The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the e-auction for institutional plots across five categories in Greater Noida. The strategic allocation of these plots, situated in proximity to Jewar Airport, offers a prime location for the development of nursing homes, hospitals, maternity centers, corporate offices, and senior secondary schools in Sector 18, 20, and 22E of Greater Noida.
As part of the recently launched scheme by YEIDA, interested parties can apply for plot acquisition until January 1, 2024, with the e-auction process scheduled for completion by February 29, 2024. Plots located in prime location
With strategic proximity to Jewar Airport, these plots are situated in prime locations and will be allotted on a leasehold basis for a duration of 90 years under the scheme. Under the plot allotment scheme, the way has been cleared for bidding of a total of 11 plots ranging from 1000 square meters to 10900 square meters through e-auction. The reserved prices for these plots range from Rs 4.75 crore to Rs 25.95 crore, with ICICI Bank serving as the banking partner for the e-auction process.
To participate in the e-auction, interested parties can download the brochure by paying a processing fee of Rs 25,000 on the official YEIDA site. These allotted plots will not only be in close proximity to Jewar Airport, but also near significant landmarks such as the International Film City (Noida), F-1 MotoGP Track, Medical Device Park, Electronic Manufacturing Cluster, and Toy Park. Additionally, they will be adjacent to the Yamuna Expressway. Apart from this, its connectivity with the proposed Eastern Peripheral Expressway will also be ensured. Institutions will have to develop many types of facilities.
Institutions intending to establish their units on the allocated land through the plot allotment scheme must adhere to various standards and undertake the development of essential civic amenities within their units. Under this scheme, hospitals are required to establish not only medical treatment facilities, but also additional infrastructure, including a hospital, ATM, auditorium, bank counter extension, information center, canteen, stores, international conference center, and chemist. The comprehensive development of facilities such as shops and internet centers is also mandatory.
Nursing homes, on the other hand, must have the facilities of clinical laboratories and chemist shops, in addition to treatment centers. Corporate office spaces allocated through the scheme should encompass corporate offices, conference rooms, seminar halls, multilevel parking, and auditoriums. For units designated as senior secondary schools, the development should include school premises with amenities such as a canteen, swimming pool, library, labs, indoor games hall, and hostel. The institutions are expected to construct and develop a range of facilities corresponding to their respective purposes.
