How To Get Permission For Hotel Or Shop Near Jewar Airport: Do you want to open a hotel or shop near Jewar Airport? If your answer is yes then from whom will permission be taken for this? Actually, recently Yamuna Expressway Industrial Development Authority (YEIDA) started the e-auction process. The plot received in allotment through this scheme will be given by the Uttar Pradesh Government on a lease of 90 years. At the same time, hotel builders who acquire land through e-auction will have to complete the first phase of work within three years while the entire project will have to be completed within 5 years.
What is the EMD value of these plots?
Let us tell you that the reserve premium price of these plots having area of 3400, 5000 and 10000 square meters has been kept between Rs 20.10 to 62.06 crore, while the EMD value of these plots has been fixed between Rs 2 to 6.3 crore. Apart from this, according to the Uttar Pradesh government, the brochure of the three types of plottings for which the e-auction process will be completed can be downloaded from the official website of YIDA. The pricing of scheme brochure download has been fixed at Rs 50,000 plus 18 percent GST.
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At the same time, the applicants who will be allotted plots will have to pay 40 percent of the reserve premium price of the respective plot category to get the possession. Whereas the remaining 60 percent can be repaid through 10 installments in 5 years.
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Also, the minimum net worth of the person or organization applying for a plot of 3400 square meters should be Rs 15 crore. Apart from this, the minimum total turnover as per the last three years and the current year should be Rs 30 crore.
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