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TL;DR: YEIDA will not extend the OTS window; ~7,200 defaulting allottees face recovery from March 2026. Stalled-project rehab and Raya Heritage City plans move forward; NRIs must complete legal diligence.
YEIDA’s OTS Deadline Stands — What Homebuyers Must Know
The Yamuna Expressway Industrial Development Authority (YEIDA) has decided not to extend the one-time settlement (OTS) scheme deadline, setting the stage for recovery action against roughly 7,200 defaulting plot allottees if dues remain unpaid after February 28, 2026. The authority reported that only 117 defaulters applied during the current window, far below expectations against outstanding dues of about Rs 4,950 crore.
Key decisions from the 88th YEIDA board meeting
- OTS window closed: YEIDA confirmed this will be the final OTS window; recovery actions are slated to begin in March 2026 for those who don’t clear dues.
- Land for education: Six acres in Sector 34 allocated for a chief minister’s model composite school, allotted at a nominal rate of Re 1 per sq. metre with strict non-transfer conditions.
- Rehab for stalled projects: Progress reported under the state rehab policy — nine of 11 developers have deposited 25% of net dues (≈ Rs 402 crore), unlocking next steps for nearly 6,800 homebuyers.
- Planning and tourism pushes: Draft master plans for Agra Urban City and Raya Heritage City are moving forward, with public objections invited and a DPR ready for the PPP-mode Raya Heritage City project.
- Farmer settlements: YEIDA has paid about Rs 3,000 crore as additional compensation between 2014–15 and 2025–26 and issued reservation letters for 7% abadi plots to ~6,300 farmers.
Raya Heritage City and tourism-led development
The revised Raya Heritage City layout now includes a 17.5-hectare Pilgrim Gateway Complex near the Vrindavan bypass. YEIDA will either acquire or purchase land for the complex and is considering nearby residential schemes to meet housing demand close to the tourism zone. The plan also contemplates reservation for families potentially displaced by the Banke Bihari temple project, aligning with existing rehabilitation policy.
Why this matters for buyers and investors
Recovery notices from March 2026 mean plot allottees with outstanding balances should act quickly to avoid forfeiture or legal proceedings. For NRIs and other remote investors considering Noida or Greater Noida, completing legal due diligence for NRI property buyers in India is essential — especially when projects are being revived under rehabilitation policies and developer deposits are still in progress.
Transport, connectivity and market momentum
Infrastructure upgrades drive long-term value in the region. Improved connectivity and metro-linked corridors remain a major catalyst for demand — see analyses like Delhi Metro expansion and Noida real estate hotspots for insights on how transport projects influence pricing and micro-market dynamics. Buyers and investors should weigh proximity to upcoming transit and tourism hubs when evaluating holdings.
Financials, parks and employment hubs
YEIDA shared mixed budget signals: capital receipts rose from about Rs 2,200 crore to nearly Rs 2,700 crore year-on-year, while revenue expenditure jumped from ~Rs 2,300 crore to about Rs 5,500 crore. Development progress was also reported across economic clusters — apparel, handicraft, MSME, toy and medical device parks — that can spur local employment and demand for homes.
Practical steps for affected allottees and prospective buyers
- Act fast: If you’re an allottee with dues, contact YEIDA immediately to explore payment options before recovery actions begin.
- Document review: Ensure all title deeds, allotment letters and payment records are in order. NRIs should follow recommended legal due diligence for NRI property buyers in India to avoid future disputes.
- Evaluate project status: If you own property in stalled projects, check whether your developer has deposited dues under the rehab policy and what delivery timelines are being targeted.
- Consider long-term trends: Factor in regional plans such as Raya Heritage City and transit investments; these developments feed into broader forecasts like the Indian real estate outlook for 2026 when planning holdings and exits.
Bottom line
YEIDA’s firm stance on the OTS deadline signals a tighter enforcement phase across the Yamuna Expressway corridor. For defaulting allottees, immediate action is crucial to avoid legal recovery. For buyers and investors, this is also a reminder to do thorough diligence and align purchases with infrastructure-driven growth pockets that are likely to shape market resilience through 2026 and beyond.
Note: The authority’s decisions on education land allotment, rehabilitation deposits, and master plans for tourism-led developments indicate that regional planning and delivery mechanisms are being actively pursued — both as triggers for demand and markers of project viability.
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