Overwhelming response for Yamuna E-Way plot scheme

04 Sep 2023 CW Team

Barely three weeks since its launch, the plot allocation scheme by the Yamuna Expressway Industrial Development Authority (YEIDA) has witnessed an overwhelming response. The scheme offers plots for independent houses near the upcoming Noida International Airport, and it has been perceived as a real estate opportunity not to be missed. More than 1.73 lakh users have registered on the portal, competing for just 1,184 plots available. The rush has seen 1.23 lakh forms purchased online, 1.1 lakh applications submitted, and 78,290 applicants paying 10% earnest money. The scheme, which concludes its application period on Friday, offers residential plots of various sizes across different sectors.

Notably, only 19 plots are available in the largest size of 2,000 square meters. The plots, priced at Rs 24,600 per square meter, will be allocated through a draw of lots on October 18, with applicants who have paid earnest money being given preference.

YEIDA CEO Arun Vir Singh expressed his enthusiasm over the response, stating that this is the first time YEIDA has received such a tremendous number of applications. The plot schemes around the Yamuna Expressway started generating interest due to the progress in constructing the Noida airport, sparking a renewed interest in housing plots. The strategic location, now bolstered by infrastructure projects like the Apparel, Toy, and Medical Device parks, as well as the proposed Film City, has positioned the area as a prime investment opportunity, erasing concerns about distance and development.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..