NRI guide · updated June 2026
The Yamuna Expressway Industrial Development Authority's residential plot scheme is one of the few ways an NRI or OCI can buy raw land — directly from a government authority — near India's newest airport (Noida International, Jewar). Under FEMA / NDI Rules 2019, NRIs and OCIs can apply: YEIDA residential plots fall in the permitted "development-authority residential plot" category, payable via NRE/NRO/FCNR, no prior RBI approval needed. Authority rates have climbed from approximately Rs 25,900/sq m in 2024 to approximately Rs 35,000/sq m in the 2026 scheme (per YEIDA scheme data), schemes are heavily oversubscribed, and applicants can participate remotely via a Power of Attorney. This guide covers eligibility, draw mechanics, sector locations, the leasehold structure, step-by-step application, and — crucially — the real risks you must know before committing. This is general information, not legal or tax advice — consult your CA / FEMA advisor.
The Yamuna Expressway Industrial Development Authority (YEIDA) is the statutory body of the Uttar Pradesh government that plans, develops and manages the 165 km corridor alongside the Yamuna Expressway — the six-lane highway that runs from Greater Noida down to Agra. Formed under the UP Industrial Area Development Act, YEIDA has the power to acquire land, develop infrastructure, and then sell or allot plots to applicants through structured public schemes.
YEIDA's residential plot schemes give individuals — including NRIs and OCIs — the chance to buy a clearly demarcated plot of land directly from a government authority at an authority-set rate, rather than from a private developer at a market premium. What makes these schemes particularly relevant to NRIs right now is a combination of factors that have converged in 2025–26:
The scheme is periodic — YEIDA announces a new scheme, accepts applications during a window, conducts a computerised draw, and issues allotment letters. The 2026 scheme is the most recent in this cycle.
Yes, NRIs and OCIs may apply for YEIDA residential plot schemes. YEIDA's residential plots are classified as development-authority-allotted residential land — a category explicitly permitted under the Foreign Exchange Management (Non-Debt Instruments) Rules 2019. The prohibition applies only to agricultural land, farmhouses and plantation property.
Under FEMA and the NDI Rules 2019, an NRI (an Indian citizen resident outside India) or OCI (Overseas Citizen of India cardholder) can acquire residential or commercial property in India without prior RBI approval, provided payment is made in INR through banking channels — from an NRE, NRO or FCNR account. No cash, no foreign-currency wire directly to the seller.
The three prohibited categories — agricultural land, farmhouses and plantation property — do not include YEIDA residential plots. YEIDA's scheme plots are gazetted residential development land, analogous in regulatory classification to a residential flat or a villa plot in an approved layout. The permissibility is not a technicality; it reflects the policy intent of allowing NRIs to buy residential real estate while restricting agricultural land acquisition.
For property purchase purposes, OCI cardholders are treated on par with NRIs under FEMA (NDI Rules 2019, Rule 21). Both categories can buy residential property and development-authority residential plots with the same account and documentation requirements. The distinction matters more for agricultural land — which neither can buy anyway.
The authority rate (sometimes called the "basic allotment rate") is the price per square metre that YEIDA sets for plots in each scheme. Per YEIDA scheme data, this rate was approximately Rs 25,900 per sq m in 2024 and rose to approximately Rs 35,000 per sq m in the 2026 scheme — a step-up of roughly 35% over two years.
This rate is the base. On top of it, applicants pay:
Plot sizes in YEIDA residential schemes typically range from around 120 sq m (approximately 1,291 sq ft) to 500 sq m (approximately 5,382 sq ft) or more, depending on the sector and scheme variant. A 200 sq m (2,152 sq ft) plot at the 2026 authority rate of Rs 35,000/sq m works out to a land cost of approximately Rs 70 lakh before registration and development charges.
YEIDA residential plot schemes have been consistently heavily oversubscribed in recent years — the number of applications received far exceeds the number of plots on offer. In some schemes the ratio of applicants to available plots has been in the range of 5:1 to 20:1 or higher. This means:
YEIDA uses a public computerised lucky draw (lottery) to select allottees when applications exceed supply. Every eligible applicant who submits within the window gets one entry. The draw is transparent and published on YEIDA's website. Unsuccessful applicants get a full refund; successful ones receive an allotment letter and a payment instalment schedule.
The Noida International Airport at Jewar (IATA: DXN) opened for domestic operations on 15 June 2026 with IndiGo and Akasa Air. International terminal operations are targeted for October 2026. The airport opened approximately 4 years later than originally planned. YEIDA residential sectors are spread along the Yamuna Expressway, within a 5–30 km corridor from the airport terminal.
YEIDA's jurisdiction covers a 165 km stretch alongside the Yamuna Expressway from Greater Noida (where it connects to the Delhi–Noida network) through Mathura and toward Agra. The authority has divided this corridor into sectors — numbered and named zones — each planned for a mix of residential, institutional, commercial and industrial uses.
For residential plot schemes, YEIDA has typically launched plots in sectors that fall in the Greater Noida end of the corridor (Sectors 16, 17, 18, 22D, 24, 25) through to sectors in the Mathura zone. The precise sectors available vary scheme to scheme and are specified in the scheme brochure.
The Noida International Airport at Jewar — formally named after Zubin Mehta in its Indian-side branding, using IATA code DXN — has a significant history of delay and eventual delivery:
The airport is being developed by Zurich Airport International (a subsidiary of Flughafen Zürich AG) in partnership with YIAPL (Yamuna International Airport Private Limited). It is designed in phases, with Phase 1 capacity of approximately 12 million passengers per annum — scaling in later phases.
For YEIDA plot buyers, the airport's operational status is significant because it converts the Yamuna Expressway corridor from a speculative infrastructure story to a functioning connectivity story. Domestic flights are running today. International connectivity is months away, not years.
YEIDA sectors in the residential scheme zone fall roughly into three distance bands from the airport terminal at Jewar:
The scheme brochure will specify exact sectors available. Confirm distances and sector boundaries from the official YEIDA brochure — do not rely on approximate maps circulated online.
YEIDA allots residential plots on a 90-year leasehold basis. You do not receive freehold title immediately. After completing construction and meeting YEIDA's conditions, allottees can apply for freehold conversion on payment of a conversion premium. Until conversion, the land remains on YEIDA's lease and is subject to YEIDA's regulations on use and transfer.
A 90-year leasehold granted by a statutory government authority like YEIDA is substantively different from a private leasehold. It is not precarious — you have a clear legal instrument, a registered lease deed, and a defined right to occupy, build, and transfer. However, there are real implications:
For an NRI buying for long-term personal use or building a home, the 90-year leasehold is a workable structure — particularly after freehold conversion. For someone expecting a quick resale, the leasehold adds friction.
Applying from outside India is entirely feasible. Here is the practical flow, covering money, documents, and the remote-application mechanism:
The authority rate is just the beginning. Here is a realistic cost map for a 200 sq m plot at the 2026 scheme rate:
A rough total-cost-of-ownership for a 200 sq m plot plus a modest 1,800 sq ft home (on two floors): Rs 1.25 crore to Rs 1.7 crore all-in, depending on specification and timing. Run the numbers on our NRI value projector →
YEIDA schemes have been consistently heavily oversubscribed. In several recent schemes, the ratio of applicants to plots available has exceeded 10:1. Your application deposit is refunded, but your money is locked up for 30–90 days per attempt, and you may need to apply multiple times over several years before receiving an allotment. Budget for the possibility of repeated attempts — and the opportunity cost of the locked capital.
The Noida International Airport at Jewar is a good example: originally expected to open around 2022, it opened for domestic operations in June 2026 — approximately four years late. Similarly, metro connectivity, Film City, and other anchor developments in the YEIDA corridor have experienced delays of similar magnitude. Buyers who entered the corridor in 2018–2020 with 2023 exit timelines in mind have experienced longer than expected hold periods. Plan for infrastructure timelines to slip.
Unlike an apartment in an established society, a YEIDA plot is relatively illiquid. The secondary market (resale) for YEIDA plots is thinner, price discovery is less transparent, and finding a buyer at your expected price can take considerably longer. YEIDA's leasehold structure adds a further step (transfer charges and NOC) to resale. If you need to liquidate within 2–4 years, a YEIDA plot is not the right instrument.
You cannot simply hold the plot indefinitely. YEIDA requires allottees to construct within a specified period (typically 3–5 years from possession). Failure attracts penalties and, if you cannot build, you may be forced to sell under pressure rather than on your terms. If you are buying as an investment without an intention to build, understand YEIDA's construction clause clearly before applying.
The ANAROCK figures — Noida apartments +92%, Greater Noida apartments +98% between 2020 and Q1 2025 — reflect the past five years of a specific market cycle. They are not a baseline for future performance. YEIDA plot values depend on: when infrastructure actually delivers, what is built nearby, national economic conditions, interest rates, and many factors outside any buyer's control. Do not apply for a YEIDA plot expecting guaranteed returns.
YEIDA is a statutory authority whose plans, rates and policies are set by the UP state government. Policy changes, election cycles and administrative transitions can affect scheme timelines, allotment rules, conversion premiums and development plans. This is a real, if hard-to-quantify, risk for a 10–20 year hold.
Managing a land parcel in India from abroad is more complex than managing an apartment in a maintained society. Boundary encroachments, maintenance of the plot until construction, dealing with YEIDA correspondence, and managing local administration are real challenges. A PoA holder or a trusted on-the-ground partner (like Vidastu) is essential, not optional.
Vidastu is a Greater Noida-based real estate developer and UP-RERA registered agent (UPRERAAGT000309/01/2026) that has been working in the Noida/Greater Noida market since 2012. Founder Vidit Kaushik is a BITS Pilani civil engineer; co-founder Ravi Shankar Sharma brings 30+ years of construction and Vastu experience. The firm holds a 4.8-star average across 54 Google reviews.
For NRI clients considering the YEIDA plot scheme, Vidastu's involvement covers two distinct phases:
If you are allotted a plot and want to build, Vidastu handles the entire construction cycle remotely — so you do not need to relocate or make multiple India trips:
Talk to the Vidastu NRI desk about YEIDA →
Yes. Under FEMA and the NDI Rules 2019, NRIs and OCIs are permitted to purchase residential plots and development-authority-allotted residential plots. YEIDA residential plots fall in the permitted category. Payment must be in INR from an NRE, NRO or FCNR account through banking channels. Agricultural land, farmhouses and plantations remain prohibited — YEIDA residential plots are not in that category. Confirm your individual eligibility with a FEMA advisor and read the scheme brochure's NRI-specific clauses before applying.
Per YEIDA scheme data, the authority rate for residential plots rose from approximately Rs 25,900 per sq m in the 2024 scheme to approximately Rs 35,000 per sq m in the 2026 scheme — a roughly 35% increase. This is the base allotment rate; stamp duty, development charges and registration are additional. Plot sizes and sector-specific rates are published in the official YEIDA scheme brochure.
Low. YEIDA schemes are consistently heavily oversubscribed, with applications running at multiples of available supply. In several recent schemes, the oversubscription ratio has exceeded 10:1. Unsuccessful applicants receive a full refund — but no interest — and may need to apply in multiple consecutive schemes before receiving an allotment. Factor this into your capital planning.
Yes. Execute a Special Power of Attorney limited to the YEIDA transaction, have it apostilled (Hague-convention countries: USA, UK, Canada, most EU) or Indian-consulate-attested (Gulf: UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait), and courier the original to your representative in India. Your representative applies, pays and signs on your behalf. Vidastu can coordinate this process end-to-end.
Leasehold — 90-year lease from YEIDA. After construction is complete and YEIDA's conditions are met, you can apply for freehold conversion by paying a conversion premium set by YEIDA at the time of the application. Until conversion, the plot is on YEIDA's lease terms, and transfer/subletting requires YEIDA permission and charges. Confirm the current conversion premium with YEIDA before purchase.
The Noida International Airport at Jewar (IATA: DXN) opened for domestic flights on 15 June 2026 with IndiGo and Akasa Air; international operations are targeted for October 2026 — approximately 4 years later than the original plan. YEIDA residential sectors are distributed along the Yamuna Expressway corridor, with the nearest sectors falling within 5–12 km of the terminal and others in the 12–30 km band. The exact sectors offered in each scheme are listed in the scheme brochure.
NRE (Non-Resident External — foreign earnings, fully repatriable), NRO (Non-Resident Ordinary — rupee account; repatriation capped at USD 1 million per financial year) or FCNR (foreign-currency term deposit, treated like NRE). All payments must be in INR through banking channels — no cash. Using NRE funds gives you the most flexibility for repatriation if you later sell.
For long-term capital gains (held more than 24 months), TDS is 12.5% effective 23 July 2024, plus surcharge and 4% cess, typically deducted on the full sale consideration. You can reduce this significantly by obtaining a Lower/Nil Deduction Certificate (Form 13, Section 197) before the sale. Short-term gains (24 months or less) attract 30% TDS. DTAA relief may be available if you furnish a Tax Residency Certificate (TRC) and Form 10F. Always consult a qualified CA before transacting — this is not tax advice.
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