The Yamuna Expressway Industrial Development Authority is set to launch a residential plot scheme this month, offering nearly 973 plots near the upcoming Noida International Airport, as demand for housing in the region continues to rise. RK Singh, Chief Executive Officer of YEIDA, said the scheme is expected to be rolled out within the next 15 days, subject to registration approval from the Uttar Pradesh Real Estate Regulatory Authority, which is mandatory before any housing scheme can be launched. Once the registration number is received, applications will be invited for residential plots along the Yamuna Expressway, where the airport is scheduled to become operational in February 2026. The average price of the plots is expected to be around Rs 35,000 per square metre. Under the scheme, YEIDA will offer plots ranging in size from 162 to 290 square metres. This includes 476 plots of 162 square metres, four plots of 183 square metres, four plots of 184 square metres, 481 plots of 200 square metres, six plots of 223 square metres and two plots measuring 290 square metres. The plots will be located in sectors 15C, 18 and 24A, all in close proximity to the Noida International Airport project. Interested applicants will be required to pay a registration amount equal to 10 per cent of the plot cost to participate in a lucky draw for allotment. YEIDA will keep the application window open for one month, after which allotment letters will be issued and possession offered. The authority has earmarked reservations under the scheme, with 17.5 per cent of the plots reserved for farmers whose land has been acquired for development and 5 per cent for industrialists with functional units in the YEIDA area. The remaining 77.5 per cent of the plots will be available to the general category. In the past year, YEIDA has also allotted 65 industrial plots across various categories and generated revenue of around Rs 22 billion from these schemes, including projects related to the medical devices park and other industrial sectors. According to property consultancy InvestoXpert, average apartment prices along the Yamuna Expressway in the Delhi-NCR region have surged by 158 per cent over the past five years, while plot values have jumped by 536 per cent, largely driven by rapid infrastructure development led by the airport project. A separate report by Colliers India said land prices in the region have risen by 40 per cent over the past five years and are projected to increase by about 50 per cent by 2030. The consultancy attributed the growth to major infrastructure initiatives such as the Jewar airport, metro expansion and themed city projects, including the International Film City. It added that land prices in the Jewar township rose nearly 1.4 times between 2020 and 2024 and are expected to climb further by the end of the decade.