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 and financial eligibility, PDF pages 5–6 and 9; net-worth note 2, page 13; checklist, pages 3–4
Who can apply, and what are the financial thresholds?
Registered partnerships, trusts, societies, private / public limited companies, public-sector undertakings and government / semi-government bodies may apply. Individuals, sole proprietors, LLPs, consortiums and proposed entities are excluded; one plot is allowed per eligible entity. Required thresholds are net worth ₹2.18 crore as at 31 March 2026, solvency ₹1.63 crore from a nationalised / scheduled bank on a certificate no more than six months old, and turnover ₹10.88 crore. Sister- or parent-company net worth is not considered. Submit the entity, financial and project documents; the checklist specifies applicable GST registration in Uttar Pradesh only.
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.
Payment schedule clause 9, PDF pages 13–14; lease-rent default, page 17
What do instalments cost?
The office brochure specifies 10% annual interest on the reducing instalment balance, subject to revision on 1 January and 1 July. Default adds 3%, giving the stated 13% annual rate compounded half-yearly, with applicable GST. The interest obligation is additional to the premium and lease rent.
Clauses 16–18, PDF pages 16–17
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. 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.
Data sheet: permissible activities, building parameters and construction period, PDF pages 7–8
What can be built here?
The plots are for corporate offices and the brochure’s listed activities, including headquarters, global capability centres, financial services, IT / IT-enabled services, data analytics, start-ups, artificial intelligence and shared offices. Ground coverage is 30% and floor-area ratio (FAR) is 2.00; FAR measures permitted floor space relative to plot area. Purchasable FAR is not allowed. Supporting facilities are limited to 15% of FAR. Airport clearance is required above 30 metres. Full construction is due within three years of lease-deed execution.
Allotment payment, PDF page 6; clauses 14–18, pages 15–17; clause 22, page 18; clause 33, page 22; clause 36(xiv), page 23
What can be forfeited on surrender or cancellation?
Missing the allotment-payment requirement forfeits EMD. Surrender before allotment or within 30 days also forfeits EMD; clause 22 deducts the smaller of 20% of premium and the amount paid for surrender after 30 days and lease execution, plus other dues. Misrepresentation forfeits all deposits; general cancellation under clause 33 deducts the smaller of 40% of premium and the amount paid for its other listed breaches. Separately, clause 14(a)(v) specifies 20% of total premium for missing the completion-certificate schedule; clauses 16–17 specify 40% for construction / functional defaults. Clause 18(a)(iii) forfeits 40% of premium for failure to execute the lease within the stipulated or extended period. Clause 36(xiv) forfeits all money deposited for assigning or changing the lessee’s role. Possession and structures can be resumed without compensation; lease rent, interest, penalties and extension 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?
After two seven-day rollovers, fewer than three eligible bidders means no auction for that plot and a refund of processing fee and EMD without interest. A single bid cannot be accepted. This is an exception to the normally non-refundable processing fee.
Clause 4(iv)–(v), PDF page 10; clause 36(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.