Buy 300 meter plot in Sector 18 Part 1B Yamuna Expressway
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Buy 300 meter plot in Sector 18 Part 1B Yamuna Expressway
As Sector 18, Part 1B is a prominent area, plots are mainly available on resale. Prices fluctuate significantly based on the plot's registration status and location.
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Registered Plots (Registry Done): Plots that are fully registered often start from ₹2.00 Crore and go up to ₹2.35 Crore or more for prime locations (Corner/Park Facing/Wide Road).
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Bank loans (up to 70%) are easily available only on registered plots.
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Unregistered Plots (Transfer of Memorandum - TM): Plots where possession is taken but registry is pending can sometimes be found at a slightly lower price, generally ranging from ₹1.90 Crore to ₹2.10 Crore. Transfer is done via the official YEIDA TM process.
Important Next Steps for the Buyer
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Verify Plot Status: Confirm with the broker and the YEIDA office whether the specific plot number in Sector 18, Pocket 1B is Registered or Unregistered (TM), as this affects the price and loan eligibility.
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Check Dues: Ensure all Farmer Compensation Dues and any other outstanding Authority dues have been paid to YEIDA. This is critical before proceeding with the registry/transfer.
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Site Visit: A physical inspection is highly recommended to check the exact location (facing, road width) and the current state of infrastructure development in Pocket 1B.
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Engage a Local Expert: Given the complexities of YEIDA transfers and registries, it is crucial to work with a reputable local real estate consultant specializing in YEIDA plots to navigate the legal process smoothly.
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