust:

Noida Authority Corporate Office Plot Scheme

Here are the details for Noida Authority Corporate Office Plot Scheme:

Noida Authority Residential Schemes

Here are the details for New Noida Residential Plot Scheme:

Noida Authority Group Housing Scheme

Here are the details for Noida Authority Group Housing Scheme:

Noida Authority Industrial Plot Scheme

Here are the details for NOIIDA/IP/e-Auction/2022-23 (01) Scheme:

Noida Authority Commercial Scheme

Here are the details for [Commercial Builder Plot-I] Scheme:

Noida Authority Flat Scheme

Noida Authority launched this scheme specifically for the middle segment. 257 plots are getting allotted in the first scheme, and 198 plots are getting allotted in the second scheme. 

Suggested Read: All The Latest Updates On LDA Housing Scheme 2023

Noida Authority Plot Scheme 2023: Application Process 

Here are the steps to apply for the Noida Authority Plot Scheme: 

• Step 1: Visit the Noida Authority's website: noidaauthorityonline

• Step 2: Scroll down to the Citizen Interface Section.

• Step 3: Click on Live Land Allotment Scheme.

• Step 4: Select the Noida Plot Scheme you want to apply for

• Step 5: Click on the apply online button 

• Step 6: Search the plot scheme you prefer on the SBI e-Tendering portal

• Step 7: Fill out the application form and provide essential details

• Step 8: Pay the registration fee

• Step 9: Submit the application form once you complete the registration process

Points To Remember While Applying For Noida Authority Plot Scheme

Here are a few points to remember while you apply for Noida Authority Plot Scheme:  

• Increase the value of the bid by INR 50,000 minimum.

• Mention the bid amount in words and numbers. 

• Bid the price of a specific piece of property above its reserve price only

• Bid on plots that have good internet connectivity

• Do not go for exaggerated bidding. It can lead to a loss of 25% of the deposit money

• Submit a separate deposit for each property if you choose multiple properties.

NOIDA Authority Plot Scheme 2023: Payment

• Successful applicants must submit 30% of the total flat price (after EMD adjustment) within 30 days of allotment.

• The remaining 70% can be paid in eight half-yearly installments, plus interest.

• Applicants who pay in full for their flats within 30 days of receiving their allotment letter may be eligible for some rebates.

• Within 30 days of the manual draw/e-auction, the Authority will refund the EMD amount to unsuccessful applicants without interest.

• The modes of payment differ depending on the category chosen by the applicants-

For applicants interested in participating in an e-auction, the Authority has simplified the payment mode based on the amount (processing fee or EMD) to be submitted.

The Authority will physically distribute allotment letters after the results of the allotment are published on the official website. Also, when using e-bidding, the highest bid against the reserved/allotment price is taken into account. 

Conclusion

We hope this article will be your go-to guide while you apply for any government plot scheme in Noida. The process is really easy whether you apply for the Noida residential plot scheme or the Noida authority industrial plot scheme.