The words people use on this corridor

Allotment letter

The authority document confirming that a specific plot has been allotted to a named person.

It names the allottee, the plot, the sector, the area and the payment schedule. It is the first link in the chain of title on an authority plot, and every later document refers back to it. Always verify an allotment letter against the authority record rather than accepting a photocopy from a seller.

Bigha

A traditional land measure whose size varies by district. The pucca bigha used across western Uttar Pradesh is 3,025 square yards, about 2,529 square metres.

Because it varies locally, a land area quoted in bigha should always be converted to square metres against the revenue record before it is relied on in a transaction.

Circle rate

The government-notified minimum value of property in an area, used as the floor for stamp duty.

Stamp duty is charged on the circle rate or the transaction value, whichever is higher. Negotiating below the circle rate does not reduce your duty. See the stamp duty calculator to see how that plays out on a real number.

Construction obligation

A condition in your allotment requiring you to build within a set period.

Overshooting it attracts penalties and, in the worst case, cancellation. Industrial allotments go further and require you to commence and continue operations, not merely to build. Check the timeline in your own allotment conditions before you plan a long hold.

DrawLottery

The public lottery by which the authority decides who gets a plot when a scheme is oversubscribed.

Applicants deposit registration money, and successful applicants are drawn against the plots on offer within their category. Unsuccessful applicants get their deposit back.

Encumbrance certificate

A record showing whether a property carries any charge, mortgage or claim.

It is one of the documents required for the registry and it is how an undisclosed bank charge surfaces. Pull it yourself rather than relying on the seller assurance that the plot is clear.

Farmer quota plotAbadi plot5 per cent plot

A plot allotted to a farmer whose land was acquired, under the reservation the authority sets aside for them.

Under YEIDA scheme RPS-10/2026, 17.5 per cent of plots were reserved for farmers whose land was acquired. These plots trade, and they are often the cheaper end of the market, but the transfer rules differ from a general-quota plot and the allotment chain frequently has a link that never received authority approval. The diligence here is heavier and it is not optional.

GajSquare yard

A square yard, the unit the north Indian resale market quotes in. One square metre is 1.19599 gaj.

The authority documents everything in square metres, so your allotment letter and lease deed are in sqm while the market talks in gaj. Convert before comparing two quotes; a rate per gaj and a rate per sqm are not comparable numbers.

General power of attorneyGPA

An authorisation to act on someone else’s behalf, which does not transfer ownership of a plot.

A GPA sale is the most expensive shortcut on this corridor. The authority will not recognise you as the allottee, you cannot get the transfer memorandum in your name on the strength of it, and your exit is limited to finding another buyer willing to take the same risk. Avoid it.

Lease deed

The registered instrument by which the authority grants you the lease on your plot.

It is executed after the required share of the premium and the lease rent are paid, and registered at the sub-registrar with stamp duty and registration fee paid. A plot with a registered lease deed is worth more than an unregistered allotment, and the gap is often wider than sellers expect.

Lease rent

The rent payable to the authority under the lease, due before the lease deed is executed.

On a resale, the new lease rent for the buyer is calculated on the authority rate prevailing at the time of the transfer memorandum, not at the time of the original allotment. That is why a transfer in a year of higher authority rates costs the buyer more.

Leasehold

Land held on a long lease from the authority rather than owned outright.

Authority allotments across Noida, Greater Noida and YEIDA are leasehold, commonly on a 90-year lease in Greater Noida. Leasehold does not weaken your title, but it does put the authority in the middle of every transfer. Nothing changes hands without its approval.

Loan-to-valueLTV

The share of the property price a lender will fund.

Plot loans typically carry a lower loan-to-value than a home loan on a built unit, so plan for a larger down payment. Some lenders will not lend against authority leasehold land at all before the lease deed is registered.

MutationDakhil kharij

Updating the authority and revenue records to show you as the current holder after registration.

Registration transfers the right; mutation updates the record. A registered deed with no mutation filed will cause the next buyer trouble, so file it immediately after registry and keep the acknowledgement with the file.

No-dues certificateNDC

An authority certificate confirming that everything owed on the plot has been paid.

Without it there is no registry. If a seller cannot produce a fresh no-dues certificate, the file is not ready to transact regardless of what else they show you. Undisclosed dues surfacing at this stage is one of the most common reasons a deal on this corridor stalls.

Possession letter

The authority letter handing you physical possession of the plot after registration.

It typically issues around 60 days after registration. Before taking possession, check the physical boundaries on site against the sanctioned layout plan. A plot whose demarcation does not match the plan is a problem to solve now, not at resale.

Premium

The price of the plot payable to the authority under the allotment, distinct from the lease rent.

It is usually paid in instalments under a schedule set out in the allotment letter. Falling behind on the schedule attracts interest and, in serious cases, cancellation.

Registration fee

A fee of 1 per cent of property value, payable at the sub-registrar in addition to stamp duty.

Like stamp duty it is computed on the circle rate or transaction value, whichever is higher, and it comes out of your own funds rather than the loan.

Resale

Buying a plot from an existing allottee rather than from the authority in a scheme.

You pay what the seller paid the authority, plus a premium, plus the transfer costs. In exchange you get certainty of getting a plot and certainty of which plot. Most buyers on this corridor come in this way, because schemes open irregularly and are heavily oversubscribed.

Reservation quota

The share of plots in a scheme set aside for defined categories rather than the general public.

Under RPS-10/2026: 17.5 per cent for farmers whose land was acquired, 5 per cent for functional industrial units in Yamuna City, leaving 77.5 per cent for the general public, with a further 5 per cent of the total for persons with disabilities including 1 per cent for visually impaired applicants.

RPSResidential Plot Scheme

A YEIDA Residential Plot Scheme, the route by which the authority allots plots by public draw.

RPS-10/2026 offered 973 plots across Sectors 15C, 18 and 24A at an allotment rate of about Rs 36,260 per sqm. Applications closed on 6 May 2026 and the draw was held on 18 June 2026. Scheme allotment is the cheapest way in and the least likely, because demand runs far ahead of supply.

Sanctioned layout plan

The authority-approved drawing showing how a sector is divided into plots, roads and open space.

It is the reference against which physical demarcation is checked on site. A plot whose location on the ground does not match the layout plan is a defect, and it is far cheaper to find it before the token than after the registry.

Stamp duty

The state tax on registering a property transfer: 7 per cent for a male buyer in Uttar Pradesh, 6 per cent for a female buyer and 6.5 per cent for joint ownership.

Charged on the circle rate or transaction value, whichever is higher, and payable at the sub-registrar before the deed is registered. A registration fee of 1 per cent of property value applies on top. Neither is usually fundable by a loan.

Sub-registrar

The government office where the deed is signed by both parties and registered.

The appointment itself typically takes about a day. You bring the lease deed draft, the allotment letter, the no-dues certificate and identity proofs including Aadhaar and PAN. The registered copy then goes back to the authority with the mutation application.

Transfer memorandumTM

The authority document that records a change of allottee on a plot.

On a resale you become the recognised allottee only when the authority issues the transfer memorandum. Transfer charges depend on the plot type and the transaction value. Until the TM is issued, whatever you have signed with the seller does not bind the authority.

UP RERA

The Uttar Pradesh Real Estate Regulatory Authority, with which every real estate agent in the state must register.

Agent registration costs Rs 25,000 for an individual and Rs 2,50,000 for a non-individual applicant, and training and certification apply to renewals as well as fresh applications. Operating without registration attracts a penalty of Rs 10,000 per day of default, extending to 5 per cent of the transaction value. Verify any agent registration number, including ours, on the UP RERA portal.

Yamuna City

The planned urban area YEIDA is developing along the Yamuna Expressway.

Sectors 15C to 24A form its residential core, Sectors 28 to 33 the industrial belt, and Sector 21 holds Film City. YEIDA is the authority; Yamuna City is the place it is building.

YEIDAYamuna AuthorityYamuna Expressway Authority

The Yamuna Expressway Industrial Development Authority, which plans and allots land along the Yamuna Expressway between Greater Noida and Jewar.

People on this corridor use YEIDA, Yamuna Authority and Yamuna Expressway Authority interchangeably. It allots residential, industrial, commercial and institutional plots by scheme, and every resale of one of its plots needs its approval.

No term matches that. Ask us instead and we will explain it, then add it here.