Group housing plot
A plot sold to build apartment blocks, usually by auction to a developer or society. The buyer is a builder rather than a family, and the sizes and the money are on a different scale from a flat or a residential plot. YEIDA's GH-12/2026 round put ten plots to e-auction in Sectors 17, 18, 20 and 22D of YEIDA City, with earnest money at 10 per cent of each plot's total premium - which YEIDA prints per plot, from ₹6.89 crore to ₹30.27 crore - and a brochure and processing fee of ₹5,00,000. NBCC sells them one at a time on the same model: its GH02 plot at Ved Vyas Puri, Meerut is a single plot sold as is where is, with NBCC building nothing on it. Tenure differs too - YEIDA's are leasehold, NBCC's Meerut plot is freehold.
Worth knowing
- Bidding is usually restricted rather than open: YEIDA tests each bidder's financial and technical eligibility first and only the names it publishes may bid.
- A group housing plot is land, not a home. Whatever flats appear on it are built and sold later by whoever wins it, on that builder's terms and not the authority's.
Questions people ask
What is Group housing plot in a government plot auction?
A plot sold to build apartment blocks, usually by auction to a developer or society. The buyer is a builder rather than a family, and the sizes and the money are on a different scale from a flat or a residential plot. YEIDA's GH-12/2026 round put ten plots to e-auction in Sectors 17, 18, 20 and 22D of YEIDA City, with earnest money at 10 per cent of each plot's total premium - which YEIDA prints per plot, from ₹6.89 crore to ₹30.27 crore - and a brochure and processing fee of ₹5,00,000. NBCC sells them one at a time on the same model: its GH02 plot at Ved Vyas Puri, Meerut is a single plot sold as is where is, with NBCC building nothing on it. Tenure differs too - YEIDA's are leasehold, NBCC's Meerut plot is freehold.
What should a bidder watch for with group housing plot?
Bidding is usually restricted rather than open: YEIDA tests each bidder's financial and technical eligibility first and only the names it publishes may bid.
Anything else about group housing plot?
A group housing plot is land, not a home. Whatever flats appear on it are built and sold later by whoever wins it, on that builder's terms and not the authority's.
More terms
- EMD (Earnest Money Deposit)
- Reserve price
- Freehold and leasehold
- Location premium (PLC)
- Lucky draw
- e-Auction
- Allotment letter
- Category: environmental, and reserved
- TDS on property (section 194-IA)
- GST on a plot purchase
- Reserve price and circle rate
- Possession and infrastructure status
- Corrigendum
- Registration money
- Instalments
- Income categories (EWS, LIG, MIG, HIG)