YEIDA e-auction portal notice, checked 25 Oct 2026; 16 October extension; brochure clauses 2(a)(ii)–(iii) and 4(i), PDF pages 9–10
Which deadline must a new applicant meet?
YEIDA’s sources give two different cutoffs for registration and the registration amount (EMD). Its 16 October extension notice moves the scheme closing date to 16 November 2026, 5:00 PM IST, and brochure clauses 2(a)(ii)–(iii) require the processing fee and EMD on or before the closing date. YEIDA’s e-auction portal, checked on 25 October, instead closes registration and EMD submission on 15 November, 5:00 PM IST, with final bid submission on 16 November, 5:00 PM IST. Clause 4(i) makes portal registration depend on paying the EMD there. The two dates are a day apart; confirm the applicable cutoff with YEIDA’s Institutional Department in writing. The extension also moves the qualified / disqualified applicant lists to 16 December, 5:00 PM IST and the auction to 22 December, 11:00 AM IST until completion.
Data sheet, PDF page 5; technical eligibility, page 9
Who can apply to run a school on these plots?
Indian registered trusts, societies and Section 8 companies may apply. Individuals, sole proprietors, LLPs, proposed entities and consortiums are excluded. The applicant must have operated an eligible senior / higher secondary school for the last three consecutive years. The brochure names CBSE, ICSE and IB, with affiliation valid now and for the next two years. Its wording combines “State Board” with ICSE ambiguously; obtain written eligibility clarification before paying if relying on a State Board affiliation. One plot is allowed per eligible entity. Financial thresholds vary by plot size and appear in each plot’s details.
Financial criteria, PDF page 9; documents clause 8, pages 11–13; checklist, pages 3–4
Which financial documents are required?
Provide certified net worth as at 31 March 2026, a nationalised / scheduled-bank solvency certificate no more than six months old, and audited turnover evidence. The checklist also requires registration and authority to apply, PAN, applicable GST registration in Uttar Pradesh only, financial statements and the project report. The net-worth, solvency and turnover thresholds are separate tests, not deposits payable to YEIDA.
Clause 10, PDF page 14; additional land-cost conditions, page 23
Can the plot area or land cost change?
The brochure requires acceptance of area variation up to 10%, with premium and lease rent adjusted. For a larger variation, its refund option requires an application within 30 days of the allotment letter or checklist, as applicable. Additional area is charged at the prevailing allotment rate or the original allotment rate, whichever is higher. Court, authority or government increases in acquisition cost or specified farmer payments can also be passed on proportionately. Non-delivery of contiguous land does not postpone instalment dues. Inspect the plot and confirm its possession and services before applying.
Data sheet item 13, PDF page 6; clause 23, page 18; clauses 26–27, pages 19–20
Can the plot or ownership be transferred?
Transfer requires YEIDA’s approval and a unit declared functional, for the same allotted use. The transfer charge is 5% of the higher of the prevailing premium and total bid premium, plus applicable GST; the processing fee is ₹10,000 plus GST. Constitution or shareholding changes require approval under the prevailing policy, with an application within 45 days of the change. A proposed transfer does not remove outstanding dues or development obligations.
Data sheet items 10–11, PDF page 6; payment schedule clause 9, pages 13–14
What is payable after allotment?
Pay 40% of the total bid premium, including the registration amount already paid, within 60 days of allotment without interest. The remaining 60% is payable in four half-yearly instalments with interest. The brochure also provides a full-payment option within 90 days. A higher winning bid increases the premium and related percentage-based dues; the displayed reserve is only the starting figure.
Data sheet item 15(4), PDF page 6; clause 20, page 17
Is the school location charge already included?
Data-sheet item 15(4) says preferential-location charges (PLC) are included in the reserve. Clause 20 also applies PLC at lease-deed execution according to the Lease Plan. Confirm with YEIDA in writing that no additional PLC will be demanded for the selected plot when the lease is executed.
Data sheet item 11, PDF page 6; notes, pages 9 and 17; payment clause 9, page 13
Which interest rate applies to instalments?
The brochure conflicts with itself. Data-sheet item 11 (PDF page 6) gives 10% annual instalment interest but also calculates default interest as 10.50% + 3% = 13.50%. Clause 9 (page 13) gives 10.50% on the reducing balance and 13.50% for default, then separately prints 10% + 3% = 13%. Notes on pages 9 and 17 say 10%, while page 17 gives 13.50% for lease-rent default. Rates may change on 1 January and 1 July. Obtain YEIDA’s applicable rates in writing before choosing instalments.
Clauses 16–18, PDF pages 15–17
What deadlines and extension charges follow allotment?
Execute the lease deed and take possession within 60 days of the checklist. Exceptional extensions may run up to 180 days, at 2.5% of premium plus GST for the delayed period. Construction extensions require approval: years four and five carry 1% and 2% of bid premium, respectively, on the first-phase area proportion, calculated half-yearly. Full-project extensions carry 3% then 4%, calculated half-yearly: years six and seven for plots up to 10,000 sq m, or years seven and eight for larger plots in this offer. Obtain the functional certificate within six months of the completion certificate. Delay can attract 4% of premium for up to one year, calculated monthly pro rata, followed by cancellation under the stated conditions.
Construction table, PDF page 8; special conditions, PDF page 22
What school and construction obligations continue after allotment?
The first construction phase is due within three years: 40% of permissible floor area for these plots up to 10,000 sq m, and 35% for the larger plots. Full completion is due within five and six years respectively. At least 50% of admissions must be from YEIDA’s notified area; the brochure reserves 10% within that intake for wards of former landowners. Clause 37 also requires fee concessions, authority-nominated admissions and timely board affiliation. These obligations need to fit the proposed school’s operating plan.
Clauses 14(a)(vi), 16–18 and 22, PDF pages 15–18; clause 33, page 21; clause 38(xiv), page 23
What can be forfeited on withdrawal or default?
Surrender before allotment or within 30 days forfeits EMD. Clause 22 deducts the smaller of the amount paid and 30% of premium for surrender after 30 days and lease execution, plus other dues. Clause 33 forfeits all deposits for misrepresentation, or the smaller of 20% of premium and the amount paid for its other listed breaches. Completion provisions differ: clause 14(a)(vi) specifies 20% of total premium for missing the completion schedule, while clauses 16–17 specify 40% for the stated construction / functional defaults. Missing the lease-execution deadline can also forfeit 40% of premium. Clause 38(xiv) forfeits all money deposited for assigning or changing the lessee’s role. Possession and structures can be resumed without compensation; lease rent, interest and listed charges are not refundable.
Clauses 18–19, PDF pages 16–17; GST conditions, page 23
What does the lease include?
The land is offered on a 90-year lease for its specified use. The plot premium does not replace lease rent: annual rent starts at 2.5% of premium plus GST, payable in advance, and may rise by up to 50% every ten years. The alternative one-time payment is 27.5% of premium plus GST. Earlier annual rent is not credited if the allottee later switches. GST on the premium, stamp duty, registration, permissions and development costs are additional.
16 October extension; brochure clause 4(vii)–(viii), PDF page 10
Can the auction date or closing time change?
The extension schedules 22 Dec 2026 from 11:00 AM IST until completion, without a fixed closing hour. A bid in the last five minutes extends bidding by five minutes, repeatedly. After 6:00 PM IST it continues the next day from 11:00 AM IST; there is no published overall cap. The brochure also provides two seven-day application rollovers where fewer than three bids are received. Check the plot’s final eligibility and session notice.
Clause 4(vii), PDF page 10
What if too few eligible bidders apply?
Clause 4(vii)(a)–(d) requires at least three eligible bids, with two seven-day rollovers if fewer apply. But subclause (e) says fewer than two bidders means no auction and return of processing fee and EMD without interest; it also rejects a single bid. The three-bid rule and two-bid refund wording conflict. Ask YEIDA to clarify the two-bid case; the processing fee is not unconditionally non-refundable.
Clause 4(iv)–(v), PDF page 10; clause 38(xv), page 23
Can YEIDA withdraw a plot or reject the highest bid?
Yes. YEIDA may withdraw sites, reject any or all bids, or cancel or postpone the auction without giving a reason, even when bids exceed the reserve. Its terms also permit taking back land or buildings in the larger public interest after a hearing and payment at the prevailing rate. Winning the bidding does not remove these conditions.