Yamuna Expressway Industrial Development Authority had launched a residential flats scheme in Sector-18 in Yamuna Expressway. Allotment of a flat in the YEIDA multistoried flats scheme BHS-01/2013 will be subject to fulfillment of certain terms and conditions.
YEIDA Multistoried Flats Scheme BHS-01/2013 – Terms and Conditions for the Allotment
Greater Noida (Uttar Pradesh, India), October 28, 2015
The Yamuna Expressway Industrial Development Authority (YEIDA) had launched a multistory residential flats scheme (YEIDA Scheme Code BHS-01/2013) in Yamuna Expressway area in District Gautam Budh Nagar of Uttar Pradesh.
In the YEIDA multistoried flats scheme BHS-01, the Yamuna Expressway Industrial Development Authority had offered total 4425 residential flats for the different categories.
Registration for the YEIDA multistoried LIG flats scheme BHS-01/2013 was open for the citizens of India from April 02, 2013 to May 17, 2013.
The Yamuna Expressway Industrial Development Authority will allot a flat in the YEIDA multistoried flats scheme BHS-01 subject to fulfillment of certain terms and conditions.
The General Terms and Conditions for the YEIDA Multistoried Flats Scheme BHS-01
1. Allotment of a residential flat in the YEIDA multistoried flats scheme BHS-01/2013 shall be governed by the provisions contained in the Uttar Pradesh Industrial Area Development Act, 1976 (U.P. Act No. 6 of 1976).
2. Allotment of the residential flat shall be made through a lottery draw of lots.
3. Number of the multistoried flats available for allotment may increase or decrease at the time of lottery draw.
4. If the applications received are less than the multistoried flats reserved under any reserved category, the remaining multistoried flats will be transferred to the General Category Applicants at the time of lottery draw of lots.
5. On allotment of a flat, the allottee shall be informed of the dues payable for the flat through an allotment letter.
6. The Yamuna Expressway Industrial Development Authority is fully authorized to fix the final prices for the multistory flats built by it, and its decision in this regard shall be final.
7. The area of multistory LIG flat allotted may slightly vary at the time of handing over of the possession. The premium of the multistory flat will proportionately vary due to such variation. If such variation is less than or equal to 10%, no change in location or surrender shall be allowed. However, if such variation is more than 10%, the allottee shall have the option of surrendering the allotment and take back entire money deposited by him or her with 4% simple interest.
8. The price of the residential flat is tentative to the extent that any enhancement in the cost of land awarded by the Competent Authority under the Land Acquisition Act shall also be payable proportionately, as determined by the Yamuna Expressway Industrial Development Authority, within a specific period of its demand.
9. The allottee will accept the residential flat on “as is where is basis” on lease from the Yamuna Expressway Industrial Development Authority for a period of 90 years unconditionally.
10. No change shall be permitted in the application category of an applicant in any circumstances after the registration has been done.
11. Only such applications shall be deemed to be valid, which are accompanied by the specific earnest money in the form of Demand Draft, Banker’s Cheque, or Pay Order in favor of the ‘Yamuna Expressway Industrial Development Authority’ drawn at Greater Noida, Noida, or Delhi. However, the Yamuna Expressway Industrial Development Authority shall not accept earnest money deposit in cash.
12. The cost and expenses of preparation, stamping and registering the legal documents and its copies and all other incidental expenses will be borne by the allottee, and who will also pay the stamp duty of transfer of immovable property levied or any other duty or charge that may be levied by any authority empowered in this behalf.
13. The allottee will be liable to pay all rates, taxes, charges and assessment of every description imposed by any Authority empowered in this behalf, in respect of the independent house and by any other statutory body, whether such charges are imposed on the multistoried flat or on the building constructed thereon, from time to time.
14. The allottee at his or her expense will take permission for sewerage, electricity, and water connections for the multistoried residential flat allotted to him or her from the concerned departments of the Authority or from the concerned competent authority in this regard.
15. The allottee shall not be allowed to change the specifications made in the residential flat. In case of any violation of any regulation or direction, the defect, if not compoundable could be got rectified by the Yamuna Expressway Industrial Development Authority and the expenses incurred in carrying out such work will be recovered from the allottee.
16. The allottee shall not use the flat for any purpose other than residential.
17. The address given in the application form for the YEIDA multistoried flats scheme BHS-01 should be complete. The applicant should inform about any change in the mailing address immediately to the Authority and concerned bank.
18. If an applicant gives wrong information in an affidavit or application or shall hide any facts, the allotment to him or her shall be immediately cancelled and even if the residential flat is allotted, the Yamuna Expressway Industrial Development Authority shall be competent to cancel such allotment and take back possession of the flat.
19. The residential flat shall continue to vest in the Yamuna Expressway Industrial Development Authority until the entire consideration money together with interest and other amount, if any, due to the Yamuna Expressway Industrial Development Authority on account of the sale is paid.
20. If due to any “Force majeure” or such circumstances beyond the Yamuna Expressway Industrial Development Authority’s control, the Authority is unable to make allotment or give possession of the allotted residential flat, the entire registration money or the deposit, depending on the stage of allotment, will be refunded to the allottee along with a simple interest at the rate of 4% per annum.
21. The Yamuna Expressway Industrial Development Authority shall be fully competent to make or alter rules and regulations framed by it and these shall be binding on the registered applicants.
22. Any dispute between the Yamuna Expressway Industrial Development Authority and the allottee shall be subject to the territorial jurisdiction of the Civil Courts having jurisdiction over Greater Noida or the Courts designated by the Honorable High Court.
YEIDA Multistoried Flats Scheme BHS-01 – Allotment Eligibility
YEIDA Multistoried Flats Scheme BHS-01/2013 – Eligibility Conditions for the Allotment
Yamuna Expressway Industrial Development Authority Flats Scheme BHS-01
Yamuna Expressway Industrial Development Authority – Multistoried Flats Scheme BHS-01/2013
Yamuna Expressway Industrial Development Authority – Plans and Projects
Yamuna Expressway Industrial Development Authority – Residential Plans, Policies, Projects, and Schemes
Uttar Pradesh Awas Vikas Parishad – Residential Plans, Projects and Schemes
Uttar Pradesh Awas Evam Vikas Parishad – Current Residential Plans, Policies, Projects, and Schemes
Uttar Pradesh Government – Plans, Policies, and Projects
Government of Uttar Pradesh – Current Residential Plans, Policies, Programs, Projects, and Schemes
Indian Government – Plans, Policies, and Projects
Government of India – Current and Past Residential Plans, Policies, Programs, Projects, and Schemes
